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A Critical Review on Interest Rate as a Tool of Monetary Policy

Tazkia Islamic Finance and Business Review

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Title A Critical Review on Interest Rate as a Tool of Monetary Policy
 
Creator putriani, diyah; universitas gadjah mada
towo, pras; universitas islam indonesia
 
Subject interest rate, economic downturn, monetary policy, meta-analysis
 
Description Objectives: This research is aimed to critically review the relationship between interest rate and economic downturnMethods: Meta-analysis.Results: The existing monetary policy will always create higher inflation rate overtime triggering economic crisis in the long run. This is not merely about how the monetary authority strictly manages the supply and demand for money in the economy.Conclusion:This paper concludes that interest rate give negative contribution to the economic growth.
 
Publisher Institute for Research and Community Empowerment (LPPM TAZKIA)
 
Contributor
 
Date 2016-04-19
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://tifbr-tazkia.org/index.php/TIFBR/article/view/93
10.30993/tifbr.v9i2.93
 
Source Tazkia Islamic Finance and Business Review; Vol 9, No 2 (2015)
2460-0717
1907-8145
10.30993/tifbr.v9i2
 
Language eng
 
Relation http://tifbr-tazkia.org/index.php/TIFBR/article/view/93/97
 
Rights Copyright (c) 2016 Author and Publisher
http://creativecommons.org/licenses/by-nc-sa/4.0