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Stabilitas Permintaan Uang di Indonesia Sebelum dan Sesudah Perubahan Sistem Nilai Tukar

Economic Journal of Emerging Markets

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Title Stabilitas Permintaan Uang di Indonesia Sebelum dan Sesudah Perubahan Sistem Nilai Tukar
 
Creator Sidiq, Sahabudin
 
Description The objective of this study is to analyze the stability of money demand in Indonesia before and after the change of exchange rate system, from managed floating exchange rate to free floating exchange rate in the middle of 1997. And also to analyze the role of exchange rate on the money demand in Indonesia.The result shows that there are no change in stability of money demand for M1 and any change in stability for M2. The role of exchange rate is very significant in money deĀ¬mand in Indonesia not only for M1 but also for M2. Because of right now, the exchange rate system is free floating exchange rate, where no government intervening, so that the governĀ¬ment should to maintain the exchange rate market more efficient.Keywords: Money Demand, Managed floating exchange rate, free floating exchange rate, stability of money demand
 
Publisher Universitas Islam Indonesia
 
Contributor
 
Date 2009-07-24
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://journal.uii.ac.id/index.php/JEP/article/view/604
10.20885/vol10iss1aa604
 
Source Economic Journal of Emerging Markets; Vol 10, No 1 (2005)
2502-180X
2086-3128
 
Language eng
 
Relation http://journal.uii.ac.id/index.php/JEP/article/view/604/530