Impact of Monetary Policy on Consumption and Investment in Indonesia
Abstract
Keywords
Full Text:
PDFReferences
Allen, F., & Gale, D. M. (2001). Comparative financial systems: A survey. In Center for Financial Institutions Working Papers (Issue April).
Auclert, A. (2017). Monetary policy and the redistribution channel. CEPWorking Paper, 2017/6, 1–106. https://doi.org/10.1257/aer.20160137
Bank Indonesia. (2020a). BI 7-Day (Reserve) Repo Rate. www.bi.go.id
Bank Indonesia. (2020b). Indonesian Financial Economic Statistics. Indonesian Financial Economic Statistics. www.bi.go.id
Bank Indonesia. (2020c). Monetary Policy Transmission. www.bi.go.id
Basuki, A. T., & Prawoto, N. (2019). Analisis Regresi dalam Penelitian Ekonomi dan Bisnis. In Analisis Regresi dalam Penelitian Ekonomi dan Bisnis (Ketiga). PT Rajagrafindo Persada.
Berg, K. A., Curtis, C. C., Lugauer, S., & Mark, N. C. (2019). Demographics and Monetary Policy Shocks. NBER Working Paper Series, 25970, 1–20. www.nber.org/papers/w25970
Bernanke, B. S. (1993). Credit in the Macroeconomy. Federal Reserve Bureau of New York Quarterly Review, Spring 199, 50–70. http://ideas.repec.org/a/fip/fednqr/y1993isprp50-70nv.18no.1.html
Bernanke, B. S., Gertler, M., & Gilchrist, S. (1996). The Financial Accelerator and the Flight to Quality The Review of Economics and Statistics. The Review of Economics and Statistics, 78(1), 1–15.
Cecchetti, S. G. (1995). Distinguishing theories of the monetary transmission mechanism. Review, May, 83–97. https://doi.org/10.2307/2314362
Cecchetti, S. G., & Krause, S. (2001). Financial structure, macroeconomic stability and monetary policy (Working Paper 8354). www.nber.org/papers/w8354
Gertler, M., & Gilchrist, S. (1994). Monetary policy, business cycles, and the behavior of small manufacturing firms. Quarterly Journal of Economics, 109(2), 309–340. https://doi.org/10.2307/2118465
Johansen, S. (1995). Identifying restrictions of linear equations with applications to simultaneous equations and cointegration. Journal of Econometrics, 69(1), 111–132. https://doi.org/10.1016/0304-4076(94)01664-L
Kashyap, A. K., & Stein, J. C. (1994). Monetary Policy and Bank Lending (A chapter in Monetary Policy). http://www.nber.org/chapters/c8334.pdf
Kashyap, A. K., & Stein, J. C. (1997). The role of banks in monetary policy: a survey with implications for the European Monetary Union. Economic Perspectives, Federal Reserve Bank of Chicago, 22(Sep), 2–18. http://www.chicagofed.org/digital_assets/publications/economic_perspectives/1997/epsepoct97a.pdf
Meh, C. A., & Terajima, Y. (2011). Inflation, nominal portfolios, and wealth redistribution in Canada. The Canadian Journal of Economics, 44(4), 1369–1402. http://www.jstor.org/stable/41336412
Purvis, D. D. (1992). Commentary in Monetary Seminar 90. Proceedings of a Conference Held by the Bank of Canada, May 1990, 455–459.
Riyanto, & Mulyono, S. (2019). Peramalan Bisnis dan Ekonometrika (Ketiga). Penerbit Mitra Wacana Media.
Sims, C. A. (1992). Interpreting the macroeconomic time series facts : The effects of monetary policy. European Economic Review, 36(5), 975–1000. https://cowles.yale.edu/sites/default/files/files/pub/d10/d1011.pdf
Sterk, V., & Tenreyro, S. (2015). The Transmission of Monetary Policy Through Redistributions and Durable Purchases (No. DP10785). https://ssrn.com/abstract=2652155
Taylor, J. B. (1995). The Monetary Transmission Mechanism: An Empirical Framework. Journal of Economic Perspectives, 9(4), 11–26. https://doi.org/10.1257/jep.9.4.11
Warjiyo, P. (2002). Overview Kebijakan Moneter dan Aktivitas Ekonomi. Buletin Ekonomi Moneter Dan Perbankan, 5(3), 3–8. https://doi.org/10.21098/bemp.v5i3.316
Warjiyo, P., & Juhro, S. M. (2019). Central Bank Policy: Theory and Practice. Emerald Publishing Limited.
Widarjono, A. (2018). Ekonometrika Pengantar dan Aplikasinya (Kelima). UPP STIM YKPN.
Wong, A. (2021). Refinancing and The Transmission of Monetary Policy to Consumption. R&R American Economic Review. https://static1.squarespace. com/static/576576adbe659449f97e0d35/t/5c92e982e5e5f0adbc943f1a/1553131909216/Paper_AERrevision1.pdf
DOI: http://dx.doi.org/10.17977/um002v14i22022p243
Refbacks
- There are currently no refbacks.
ISSN (Print) 2086-1575 ISSN (Online) 2502-7115
![Creative Commons License](https://i.creativecommons.org/l/by-nd/4.0/88x31.png)
This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.