Measurement of the efficiency of monetary policy

Since 2000, monetary policy in Indonesia started to use Inflation Targeting Framework (ITF). To evaluate the performance of the monetary policy, it requires efficiency indicators. The measurement of the efficiency of monetary policy is based on inflation and output variations. This paper formulates...

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Bibliographic Details
Main Authors: Eka Purwanda, Siti Herni Rochana
Format: Article
Language:English
Published: Universitas Islam Indonesia 2017-10-01
Series:Economic Journal of Emerging Markets
Subjects:
Online Access:http://uiistage.openjournaltheme.com/3310/index.php/JEP/article/view/8009