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
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Creator |
putriani, diyah; universitas gadjah mada
towo, pras; universitas islam indonesia |
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Subject |
interest rate, economic downturn, monetary policy, meta-analysis
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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.
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Publisher |
Institute for Research and Community Empowerment (LPPM TAZKIA)
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Contributor |
—
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Date |
2016-04-19
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://tifbr-tazkia.org/index.php/TIFBR/article/view/93
10.30993/tifbr.v9i2.93 |
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Source |
Tazkia Islamic Finance and Business Review; Vol 9, No 2 (2015)
2460-0717 1907-8145 10.30993/tifbr.v9i2 |
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Language |
eng
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Relation |
http://tifbr-tazkia.org/index.php/TIFBR/article/view/93/97
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Rights |
Copyright (c) 2016 Author and Publisher
http://creativecommons.org/licenses/by-nc-sa/4.0 |
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