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TRANSMISI KEBIJAKAN MONETER DI INDONESIA: CREDIT VIE W ATAU MONEY VIEW?

Jurnal Ekonomi dan Pembangunan Indonesia

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Title TRANSMISI KEBIJAKAN MONETER DI INDONESIA: CREDIT VIE W ATAU MONEY VIEW?
 
Creator Safuan, Sugiharso
G. Laksono, Beta Yulianita
 
Subject economics
Transmission Mechanism, Credit, Interest Rate, Monetary Policies
C32 E51 E52
 
Description One of some problematic issues of identification of the efiectiveness of the monetary policy is the question on whether the monetary policy mechanism transmissions can perform fully in transmitting the changes of monetary policies into the national and regional level of economy. On earlier studies, Muelgini (2004) relatively compares the eflectiveness of monetary policies of the five mechanism transmission channels at the national level of the economy employing impulse response fiznction. The results show that prior to the economic crises in Indonesia credit channel is not eflective, and for after crises periods interest rates, credit, and asset price channels are becoming relatively important. Utilizing similar methodology, Laksono (2005) finds that the eflectiveness of monetary mechanism varies among regions. This research analyzes the findings of both Muelgini ‘s and Laksono's employing dijfkrent methodology to evaluate the channels through which monetary policies are transmitted
 
Publisher Department of Economics-FEB UI
 
Contributor —
 
Date 2007-01-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
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Format application/pdf
 
Identifier http://jepi.fe.ui.ac.id/index.php/JEPI/article/view/174
10.21002/jepi.v7i2.174
 
Source Jurnal Ekonomi dan Pembangunan Indonesia; Vol 7, No 2 (2007): Januari; 219-229
2406-9280
1411-5212
 
Language eng
 
Relation http://jepi.fe.ui.ac.id/index.php/JEPI/article/view/174/88
 
Coverage Indonesia
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