Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Gadjah Mada International Journal of Business Journal of Indonesian Economy and Business Economics and Finance in Indonesia
Insukindro Insukindro
Faculty Of Economics And Business, Universitas Gadjah Mada, Yogyakarta
Economics, Econometrics & Finance

Published : 18 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 18 Documents
Search

 1   2 
Inflation Dynamics in Indonesia: Equilibrium Correction and Forward-Looking Phillips Curve Approaches Insukindro, Insukindro; Sahadewo, Gumilang Aryo
Gadjah Mada International Journal of Business Vol 12, No 1 (2010): January - April
Publisher : Master of Management, Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (296.967 KB)

Abstract

A series of relatively high inflation characterize Indonesian economy, especially during the economic crisis. Economists generally agree that high inflation is one of the major economic problems, and that economic authorities need to cope with such a problem. Therefore, it is essential to understand the behavior of inflation in Indonesia. The aim of this paper is to estimate the inflation dynamics in Indonesia using equilibrium correction and forward-looking Phillips Curve approaches. Previous empirical studies show that the equilibrium correction or backward-looking approach may explain the inflation dynamics in Indonesia. The backward-looking specification does not have to be the proper model even if the fact shows that the specification holds. The major innovation of this paper is the application of a forward-looking Phillips curve model. The empirical results—estimated using the Generalized Method of Moments (GMM)—show that the forward-looking Phillips Curve approach dominates the backward-looking behavior. It indicates that after a credible monetary policy announcement, for instance, the former model predicts that economic agents will change their behavior quickly. Therefore, the policy will affect the economy more rapidly
Penurunan Data Bulanan dari Data Tahunan Insukindro, Insukindro
Economics and Finance in Indonesia Volume 38, Number 4, 1990
Publisher : Institute for Economic and Social Research

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (28.873 KB) | DOI: 10.47291/efi.v38i4.444

Abstract

.
Dynamic Specification Applicable to the Indonesian Monetary Sector: A Review Insukindro, Insukindro
Economics and Finance in Indonesia Volume 37, Number 1, 1989
Publisher : Institute for Economic and Social Research

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (28.873 KB) | DOI: 10.47291/efi.v37i1.408

Abstract

.
Trends and Cycles in Economic Time Series: The Case of The Demand for Money in Indonesia Insukindro, Insukindro
Economics and Finance in Indonesia Volume 40, Number 1, 1992
Publisher : Institute for Economic and Social Research

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (28.873 KB) | DOI: 10.47291/efi.v40i1.212

Abstract

.
Menurunkan Permintaan Uang Dengan Pendekatan Garis Anggaran Insukindro, Insukindro
Economics and Finance in Indonesia Volume 34, Number 4, 1986
Publisher : Institute for Economic and Social Research

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (28.873 KB) | DOI: 10.47291/efi.v34i4.353

Abstract

.
Pengaruh Pengeluaran Pemerintah, Cadangan Devisa dan Angka Pengganda Uang Terhadap Jumlah Uang Beredar di Indonesia Insukindro, Insukindro
Economics and Finance in Indonesia Volume 32, Number 4, 1984
Publisher : Institute for Economic and Social Research

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (28.873 KB) | DOI: 10.47291/efi.v32i4.326

Abstract

.
The Monetary Sector in Indonesia: Time Series Properties of the Data and Some Issues of Model Specifications Insukindro, Insukindro
Economics and Finance in Indonesia Volume 38, Number 2, 1990
Publisher : Institute for Economic and Social Research

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (28.873 KB) | DOI: 10.47291/efi.v38i2.434

Abstract

.
Pendekatan Stok Penyangga Permintaan Uang: Tinjauan Teoritik dan Sebuah Studi Empirik di Indonesia Insukindro, Insukindro
Economics and Finance in Indonesia Volume 46, Number 4, 1998
Publisher : Institute for Economic and Social Research

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (28.873 KB) | DOI: 10.47291/efi.v46i4.192

Abstract

.
Inflation Dynamics in Indonesia: Equilibrium Correction and Forward-Looking Phillips Curve Approaches Insukindro Insukindro; Gumilang Aryo Sahadewo
Gadjah Mada International Journal of Business Vol 12, No 1 (2010): January - April
Publisher : Master in Management, Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (296.967 KB) | DOI: 10.22146/gamaijb.5515

Abstract

A series of relatively high inflation characterize Indonesian economy, especially during the economic crisis. Economists generally agree that high inflation is one of the major economic problems, and that economic authorities need to cope with such a problem. Therefore, it is essential to understand the behavior of inflation in Indonesia. The aim of this paper is to estimate the inflation dynamics in Indonesia using equilibrium correction and forward-looking Phillips Curve approaches. Previous empirical studies show that the equilibrium correction or backward-looking approach may explain the inflation dynamics in Indonesia. The backward-looking specification does not have to be the proper model even if the fact shows that the specification holds. The major innovation of this paper is the application of a forward-looking Phillips curve model. The empirical results—estimated using the Generalized Method of Moments (GMM)—show that the forward-looking Phillips Curve approach dominates the backward-looking behavior. It indicates that after a credible monetary policy announcement, for instance, the former model predicts that economic agents will change their behavior quickly. Therefore, the policy will affect the economy more rapidly
PEMILIHAN DAN BENTUK FUNGSI MODEL EMPIRIK: STUDI KASUS PERMINTAAN UANG KARTAL RIIL Insukindro Insukindro; Aliman Aliman
Journal of Indonesian Economy and Business (JIEB) Vol 14, No 4 (1999): October
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (321.617 KB)

Abstract

This paper attempts to introduce and apply some methods of model selectionin order to avoid a specification error. In general, the specification error can beindicated by three possibilities which are possible problems with: (1) disturbances,(2) explanatory variable and (3) parameters. In this paper, our discussion isconcentrated on the functional form of our estimable model. The estimated model inthis paper is the demand for real currency in Indonesia for the period of 1984(1) 1997 (IV).The empirical result show that MacKinnon, White and Davidson (MWD Test),Bera and Me A leer (B-M Test) and Zarembka tests are fail to identify the bestfunction at form of our empirical model. However, using error correction approach,the findings show the best functional form of the demand for real currency inIndonesia is the log linear regression model
Co-Authors - Aliman Aliman Aliman Catur Sugiyanto Chandra Utama Fitrady, Ardyanto Gumilang Aryo Sahadewo Umi Julaihah