Record Details

EFEKTIVITAS QUANTUM CHANNEL DALAM MEKANISME TRANSMIS! KEBIJAKAN MONETER: STUDI KASUS INDONESIA TAHUN 1993 -2005

Jurnal Ekonomi dan Pembangunan Indonesia

View Archive Info
 
 
Field Value
 
Title EFEKTIVITAS QUANTUM CHANNEL DALAM MEKANISME TRANSMIS! KEBIJAKAN MONETER: STUDI KASUS INDONESIA TAHUN 1993 -2005
 
Creator Hirawan, Fajar Bambang
 
Subject —
Transmission Mechanism, Quantum Channel, Monetary Policies, Money Supply, Credit, Economic Growth
C32, E51, E52, E58, N15
 
Description In the year 2002, Y. V Reddy introduced a new thought in monetary economics theory, especially about transmission mechanism of monetary policy. Reddy classified the channeIs of transmission mechanism into three types, there are quantum channel, interest rate channel, and asset price channel. Quantum channel consists of two channels, there are money channel and credit channel. This research will examine the differences between money channel and credit channeI, the factors which affect volume of money supply (M2) and credit, the stability of quantum channel, and also effectiveness of quantum channel, especially related on its role to push the economic growth. This research uses a monthly data from the year 1993 until 2005. The analysis of this research divided into three parts of period, pre-crisis period (1993-1996), crisis period (19972OO1), and post-crisis period (2002-2005). In the precrisis period, credit channel more stable in transmission mechanism of monetary policy and more effective to push the economic growth. In the crisis, quantum channel did not effective to push economic growth. In the post-crisis period quantum channel also did not effective to push the economic growth.
 
Publisher Department of Economics-FEB UI
 
Contributor —
 
Date 2012-05-07
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
—
 
Format application/pdf
 
Identifier http://jepi.fe.ui.ac.id/index.php/JEPI/article/view/162
10.21002/jepi.v7i2.162
 
Source Jurnal Ekonomi dan Pembangunan Indonesia; Vol 7, No 2 (2007): Januari; 179-198
2406-9280
1411-5212
 
Language eng
 
Relation http://jepi.fe.ui.ac.id/index.php/JEPI/article/view/162/76
 
Coverage —
—
—