A hybrid model of new Keynesian Phillips Curve: An application in Indonesia
This study attempts to prove whether inflation dynamics in Indonesia can be explained by the hybrid model of New Keynesian Phillips Curve (NKPC). Output gap variable and dummy variable are also incorporated in this study as the external shock of the increase in fuel oil prices in 2004. By using a st...
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Format: | Article |
Language: | English |
Published: |
Pusat Penelitian dan Pengabdian Masyarakat Sekolah Tinggi Ilmu Ekonomi (PPPM STIE)
2015-12-01
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Series: | Journal of Economics, Business & Accountancy |
Subjects: | |
Online Access: | https://journal.perbanas.ac.id/index.php/jebav/article/view/502 |