Growth volatility in the inflation-targeting regime: Evidence from Indonesia
Low and stable inflation and exchange rates are the main objectives of inflation-targeting monetary policy. The internal and external stabilities are prerequisites for promoting economic growth. Using a two-stage GARCH, we investigated the effect of inflation instability and exchange rate unpredicta...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English English |
| Published: |
AIMS Press
2024
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| Subjects: | |
| Online Access: | https://eprints.ums.edu.my/id/eprint/39012/1/ABSTRACT.pdf https://eprints.ums.edu.my/id/eprint/39012/2/FULL%20TEXT.pdf |