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Dampak fluktuasi nilai tukar terhadap output dan harga : perbandingan dua rezim nilai tukar
This paper analyzes the impact of exchange rate fluctuation on the output and price in two different regimes. The model employed distinguishes four different sources of impacts on the output and price namely the anticipated and the un-anticipated exchange rate movement, the aggregate demand and th aggregate supply shock. The result confirms the impact of the exchange rate regime switch on how the exchange rate influences the output. The net impact of Rupiah depreciation will expand the output, indicating the dominance of the aggregate the demand shock through the competitive advantage than the aggregate supply shock through import price effect. The regime switch also alters the effectiveness of the monetary and the fiscal policy on the output. The magnitude of monetary and fiscal policy is much larger than the exchange rate impact on output both managed and free floating regime..
Call Number | Location | Available |
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PSB lt.2 - Karya Akhir | 1 |
Penerbit | Bulletin of Monetary Economics and Banking., 2007 |
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Edisi | - |
Subjek | Exchange rate Supply and demand Depreciation Anticipation |
ISBN/ISSN | - |
Klasifikasi | - |
Deskripsi Fisik | - |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |