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Impact of Non - cash Payment Increase on the Economy and Its Implication for Monetary Control in Indonesia
Non-cash payments have been increasing significantly, followed by its substitution and efficiency effects. Cash payment is substituted, inducing decrease of cash holding by economic agents, while on the other hand more money enters the banking system. The increase of non-cash payments also cuts transaction costs, and the economy runs more efficiently. Using Structural Cointegrating VAR, its impacts on the economy are investigated. The result shows that cash holding decrease, while money stock M1 and M2 increase. The increase of non-cash payments also induces GDP growth and slight price decrease.
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| BEMP1104 | PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | Jakarta: Bank Indonesia, Direktorat Riset Ekonomi dan Kebijakan Moneter 2009 |
|---|---|
| Edisi | Vol. 11, No. 4, Apr., 2009 |
| Subjek | Money Payment system Non cash |
| ISBN/ISSN | 14108046 |
| Klasifikasi | NONE |
| Deskripsi Fisik | 29 p. |
| Info Detail Spesifik | Bulletin of Monetary Economics and Banking |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas |