Record Details


Field	Value

Title	MODEL KEBIJAKAN MONETER DALAM PEREKONOMIAN TERBUKA UNTUK INDONESIA

Creator	Juoro, Umar

Description	This paper analyze the impact of foreign policy (the Fed) on Indonesia’s monetary economy, focusing on the attention is also to the fund rate. An empirical model of VAR (Vector Auto Regression) is developed to capture the impact of increase in fund rate to Indonesia’s monetary sector. The system of equations covers central bank policy rate, lending rate, inflation, real effective rate (REER), and the output growth. The result shows that the increase of fund rate tended to push Bank Indonesia to increase his policy rate, hence the lending rate. On the other side, positive shock of foreign fund rate lower inflation and output growth, and appreciate the Real Effective Exchange Rate with lag. Keyword: monetary policy, lending rate, inflation, exchange rate.JEL Classification: E52, F41

Publisher	Bank Indonesia

Date	2014-02-04

Type	info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer-reviewed Article

Format	application/pdf

Identifier	https://www.bmeb-bi.org/index.php/BEMP/article/view/40 10.21098/bemp.v16i1.40

Source	Buletin Ekonomi Moneter dan Perbankan; Vol 16 No 1 (2013): JULY; 81-97 Buletin Ekonomi Moneter dan Perbankan; Vol 16 No 1 (2013): JULY; 81-97 2460-9196 1410-8046

Language	ind

Relation	https://www.bmeb-bi.org/index.php/BEMP/article/view/40/32

Rights	Copyright (c) 2015 Umar Juoro

Since 2014