Efficient: Indonesian Journal of Development Economics
Vol. 8 No. 3 (2025)

Dynamics of Monetary Freedom, Labour, and FDI in Indonesia: A VECM Analysis

Komarlina, Dwi Hastuti Lestari (Unknown)
Susilo, Ignatia Bintang Filia Dei (Unknown)
Ramadhan, Rifky Wahyu (Unknown)
Hamzah, Risna Amalia (Unknown)
Bayanudin, Rahma Putri (Unknown)
Fatin, Sausan (Unknown)



Article Info

Publish Date
04 Dec 2025

Abstract

The research outlined here was directed by the Vector Error Correction Model (VECM) in its investigation of the connection between monetary freedom, labor market, and foreign direct investment in Indonesia. Historical time series data have been used in the model and diagnostic tests employed to ensure the validity and reliability of the results. The cointegration test confirms the cointegration of all variables which reflects the presence of linkages both in the short run and long run. This research contributes to the understanding of monetary freedom, labor market dynamics, and foreign direct investment in Indonesia through a better comprehension of their economic interrelationships.

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Journal Info

Abbrev

efficient

Publisher

Subject

Economics, Econometrics & Finance

Description

Efficient Journal is a journal base on the economics and development studies. This journal publishes a research paper related to specific themes such as macro economics, small and medium enterprises, public policy, monetary economics, development studies, international economics, trade economics, ...