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Apakah Perkembangan Finansial Meredam atau Memperbesar Dampak Suatu Kejutan?
This paper analyzes the role of financial development on economic output in Indonesia. Using vector autoregressive method, the results confirm the positive impact of financial development on output growth. The interaction between the financial development and the shock either in financial or real sector shows that the financial development has a positive role to dampen the negative impact of the shock on the output growth, while strengthen the positive one. Another variable on the model, which significantly affect the output growth are excess money, term of trade, and the price. Compare to these variables, the marginal effect of financial development on output is smaller..Printed Journal
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| BEMP1402 | PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | Jakarta: Bank Indonesia, Direktorat Riset Ekonomi dan Kebijakan Moneter 2011 |
|---|---|
| Edisi | Vol. 14, No. 2, Oct., 2011 |
| Subjek | Financial development Output volatility Shock VAR. |
| ISBN/ISSN | 14108046 |
| Klasifikasi | NONE |
| Deskripsi Fisik | 22 p. |
| Info Detail Spesifik | Buletin Ekonomi Moneter dan Perbankan |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas |