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Mekanisme transmisi kebijakan moneter melalui jalur kredit perbankan di Indonesia pada tahun 1997:8 - 2003:12
Journal from JIPTUNMERPP / 2008-01-09 09:44:54
Oleh : Suripto, Diploma_3_of_Finance_and_Banking_-_Merdeka_Univers (suriptobantul@yahoo.com)
Dibuat : 2007-01-01, dengan file
Keyword : monetary transmission mechanism, credit of bank, real sector
This paper used vector autoregressions to examine the monetary transmission mechanism in Indonesia for 1997:8 - 2003:12. Continue monetary lead total lendinf variable to fall. These result were not suitable with theory, where monetary policy instrument (RPUAB) could not be used to influence total lending and toatl output in monetary and real sector. Analysis of impulse response showed that several variables (TD, TL, IHK, and DC) needed that long time (more than 20 months) to go back the first equilibrium after monetary policy shock.
Deskripsi Alternatif :This paper used vector autoregressions to examine the monetary transmission mechanism in Indonesia for 1997:8 - 2003:12. Continue monetary lead total lendinf variable to fall. These result were not suitable with theory, where monetary policy instrument (RPUAB) could not be used to influence total lending and toatl output in monetary and real sector. Analysis of impulse response showed that several variables (TD, TL, IHK, and DC) needed that long time (more than 20 months) to go back the first equilibrium after monetary policy shock.
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