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All Journal International Journal of Evaluation and Research in Education (IJERE) Signifikan : Jurnal Ilmu Ekonomi ETIKONOMI JURNAL ECONOMIA SOCA: Jurnal Sosial Ekonomi Pertanian Sosiohumaniora Optimum : Jurnal Ekonomi dan Pembangunan Journal of Indonesian Economy and Business Media Trend: Berkala Kajian Ekonomi dan Studi Pembangunan Jurnal Ekonomi & Studi Pembangunan Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Jurnal Manajemen Teori dan Terapan Jurnal Ecodemica : Jurnal Ekonomi Manajemen dan Bisnis Perspektif : Jurnal Ekonomi dan Manajemen Universitas Bina Sarana Informatika Forum Ekonomi : Jurnal Ekonomi, Manajemen dan Akuntansi Creative Research Journal Ekonomi dan Bisnis Jurnal Anggaran dan Keuangan Negara Indonesia (AKURASI) Jurnal Edukasi (Ekonomi, Pendidikan dan Akuntansi) Jurnal Ilmiah Cakrawarti Jurnal Syntax Imperatif : Jurnal Ilmu Sosial dan Pendidikan Bina Ekonomi: Majalah Ilmiah Fakultas Ekonomi Universitas Katolik Parahyangan Media Ekonomi Jurnal Ekonomi, Akutansi dan Manajemen Nusantara Jurnal Ekonomi dan Pembangunan Indonesia Economic Development Analysis Journal Optimum: Jurnal Ekonomi dan Pembangunan Jurnal Cendekia Ilmiah Jurnal Wacana Kinerja: Kajian Praktis-Akademis Kinerja dan Administrasi Pelayanan Publik Jejak: Jurnal Ekonomi dan Kebijakan Jurnal Ekonomi Kuantitatif Terapan
Bayu Kharisma
Departemen Ilmu Ekonomi Fakultas Ekonomi Dan Bisnis Universitas Padjadjaran
Religion Agriculture, Biological Sciences & Forestry Arts Humanities Automotive Engineering Biochemistry, Genetics & Molecular Biology Chemical Engineering, Chemistry & Bioengineering Civil Engineering, Building, Construction & Architecture Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Engineering Environmental Science Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences Other

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Journal : economic development analysis journal

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Youthful or Aged: Age Dependency and Inflation in ASEAN Countries Santoso, Teguh; Kharisma, Bayu; Arfita, Aurelia Puteri; Sapulette, Militcyano Samuel; Pratama, Bayu Rizky
Economics Development Analysis Journal Vol 13 No 1 (2024): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v13i1.75931

Abstract

There has been a growing interest to understand inflation through demographic lens using a critical key indicator known as the dependency ratio. However, studies investigating this nexus in terms of ASEAN nations are limited, despite ASEAN undergoing a demographic transition. Therefore, this paper aims to investigate the impact of age-population ratio on the inflation rate across 8 ASEAN countries during 2000-2020. This research uses Feasible Generalized Least Squares (FGLS) estimation, as it is robust to groupwise heteroskedasticity, serial and cross-sectional correlations. The result reveals that population aging is deflationary. However, the elderly dependence successfully explains the price dynamic after controlled by monetary and macro variables. It means that aging matters for inflation along with the macro variables dynamic. In addition, the analysis also sheds light on the impacts of the young dependency, which does not significantly impact the inflation rate when macro variables are taken into account. This research also underlines the importance of considering demographic dynamics in the future monetary policy decisions.
Co-Authors A. Muhammad Arya Yudistira Abi Revyansah Perwira Adhitya Wardhana Adhitya Wardhana Adhitya Wardhana Adhitya Wardhana Adhitya Wardhana Adi Nugraha Aditya Lingga Adji Pratikto Agung, M. Nuh Ahmad Muhajirin Ainistikmalia, Nurin Al Fitra Ramadhan Aldo Febrari Hutabarat Alfiah Hasanah Alfian Massagony Andar Mochamad Zamzam Noor Andhika Dwi Saputra Anggana, Adrian Kevianta Anita Arfian Anwar Arfita, Aurelia Puteri Arinda Wahyu Puspitarini Arsani, Ade Marsinta Asep Muhammad Adam Asep Muhhamad Adam Asrul Sugih Ramdhani Basuki, Urip Bayu Rhamadani Wicaksono Bayu Rizky Pratama, Bayu Rizky Bima Adellano Budiono Budiono Bugi Ario Cecep Suhayli Chita Ristiza Citra Triaryanti Ckris Monika Selina Damar Vergiyantoro Desi Natalia Pardede, Desi Natalia Dita Selyna Sulandari Dwi Purnomo Dwikania, Keni Elan Satriawan Elim Yosi Lita Fathimah, Devi Irmayanti Fauzy, M. Zidan Fauzy, Muhammad Zidan Ferry Hadiyanto Finny Redjeki Fira Amalia Fitri Dwi Ulandari Fitria Amiria Zahra Gartika, Ria Yessi Ghefiran Abdurrahimdzan Gunadi, Tiara Pangestika Gusnanda, Harvi Hadian Nur, Yudha Hadian, Yudha Hani Hanifah Hanifah, Hani Harisaputra, Loveandre Dwi Hazita, Facia Puspa Hidayat, Muhammad Thariq Hotma, Priscillya Imaduddin, Fikrie Lazuardi Irene Olivia Salim Jumsaddin Jumsaddin Karina, Devi Rizka Kodrat Wibowo Langgeng Bangkit Utomo Lincolin Arsyad M Dzaki Fahd Haekal Mahra Arari Heryanto Meita Ilyan Michel Kezia Yosephine Mohamad Fahmi Mohammad Naufal Faisal Sofyan Mohammad Zidan Fauzy Mohammad Zidan Fauzy Muhammad Jahyul Usrah Muhammad Reyhan Akbar Muhammad Ridho Firdaus Muhammad Syaiful Muhhamad Dzaki Fahd Naimmatul Khairat Nensi Khairunnisa10 Nisa Rahmah Fauziah Nugraha, Dani Nur, Yudha Hadian Nurul S. J. Paruta, Garan Pasaribu, Haposan Indra Wesly Patrisia Batti Permana Rosiyan, Muhammad Bayu Prastiwi, Yunita Enggar Putri, Dini Ajani Qisthio Wibiseno Qori’ah, Ribut Raden Muhammad Purnagunawan Rafa Fayza Afrizal Rahmawatin Rahmawatin Ramdani, Sandi Asep Rezkia, Reni Ricky Abdillah Riki Relaksana Riki Relaksana Rina Indiastuti Rizka Amalia Solecha Rizka Rachmawati Roseline, Herlina Rubianti Samsubar Saleh Sapulette, Militcyano Samuel Saputra, Erwin Aditya Sarah Annisa Noven Sarah Tresia Hendriani Sewaminggi, Ayuka Pradina Ashara Primadipta Silvia Risti Silvia Risti Silvitia Nindia Nurvia Siti Hudaepah Sivananda Prichantiyo Sofyan, Mohammad Naufal Faisal Sutyastie S. Remi Sutyastie S. Remi Sutyastie S. Remi Sutyastie Soemitro Remi Sutyastie Soemitro Remi Sutyastie Soemitro Remi, Sutyastie Soemitro Syafira Nur Lathifah Syofia Sofatunisa Ramdayani Teguh - Santoso Teguh Santoso Teguh Santoso Teguh Santoso Teguh Santoso Tommy Perdana Tresna Lisdiyanti Vita Nuraeiny Wawan Hermawan Wulan Agustina Triwardani Wulandari, Royani Yayuf Faridah Ibrahim Yudha Hadian Nur Yudha Hadian Nur Yustisi, Mira Janu Zahra Ikhlasni Zakia, Shifa Zuldi, Muhamad Hafiz