Dual Monetary System and Macroeconomic Performance in Indonesia
<p>This research aims to evaluate the impact of dual monetary policyshock on macroeconomic indicators of Indonesia: growth and inflation. Inaddition, this study will also examine whether conventional monetary policy hasa particular impact upon Islamic banking sector. This research apply VAR (v...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Syarif Hidayatullah State Islamic University of Jakarta
2016-02-01
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| Series: | Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah |
| Subjects: | |
| Online Access: | http://journal.uinjkt.ac.id/index.php/iqtishad/article/view/2509 |
| _version_ | 1819073689096814592 |
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| author | Sri Herianingrum Imronjana Syapriatama |
| author_facet | Sri Herianingrum Imronjana Syapriatama |
| author_sort | Sri Herianingrum |
| collection | DOAJ |
| description | <p>This research aims to evaluate the impact of dual monetary policyshock on macroeconomic indicators of Indonesia: growth and inflation. Inaddition, this study will also examine whether conventional monetary policy hasa particular impact upon Islamic banking sector. This research apply VAR (vectorauto regressive) method on monthly data from Bank Of Indonesia during theperiod of January 2010 to December 2013. The result of IRF explain that theinterest rate channel find the hard way to accomplished the macroeconomic goalswhile the Islamic monetary instrument indicates the potential growth of outputand hold the inflation low. The result of VDC describes that the Islamic instrumentstill affected by conventional monetary policy because of slow development inIslamic monetary system</p><p>DOI: <a href="http://dx.doi.org/10.15408/aiq.v8i1.2509">10.15408/aiq.v8i1.2509</a></p> |
| first_indexed | 2024-12-21T17:57:36Z |
| format | Article |
| id | doaj.art-e38b28fe052142f492d469d0f5ffe035 |
| institution | Directory Open Access Journal |
| issn | 2087-135X 2407-8654 |
| language | English |
| last_indexed | 2024-12-21T17:57:36Z |
| publishDate | 2016-02-01 |
| publisher | Syarif Hidayatullah State Islamic University of Jakarta |
| record_format | Article |
| series | Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah |
| spelling | doaj.art-e38b28fe052142f492d469d0f5ffe0352022-12-21T18:55:09ZengSyarif Hidayatullah State Islamic University of JakartaAl-Iqtishad: Jurnal Ilmu Ekonomi Syariah2087-135X2407-86542016-02-0181658010.15408/aiq.v8i1.25092019Dual Monetary System and Macroeconomic Performance in IndonesiaSri Herianingrum0Imronjana Syapriatama1Airlangga UniversityAirlangga University<p>This research aims to evaluate the impact of dual monetary policyshock on macroeconomic indicators of Indonesia: growth and inflation. Inaddition, this study will also examine whether conventional monetary policy hasa particular impact upon Islamic banking sector. This research apply VAR (vectorauto regressive) method on monthly data from Bank Of Indonesia during theperiod of January 2010 to December 2013. The result of IRF explain that theinterest rate channel find the hard way to accomplished the macroeconomic goalswhile the Islamic monetary instrument indicates the potential growth of outputand hold the inflation low. The result of VDC describes that the Islamic instrumentstill affected by conventional monetary policy because of slow development inIslamic monetary system</p><p>DOI: <a href="http://dx.doi.org/10.15408/aiq.v8i1.2509">10.15408/aiq.v8i1.2509</a></p>http://journal.uinjkt.ac.id/index.php/iqtishad/article/view/2509Dual monetary policyMacroeconomicsVAR |
| spellingShingle | Sri Herianingrum Imronjana Syapriatama Dual Monetary System and Macroeconomic Performance in Indonesia Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah Dual monetary policy Macroeconomics VAR |
| title | Dual Monetary System and Macroeconomic Performance in Indonesia |
| title_full | Dual Monetary System and Macroeconomic Performance in Indonesia |
| title_fullStr | Dual Monetary System and Macroeconomic Performance in Indonesia |
| title_full_unstemmed | Dual Monetary System and Macroeconomic Performance in Indonesia |
| title_short | Dual Monetary System and Macroeconomic Performance in Indonesia |
| title_sort | dual monetary system and macroeconomic performance in indonesia |
| topic | Dual monetary policy Macroeconomics VAR |
| url | http://journal.uinjkt.ac.id/index.php/iqtishad/article/view/2509 |
| work_keys_str_mv | AT sriherianingrum dualmonetarysystemandmacroeconomicperformanceinindonesia AT imronjanasyapriatama dualmonetarysystemandmacroeconomicperformanceinindonesia |