In this study, we use a Markov-Switching Bayesian Vector AutoRegression model to investigate the episodic relationship between financial stress and the key macroeconomic variables in the case of Indonesia. We find different nature of relationships among Indonesia’s real sector variables (household consumption expenditure and consumer price index), financial sector variables (interbank money m…
Includes bibliographies and index
Includes bibliographies, index and tables
This successful text, now in its second edition, offers the most comprehensive overview of monetary economics and monetary policy currently available. It covers the microeconomic, macroeconomic and monetary policy components of the field. Major features of the new edition include: - Stylised facts on money demand and supply, and the relationships between monetary policy, inflation, output and …
Dornbusch, Fischer, and Startz's Macroeconomics relies on straightforward explanations by emphasizing concepts over technique, and fitting difficult material into a larger framework so students can see its relevance in the world. The authors explore state-of-the art research, while allowing for flexibility in how much to emphasize these topics. A balanced approach explains both the potential an…
Includes index
In Macroeconomics, Blanchard presents an integrated, global view of macroeconomics, enabling students to see the connections between goods markets, financial markets, and labor markets worldwide. Organized into two parts, the text contains a core section that focuses on short-, medium-, and long-run markets and two major extensions that offer more in-depth coverage of the issues at hand. From t…
Untuk mengatasi ketidakpastian pasar saham, investor harus memiliki pemahaman yang kuat mengenai naik turunnya fase bullish dan bearish. Hal ini terutama berlaku ketika melihat indeks LQ45 Indonesia, yang terdiri dari 45 saham paling likuid di Indonesia. Studi ini memprediksi arah pergerakan indeks harga saham LQ45 di masa depan dengan terlebih dahulu mencari tahu periode bearish dan bullish-ny…
We provide a simple model of investment by a firm funded with debt and equity and empirical evidence to demonstrate that, once we control for the debt overhang problem with credit spreads, asset volatility is an unambiguously positive signal for investment, while equity volatility sends a mixed signal: Elevated volatility raises the option value of equity and increases investment for financiall…
This address reviews macrofinance from the perspective of resilience. It argues for a shift in mindset, away from risk management toward resilience management. It proposes a new resilience measure, and contrasts micro- and macro-resilience. It also classifies macrofinance models in first- (log-linearized) and second-generation models, and links the important themes of macrofinance to resilience.
Includes bibliographies, index and tables.
Includes bibliographies, indexes and tables
Includes tables
Includes bibliographies, index and tables
Includes bibliographies, index and tables
Ada bibliografi, indek dan tabel
Includes bibliographies, index and tables
Includes bibliographical references and index
Indonesia Energy Outlook (IEO) 2010 merupakan pemutakhiran dari IEO 2009, yang berisi prakiraan trend perkembangan energi Indonesia sampai dengan 2030. Tujuan penyusunan IEO adalah untuk memberikan gambaran kuantitatif mengenai trend sektor energi di masa mendatang yang mencakup permintaan dari sektor-sektor pengguna, dan kemampuan pasokan ke sektor-sektor pengguna baik yang berasal dar…
Ada indek