INFLATION DYNAMICS IN INDONESIA: EQUILIBRIUM CORRECTION AND FORWARD-LOOKING PHILLIPS CURVE APPROACHES
A series of relatively high inflation characterize Indonesian economy, especially during the economic crisis. Economists generally agree that high inflation is one of the major economic problems. and that economic authorities need to cope with such a problem. Therefore, it is essential to understand...
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[Yogyakarta] : Universitas Gadjah Mada
2010
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| _version_ | 1797019840734560256 |
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| author | Perpustakaan UGM, i-lib |
| author_facet | Perpustakaan UGM, i-lib |
| author_sort | Perpustakaan UGM, i-lib |
| collection | UGM |
| description | A series of relatively high inflation characterize Indonesian economy, especially during the economic crisis. Economists generally agree that high inflation is one of the major economic problems. and that economic authorities need to cope with such a problem. Therefore, it is essential to understand the behavior
of inflation in Indonesia. The aim of this paper is to estimate the inflation dynamics in Indonesia using equilibrium correction and forward-looking Phillips Curve approaches. Previous empirical studies show that the equilibrium correction or backward-looking approach may explain the inflation dynamics in Indonesia. The backward-looking specification does not have
to be the proper model even if the fact shows that the specific |
| first_indexed | 2024-03-13T19:05:52Z |
| format | Article |
| id | oai:generic.eprints.org:28128 |
| institution | Universiti Gadjah Mada |
| last_indexed | 2024-03-13T19:05:52Z |
| publishDate | 2010 |
| publisher | [Yogyakarta] : Universitas Gadjah Mada |
| record_format | dspace |
| spelling | oai:generic.eprints.org:281282014-06-18T00:23:58Z https://repository.ugm.ac.id/28128/ INFLATION DYNAMICS IN INDONESIA: EQUILIBRIUM CORRECTION AND FORWARD-LOOKING PHILLIPS CURVE APPROACHES Perpustakaan UGM, i-lib Jurnal i-lib UGM A series of relatively high inflation characterize Indonesian economy, especially during the economic crisis. Economists generally agree that high inflation is one of the major economic problems. and that economic authorities need to cope with such a problem. Therefore, it is essential to understand the behavior of inflation in Indonesia. The aim of this paper is to estimate the inflation dynamics in Indonesia using equilibrium correction and forward-looking Phillips Curve approaches. Previous empirical studies show that the equilibrium correction or backward-looking approach may explain the inflation dynamics in Indonesia. The backward-looking specification does not have to be the proper model even if the fact shows that the specific [Yogyakarta] : Universitas Gadjah Mada 2010 Article NonPeerReviewed Perpustakaan UGM, i-lib (2010) INFLATION DYNAMICS IN INDONESIA: EQUILIBRIUM CORRECTION AND FORWARD-LOOKING PHILLIPS CURVE APPROACHES. Jurnal i-lib UGM. http://i-lib.ugm.ac.id/jurnal/download.php?dataId=11191 |
| spellingShingle | Jurnal i-lib UGM Perpustakaan UGM, i-lib INFLATION DYNAMICS IN INDONESIA: EQUILIBRIUM CORRECTION AND FORWARD-LOOKING PHILLIPS CURVE APPROACHES |
| title | INFLATION DYNAMICS IN INDONESIA: EQUILIBRIUM CORRECTION AND FORWARD-LOOKING PHILLIPS CURVE APPROACHES |
| title_full | INFLATION DYNAMICS IN INDONESIA: EQUILIBRIUM CORRECTION AND FORWARD-LOOKING PHILLIPS CURVE APPROACHES |
| title_fullStr | INFLATION DYNAMICS IN INDONESIA: EQUILIBRIUM CORRECTION AND FORWARD-LOOKING PHILLIPS CURVE APPROACHES |
| title_full_unstemmed | INFLATION DYNAMICS IN INDONESIA: EQUILIBRIUM CORRECTION AND FORWARD-LOOKING PHILLIPS CURVE APPROACHES |
| title_short | INFLATION DYNAMICS IN INDONESIA: EQUILIBRIUM CORRECTION AND FORWARD-LOOKING PHILLIPS CURVE APPROACHES |
| title_sort | inflation dynamics in indonesia equilibrium correction and forward looking phillips curve approaches |
| topic | Jurnal i-lib UGM |
| work_keys_str_mv | AT perpustakaanugmilib inflationdynamicsinindonesiaequilibriumcorrectionandforwardlookingphillipscurveapproaches |