Kurva Phillips Di Indonesia

Main Author: Maichal
Format: Article application/pdf
Terbitan: Balai Penelitian dan Pengembangan Ekonomi FE Univ Muhammadiyah Surakarta , 2013
Subjects:
Online Access: http://dspace.uc.ac.id/handle/123456789/337
Daftar Isi:
  • This paper aims to analyze the existence of the Phillips curve in the Indonesian economy, 2000QI-20JOQ3. The results obtained by using OLS method shows that the expectations augmented Phillips curve and the New Keynesian Phillips curve models cannot give a clear results of Phillips curve existence in the Indonesia economy. Shocks variable such as percentage change of exchange rates and crude oil prices provide a very small effect on the inflation rate in Indonesia. Furthermore, the results obtained by using GMM method on the hybrid model of the Indonesian economy.