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All Journal Jurnal Ekonomi Pembangunan JAM : Jurnal Aplikasi Manajemen Bisma The Journal of Counseling Jurnal Teknologi Jurnal Teknik Creative Research Management Journal Jurnal Ekonomi, Bisnis dan Manajemen
Hakim, Rachman
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Journal : Jurnal Ekonomi Pembangunan

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FULL-FLEDGED INFLATION TARGETING FRAMEWORK DAN PERSISTENSI INFLASI Hakim, Rachman
Jurnal Ekonomi Pembangunan Vol 13, No 2 (2015): Jurnal Ekonomi Pembangunan
Publisher : Pusat Pengkajian Ekonomi dan Kebijakan Publik

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (314.042 KB) | DOI: 10.22219/jep.v13i2.3896

Abstract

Setting the inflation rate may look simple but certainly not easy. This can be evidenced by frequent melencengnya inflation target has been set by Bank Indonesia. To overcome this, the 2004 Law No. 3 Article 7 were excluded, thus changing the policy framework of inflation targeting lite be a full-fledged inflation targeting. This means that Bank Indonesia will focus on regulating the rate of inflation only. The purpose of this study to determine whether the rate of inflation to be more easily controlled in the period of full-fledged inflation targeting. The method used is the autoregressive model estimation. The results showed that the application of full-fledged inflation targeting has not had a positive impact in regulating the rate of inflation. In the period 2005-2015, was inflation is still very difficult to control or tend to be persistent. Interestingly, this was due to the strong influence of the global economy on the Indonesian econom
Co-Authors Bustaram, Isnain Damawidjaya Biksono Dwi Retnoningsih Effiyaldi Furqon, Muhammad Amir Gazali Gazali Gazali Kusuma, Adriani Netrawati, Netrawati Nurul Hidayati Pawar, Avinash Pipatrapa, Anirut Piseno, Wirawan Risal, Zef Saefudin, Deny Bayu Syaifadi, Febryan Wahyu Hidayat Zainurrafiqi Zainurrafiqi Zainurrafiqi