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All Journal Signifikan : Jurnal Ilmu Ekonomi
Falikhakh Nur Baeti
Bogor Agricultural University
Economics, Econometrics & Finance

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Redenomination Policy and Economic Performance: Experimental and Historical Approach Falikhakh Nur Baeti; Bambang Juanda; Alla Asmara
Signifikan: Jurnal Ilmu Ekonomi Vol 7, No 2 (2018)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (455.569 KB) | DOI: 10.15408/sjie.v7i2.6568

Abstract

The discourse of redenomination policy has existed since 2010. This research analyzes impact of economic growth, type of goods, transitions period and redenomination stages towards economic performance which measured from the change in the price of transactions and the number of transactions. This research used primary data and secondary data; the primary data was collected through experimental economy. The percentage of the change in price of transactions after redenomination in low economic growth condition showed an increase, while in high economic growth condition showed a decrease. Secondary data was gathered to analyze the deciding factor in the success of redenomination through logistic analysis method. The result showed that the variable of economic growth, unemployment rate and the level of democratization in a country affect the success of the implementation of redenominationDOI:10.15408/sjie.v7i2.6568
Co-Authors Alla Asmara Bambang Juanda