A SHARIA RETURN AS AN ALTERNATIVE INSTRUMENT FOR MONETARY POLICY
Rapid development in Islamic financial industry has not been supported by sharia monetary policy instruments. This study looks at the possibility of sharia returns as the instrument. Using both error correction model and vector error correction model to estimate the data from 2002(1) to 2010(12), th...
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Format: | Article |
Language: | English |
Published: |
Universitas Islam Indonesia
2011-09-01
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Series: | Economic Journal of Emerging Markets |
Online Access: | https://www.hmj.accounting.uii.ac.id/JEP/article/view/2323 |