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Perdebatan hubungan kebijakan moneter dan fiskal terkait dengan dampak defisit anggaran yang dapat mengganggu inflasi yang merupakan tujuan akhir kebijakan moneter. Sebaliknya, bagi pembuat kebijakan fiskal inflasi yang terlalu ketat dapat berdampak buruk terhadap pertumbuhan ekonomi dan kesempatan kerja yang merupakan tujuan utama dari kebijakan fiskal. Tidak terdapatnya koordinasi diantara ke…
There have been long running disputes on the relationship between the degree of openness and economic performance. Based on cross-country analyses, a number of studies found that the relationship between openness and economic performance is quite mixed. Some studies discovered a positive relationship, while others found a negative or simply neutral relationship. Unlike previous studies using cr…
Global financial crisis started in mid 2008 has reduced global economic growth, and many countrieseven experienced economic contraction. To deal with economic contraction, various economic policieshave been undertaken. Governments have increased fiscal stimulus through increasing expenditure and lowering tax while central banks have cut policy rates substantially. In some countries interest rat…
A run on a particular bank can lead to a banking crisis if it spreads to other banks (contagious effect). In the case of Indonesia, bank runs have also reoccurred time and again. In 1992, bank runs affected several national banks, subsequently precipitating the liquidation of one bank. Then in 1997/1998, bank runs developed into the worst banking crisis ever witnessed in the banking history of …
BACA DITEMPAT
Baca ditempat
Perdebatana hubungan kebijakan moneter dan fiskal terkait dengan dampak defisit anggaran yang dapt mengganggu inflasi yang merupakan tujuan akhir kebijakn moneter..BACA DITEMPAT
There have been long running disputes on the relationship between the degree of openness and economic performance. Based on cross-country analyses, a number of studies found that the relationship between openness and economic performance is quite mixed. Some studies discovered a positive relationship, while others found a negative or simply neutral relationship. Unlike previous studies using cr…
This paper examine the determinant of bank runs in Indonesia that includes economic fundamental, bank performance, and self-fulfilling prophecy factors for all banks either in full sample periods between years 1990 v 2005 or in banking crisis periods between years 1997 v 1998. The bank runs determinant uses dynamic panel model from Arrelano-Bond. Estimation result shows that self-fulfilling pro…
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