In this study, we use a commodity augmented Phillips curve to investigate the impact of global commodity prices on domestic inflation in Brazil, Russia, India, Indonesia, China, and South Africa. Oil and energy prices cause inflationary pressures in all countries, except Russia, where they cause deflationary pressures. In India and Indonesia, global food prices are highly significant and positi…
One of the Government programs to spur economic growth is to improve the availability and quality of infrastructure through increased government spending on infrastructure development. In this paper, we build a DSGE model for a small open economy to predict the impact of government spending on output and welfare in Indonesia. The DSGE model uses parameters in line with the characteristics of In…
Presidensi G20 Indonesia mengusung tema “Pulih Bersama, Pulih Lebih Kuat" (Recover Together, Recover Stronger). Tujuan utama Presidensi G20 Indonesia adalah untuk menemukan solusi bersama atas kondisi ekonomi global. Guna mewujudkan tema tersebut, ditetapkan agenda prioritas yang dibahas dalam dua jalur agenda utama, yaitu jalur keuangan (finance track) dan jalur serpa (sherpa track). Jal…
This paper examines export behaviour of manufacturing firms in Indonesia. We use firm-level data from survey of medium and large Indonesian manufacturing industries over the period 1990-2000. Using panel data regression technique, we find the following regularities. First, there is a persistency in the firm?s decision to export as well as proportion of exported output. Second, higher wage, larg…
Tesis ini membahas tentang adanya resiko profitabilitas dalam aktivitas pendapatan non-kredit perbankan di Indonesia periode Maret 2004 sampai dengan September 2009. Bagian awal tesis ini menunjukkan hasil identifikasi, pemilihan data, dan analisa profitabilitas pendpatan non-kredit dengan pembandingnya pendapatan kredit. Bagian selanjutnya dibahas tentang resiko kemampuan menghasilkan laba ser…
Tesis ini menganalisis faktor-faktor yang mempengaruhi permintaan kredit riil UMKM di Indonesia. Metode yang digunakan adalah metode Error Correction Model (ECM). Hasil pengujian menunjukkan bahwa dalam model persamaan jangka panjang, variabel yang mempengaruhi permintaan kredit riil UMKM di Indonesia adalah indeks produksi bulanan industri besar dan sedang (IPI) dan trend IPI, serta inflasi. S…
januari 2011
07/20/2010
Desember 2009
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In this study, we use a commodity augmented Phillips curve to investigate the impact of global commodity prices on domestic inflation in Brazil, Russia, India, Indonesia, China, and South Africa. Oil and energy prices cause inflationary pressures in all countries, except Russia, where they cause deflationary pressures. In India and Indonesia, global food prices are highly significant and positi…
This paper examines export behaviour of manufacturing firms in Indonesia. We use firm-level data from survey of medium and large Indonesian manufacturing industries over the period 1990-2000. Using panel data regression technique, we find the following regularities. First, there is a persistency in the firm?s decision to export as well as proportion of exported output. Second, higher wage, larg…
The digital financial services industry, or financial technology (FinTech), has emerged in Indonesia in recent years. The FinTech industry, although disruptive, promises among other things to reduce costs of, and improve access to, financial services. This paper investigates the macroeconomic implications of FinTech companies in Indonesia over the period 1998?2017. In particular, we investigate…
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