JIET (Jurnal Ilmu Ekonomi Terapan)
Vol. 8 No. 2 (2023)

The Effectiveness of Monetary Transmission Through Interest Rate and Exchange Rate Channels on Indonesia's Inflation Rate

Setyawan, Anggie Bayu (Unknown)
Wasiaturrahma, Wasiaturrahma (Unknown)
Anwar, Anas Iswanto (Unknown)

Article Info

Publish Date
07 Dec 2023

Abstract

The purpose of this research is to determine the effectiveness of monetary transmission on inflation in Indonesia through the interest rate and the exchange rate channel over a period of 2015Q1-2022Q4. This research analysis approach uses the variance decomposition and Vector Error Correction Model (VECM) methods. Quantitative methods are utilized, and the estimation tool used is Eviews 12. The findings of the variance decomposition analysis in this research indicate that to reduce inflation in Indonesia, monetary transmission through exchange rates is more effective than through the interest rate channel.

Copyrights © 2023




Citation Download
RIS
EndNote, Reference Manager, ProCite
BibTex
Latex, Jabref
Original Source
Download Original
Google Scholar
Check in Google Scholar
Journal Info
JIET (Jurnal Ilmu Ekonomi Terapan)
Website

Abbrev

JIET

Publisher

Universitas Airlangga

Subject

Description

Jurnal Ekonomi Terapan (JIET) mengundang naskah dalam berbagai topik termasuk, tetapi tidak terbatas pada, kebijakan moneter, kebijakan fiskal, kebijakan dan keuangan internasional, kajian ekonomi gender, perlindungan sosial, ekonomi sumberdaya alam dan lingkungan, ekonomi ...