Path: Top Journal Jurnal_Keuangan_dan_Perbankan 2014

Efektivitas jalur kredit dalam mekanisme transmisi kebijakan moneter di Indonesia

Jurnal Keuangan dan Perbankan: Volume 18, Nomor 1, Januari 2014
Journal from JIPTUNMERPP / 2017-07-24 13:46:16
Oleh : Regina Mayo ; Ghozali Maskie ; Devanto Shasta Pratomo, Diploma 3 of Banking and Finance Merdeka University Malang
Dibuat : 2014-01-01, dengan 0 file

Keyword : BI rate, credit, gross domestik product, inflation

Transmission mechanism of monetary policy had an important influence in determining the final target of monetary policy and also affected the business and economic activity with several channels namely interest rate, asset price channel, credit channel, exchange rate channel and expectations channel. The function of channel was as an intermediary of monetary policy that should be able to be influential for a long time, as well as to anticipate the imperfect information and the possibility of adverse selection and misappropriation. It was known as credit channel. The purpose of this research was explain which sector credit that contributed greatly to inflation. The analyze data, this research used VECM with two indicators namely impulse response function and variance decomposition to determine which sector credit was effective to explain inflation. The result showed several findings. Investment credit to trade, hotel and restaurant sector and working capital credit of mining and quarrying sector was effectively explaining inflation. The conclusion of this research was investment credit of trade, hotel and restaurant sector and working capital credit of mining and quarrying sector gave great contribution to inflation.

Deskripsi Alternatif :

Transmission mechanism of monetary policy had an important influence in determining the final target of monetary policy and also affected the business and economic activity with several channels namely interest rate, asset price channel, credit channel, exchange rate channel and expectations channel. The function of channel was as an intermediary of monetary policy that should be able to be influential for a long time, as well as to anticipate the imperfect information and the possibility of adverse selection and misappropriation. It was known as credit channel. The purpose of this research was explain which sector credit that contributed greatly to inflation. The analyze data, this research used VECM with two indicators namely impulse response function and variance decomposition to determine which sector credit was effective to explain inflation. The result showed several findings. Investment credit to trade, hotel and restaurant sector and working capital credit of mining and quarrying sector was effectively explaining inflation. The conclusion of this research was investment credit of trade, hotel and restaurant sector and working capital credit of mining and quarrying sector gave great contribution to inflation.

Beri Komentar ?#(0) | Bookmark

PropertiNilai Properti
ID PublisherJIPTUNMERPP
OrganisasiDiploma 3 of Banking and Finance Merdeka University Malang
Nama KontakDra. Wiwik Supriyanti, SS
AlamatJl. Terusan Halimun 11 B
KotaMalang
DaerahJawa Timur
NegaraIndonesia
Telepon0341-563504
Fax0341-563504
E-mail Administratorperpus@unmer.ac.id
E-mail CKOwsupriyanti@yahoo.com

Print ...

Kontributor...

  • Editor: Wiwik Supriyanti, Dra. SS.