Matches in SemOpenAlex for { <https://semopenalex.org/work/W2914894733> ?p ?o ?g. }
Showing items 1 to 65 of
65
with 100 items per page.
- W2914894733 endingPage "284" @default.
- W2914894733 startingPage "272" @default.
- W2914894733 abstract "The purpose of this research is to know and analyze about the comparative effectiveness of monetary policy transmission by interest rate channel and exchange rate channel in influencing inflation in Indonesia. Data used in this research is quarterly time series data from year 2005Q3 until 2017Q1. The variables used in this research are SBI interest rate, interbank call money interest rate, deposit interest rate, loan interest rate, investment, interest rate differential, capital inflow, exchange rate, net export and output gap. Data used in this research sourced by Bank Indonesia, Badan Pusat Statistik, and International Monetary Fund. The method used in this research is Vector Error Correction Model (VECM). The results of this research showed that in the long-term and the short-term in interest rate channel, interbank call money interest rate variables had a significant effect on inflation. Then the results of impulse response function test showed that the mechanism of monetary policy transmission requires outside lag to be able to influence inflation and indicate that the monetary policy transmission through interest rate in influencing the ultimate goal of inflation is more effective than exchange rate. In addition, variance decomposition results concluded that the rate of interbank call money interest rate variant is appropriately used as an operational target of monetary policy transmission for implementation in influencing inflation.
 Tujuan penelitian ini untuk mengetahui dan menganalisis perbandingan efektivitas transmisi kebijakan moneter jalur suku bunga dan jalur nilai tukar dalam mempengaruhi inflasi di Indonesia. Data yang digunakan dalam penelitian ini adalah data time series triwulanan dari tahun 2005Q3 sampai dengan 2017Q1. Variabel yang digunakan dalam penelitian ini antara lain suku bunga SBI, suku bunga PUAB, suku bunga deposito, suku bunga kredit, investasi, interest rate differential, capital inflow, nilai tukar, ekspor neto dan output gap. Data penelitian ini berasal dari Bank Indonesia, Badan Pusat Statistik dan International Monetary Fund. Metode yang digunakan dalam penelitian ini adalah Vector Error Correction Model (VECM). Hasil penelitian menunjukkan bahwa pada jangka panjang dan jangka pendek dalam jalur suku bunga, suku bunga PUAB berpengaruh signifikan terhadap inflasi. Hasil uji impulse response function menyatakan bahwa mekanisme transmisi kebijakan moneter memerlukan time lag hingga mampu mempengaruhi inflasi dan menunjukkan bahwa mekanisme transmisi kebijakan moneter melalui jalur suku bunga efektif dalam mempengaruhi sasaran akhir inflasi. Kemudian hasil uji variance decomposition menyimpulkan bahwa varian suku bunga PUAB tepat digunakan sebagai sasaran operasional dari implementasi transmisi kebijakan moneter dalam mempengaruhi inflasi." @default.
- W2914894733 created "2019-02-21" @default.
- W2914894733 creator A5049385826 @default.
- W2914894733 creator A5087650809 @default.
- W2914894733 date "2019-01-23" @default.
- W2914894733 modified "2023-09-27" @default.
- W2914894733 title "the Effectiveness of Monetary Policy Transmission to Inflation in Indonesia" @default.
- W2914894733 doi "https://doi.org/10.15294/efficient.v2i1.28397" @default.
- W2914894733 hasPublicationYear "2019" @default.
- W2914894733 type Work @default.
- W2914894733 sameAs 2914894733 @default.
- W2914894733 citedByCount "0" @default.
- W2914894733 crossrefType "journal-article" @default.
- W2914894733 hasAuthorship W2914894733A5049385826 @default.
- W2914894733 hasAuthorship W2914894733A5087650809 @default.
- W2914894733 hasBestOaLocation W29148947331 @default.
- W2914894733 hasConcept C121332964 @default.
- W2914894733 hasConcept C126285488 @default.
- W2914894733 hasConcept C149782125 @default.
- W2914894733 hasConcept C162324750 @default.
- W2914894733 hasConcept C174106034 @default.
- W2914894733 hasConcept C175025494 @default.
- W2914894733 hasConcept C185824701 @default.
- W2914894733 hasConcept C200941418 @default.
- W2914894733 hasConcept C2776229907 @default.
- W2914894733 hasConcept C2776988154 @default.
- W2914894733 hasConcept C33332235 @default.
- W2914894733 hasConcept C556758197 @default.
- W2914894733 hasConcept C88583849 @default.
- W2914894733 hasConcept C89715816 @default.
- W2914894733 hasConceptScore W2914894733C121332964 @default.
- W2914894733 hasConceptScore W2914894733C126285488 @default.
- W2914894733 hasConceptScore W2914894733C149782125 @default.
- W2914894733 hasConceptScore W2914894733C162324750 @default.
- W2914894733 hasConceptScore W2914894733C174106034 @default.
- W2914894733 hasConceptScore W2914894733C175025494 @default.
- W2914894733 hasConceptScore W2914894733C185824701 @default.
- W2914894733 hasConceptScore W2914894733C200941418 @default.
- W2914894733 hasConceptScore W2914894733C2776229907 @default.
- W2914894733 hasConceptScore W2914894733C2776988154 @default.
- W2914894733 hasConceptScore W2914894733C33332235 @default.
- W2914894733 hasConceptScore W2914894733C556758197 @default.
- W2914894733 hasConceptScore W2914894733C88583849 @default.
- W2914894733 hasConceptScore W2914894733C89715816 @default.
- W2914894733 hasIssue "1" @default.
- W2914894733 hasLocation W29148947331 @default.
- W2914894733 hasOpenAccess W2914894733 @default.
- W2914894733 hasPrimaryLocation W29148947331 @default.
- W2914894733 hasRelatedWork W1863281467 @default.
- W2914894733 hasRelatedWork W2088470476 @default.
- W2914894733 hasRelatedWork W2773353148 @default.
- W2914894733 hasRelatedWork W2956123769 @default.
- W2914894733 hasRelatedWork W2964328423 @default.
- W2914894733 hasRelatedWork W3119557531 @default.
- W2914894733 hasRelatedWork W3123299596 @default.
- W2914894733 hasRelatedWork W3124094240 @default.
- W2914894733 hasRelatedWork W4285409362 @default.
- W2914894733 hasRelatedWork W2744949401 @default.
- W2914894733 hasVolume "2" @default.
- W2914894733 isParatext "false" @default.
- W2914894733 isRetracted "false" @default.
- W2914894733 magId "2914894733" @default.
- W2914894733 workType "article" @default.