MONEY DEMAND: A STUDY ON THE INDONESIAN INFLUENTIAL FACTORS

The role of money demand in monetary policy is indisputable. This study analyzes the determinants of Indonesian money demand. It uses Insukindro-Error Correction Model, based on Keynesian and Monetarist theories. It finds that model based on Monetarist theory is preferable. Estimation on the chosen...

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Bibliographic Details
Main Author: Nano Prawoto
Format: Article
Language:English
Published: Universitas Islam Indonesia 2011-09-01
Series:Economic Journal of Emerging Markets
Online Access:https://jurnal.uii.ac.id/JEP/article/view/2310