Mundell-Fleming Model: The Effectiveness of Indonesia’s Fiscal and Monetary Policies
<p><em>This study examines the fiscal and monetary policy in Indonesia using the Mundell-Fleming model. The main objective of this study was to determine which policies are effective between fiscal and monetary policies of the national income in Indonesia because Indonesia is a small ope...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Universitas Negeri Semarang
2017-03-01
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| Series: | JEJAK: Jurnal Ekonomi dan Kebijakan |
| Subjects: | |
| Online Access: | http://journal.unnes.ac.id/nju/index.php/jejak/article/view/9137 |
| _version_ | 1819207374793080832 |
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| author | Nurjannah Rahayu K Phany Ineke Putri |
| author_facet | Nurjannah Rahayu K Phany Ineke Putri |
| author_sort | Nurjannah Rahayu K |
| collection | DOAJ |
| description | <p><em>This study examines the fiscal and monetary policy in Indonesia using the Mundell-Fleming model. The main objective of this study was to determine which policies are effective between fiscal and monetary policies of the national income in Indonesia because Indonesia is a small open economy with not perfect capital mobility. The analysis technique used is Two Stage Least Square (TSLS) by using secondary data base on International Financial Statistics, 2000.I – 2014.II . The research result is monetary policy is more effective than the fiscal policy in which monetary policy multiplier at 0.0028 greater than fiscal policy multiplier 0.001316. The results are consistent with the theory of the Mundell-Fleming.</em><em></em></p> |
| first_indexed | 2024-12-23T05:22:29Z |
| format | Article |
| id | doaj.art-8ebacc042e1e4032bd43a034adf133f4 |
| institution | Directory Open Access Journal |
| issn | 2460-5123 |
| language | English |
| last_indexed | 2024-12-23T05:22:29Z |
| publishDate | 2017-03-01 |
| publisher | Universitas Negeri Semarang |
| record_format | Article |
| series | JEJAK: Jurnal Ekonomi dan Kebijakan |
| spelling | doaj.art-8ebacc042e1e4032bd43a034adf133f42022-12-21T17:58:40ZengUniversitas Negeri SemarangJEJAK: Jurnal Ekonomi dan Kebijakan2460-51232017-03-0110122323510.15294/jejak.v10i1.91375685Mundell-Fleming Model: The Effectiveness of Indonesia’s Fiscal and Monetary PoliciesNurjannah Rahayu K0Phany Ineke Putri1Semarang State UniversitySemarang State University<p><em>This study examines the fiscal and monetary policy in Indonesia using the Mundell-Fleming model. The main objective of this study was to determine which policies are effective between fiscal and monetary policies of the national income in Indonesia because Indonesia is a small open economy with not perfect capital mobility. The analysis technique used is Two Stage Least Square (TSLS) by using secondary data base on International Financial Statistics, 2000.I – 2014.II . The research result is monetary policy is more effective than the fiscal policy in which monetary policy multiplier at 0.0028 greater than fiscal policy multiplier 0.001316. The results are consistent with the theory of the Mundell-Fleming.</em><em></em></p>http://journal.unnes.ac.id/nju/index.php/jejak/article/view/9137Mundell Fleming, Efectivity, Monetary Policy, Fiscal Policy |
| spellingShingle | Nurjannah Rahayu K Phany Ineke Putri Mundell-Fleming Model: The Effectiveness of Indonesia’s Fiscal and Monetary Policies JEJAK: Jurnal Ekonomi dan Kebijakan Mundell Fleming, Efectivity, Monetary Policy, Fiscal Policy |
| title | Mundell-Fleming Model: The Effectiveness of Indonesia’s Fiscal and Monetary Policies |
| title_full | Mundell-Fleming Model: The Effectiveness of Indonesia’s Fiscal and Monetary Policies |
| title_fullStr | Mundell-Fleming Model: The Effectiveness of Indonesia’s Fiscal and Monetary Policies |
| title_full_unstemmed | Mundell-Fleming Model: The Effectiveness of Indonesia’s Fiscal and Monetary Policies |
| title_short | Mundell-Fleming Model: The Effectiveness of Indonesia’s Fiscal and Monetary Policies |
| title_sort | mundell fleming model the effectiveness of indonesia s fiscal and monetary policies |
| topic | Mundell Fleming, Efectivity, Monetary Policy, Fiscal Policy |
| url | http://journal.unnes.ac.id/nju/index.php/jejak/article/view/9137 |
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