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Analisa interaksi kebijakan moneter dan fiscal di Indonesia periode 1991:1 - 2007 : 4
This Study focuses on the interaction between monetary and fiscal policy in Indonesia during 1991 until 2007. The method of research being used in the study are Granger Causality Test and Vector Autoregression. The analysis of Granger Causality Test concludes that there is no bi-directional granger causality between base money growth and fiscal budget as representation of monetary and fiscal policy. However, monetary policy does granger cause macroeconomics variable, such as interest rate, economic growth, inflation rate and nominal exchange rate, while fiscal policy granger cause interest rate and inflation rate. Thus, in the implementation of monetary and fiscal policy, authorities should coordinate their policy in order to achieve macroeconomic stabilitation. The coordination being suggested is also approved by impulse response function that base money growth will increase more economic growth when expansionary fiscal policy response to innovation of base money growth. In summary of Granger Causality Test and Vector Autoregression, monetary policy should be optimized to achieve Rupiah stabilitation, while fiscal policy focuses on economic growth.Ada tabel
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| 6277 | PSB lt.2 - Karya Akhir | 1 |
| Penerbit | Depok: Departemen Ilmu Ekonomi, Fakultas Ekonomi Universitas Indonesia 2009 |
|---|---|
| Edisi | - |
| Subjek | Economic growth Macroeconomics Vector auto regression Monetry policy : Fiscal policy |
| ISBN/ISSN | - |
| Klasifikasi | - |
| Deskripsi Fisik | xiii, 103 p. : diagr. ; 30 cm. |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |