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Determinants of Indonesia?s income velocity of money
Using monthly time-series data and both short-and long-run models, our paper examines the determinants of Indonesia?s income velocity of money. Our finding suggest that in the long-run, tax revenue, short-term interest rate, industrial production and, in the short-run, money demand, significantly determine income velocity of money. Our analysis suggests that the effect on income velocity is mostly over the long-run as most determinants are dormant in the short-run. The implication from a policy perspective is that shocks are unlikely to burden income velocity over short time horizons..
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| PSB lt.2 - Karya Akhir | 1 |
| Penerbit | Bulletin of Monetary Economics and Banking., 2019 |
|---|---|
| Edisi | - |
| Subjek | Cointegration Long Income velocity of money Unit root run and short run elasticities |
| ISBN/ISSN | - |
| Klasifikasi | - |
| Deskripsi Fisik | - |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |