ANALISIS KEBIJAKAN MONETER DALAM MODEL MAKROEKONOMETRIK STRUKTURAL JANGKA PANJANG: STRUCTURAL COINTEGRATING VECTOR AUTOREGRESSION

Solikin Juhro

Bulletin of Monetary Economics and Banking, 2005, vol. 8, issue 2, 199-237

Abstract: The paper analyzes the monetary policy behavior by developing a long-run structural macroeconometric model; the Structural Cointegrating Vector Autoregression. The model is empirically proposed by Garratt et. al. (1998 and 1999) and adopted to suit the indonesian case. The result shows that the model perform well in explaining the monetary policy behavior in Indonesia. However, due to the limitation of data, and a re orientation of monetary policy, we should carefully examine and interpreting the magnitude of parameters used on the model

Keywords: Kebijakan Moneter di Indonesia; Model Makro Struktural Jangka Panjang; Structural Cointegration Vector Autoregression (VAR) (search for similar items in EconPapers)
JEL-codes: C32 C51 E52 E58 (search for similar items in EconPapers)
Date: 2005
References: Add references at CitEc
Citations:

Downloads: (external link)
https://bulletin.bmeb-bi.org/cgi/viewcontent.cgi?article=1445&context=bmeb (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:idn:journl:v:8:y:2005:i:2c:p:199-237

DOI: 10.21098/bemp.v8i2.134

Access Statistics for this article

Bulletin of Monetary Economics and Banking is currently edited by Paresh Narayan

More articles in Bulletin of Monetary Economics and Banking from Bank Indonesia Contact information at EDIRC.
Bibliographic data for series maintained by Lutzardo Tobing ( this e-mail address is bad, please contact ) and Jimmy Kathon ().