Hipotesis Ekspektasi Rasional Konsep Dasar, Urgensi, dan Relevansi Kebijakan

Irsan Azhary Saleh
Additional contact information
Irsan Azhary Saleh: Faculty of Economics Univercity of Indonesia

Economics and Finance in Indonesia, 1993, vol. 41, 163-198

Abstract: A number of ike key challenges of sustaining development are reflected in the current-issues that occupy macroeconomic policymakers in Indonesia. The relative high real interest rates which have been around for quite a while, their effect on private investment, and tensions in the financial system have raised concerns about the risks and uncertainties they pose to the sustainability of growth as well as to the stability of macroeconomic and financial environment. Keeping the economy on a sustainable growth path, however, will call for a coordinated use of fiscal and monetary, policies. The purpose of this paper Is to show that the efficacy of both fiscal and monetary policies, under certain circumstances, is affected largely by the way people form their expectations.

Keywords: financial; perekonomian; makroekonomi (search for similar items in EconPapers)
Date: 1993
References: Add references at CitEc
Citations:

Downloads: (external link)
https://lpem.org/repec/lpe/efijnl/199307.pdf (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:lpe:efijnl:199307

Access Statistics for this article

More articles in Economics and Finance in Indonesia from Faculty of Economics and Business, University of Indonesia Contact information at EDIRC.
Bibliographic data for series maintained by Muhammad Halley Yudhistira ( this e-mail address is bad, please contact ).