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Identifikasi Variabel Informasi Dalam Framework Inflation Targeting

Author

Listed:
  • Juda Agung

    (Bank Indonesia)

  • Siti Astiyah

    (Bank Indonesia)

  • Elisabeth Sukowati

    (Bank Indonesia)

  • Nugroho J. Prastowo

    (Bank Indonesia)

  • M.Firdauz Muttaqin

    (Bank Indonesia)

  • Rifqi Ismal

    (Bank Indonesia)

Abstract

Inflation targeting (IT) secara implisit telah diterapkan di Indonesia sejak Bank Indonesia mengumumkan target inflasi secara transparan kepada publik di awal tahun 2000. Penerapan IT di Indonesia didasarkan pada beberapa pertimbangan (Alamsyah, et al, 2001). Pertama, dengan telah ditinggalkannya sistem nilai tukar sebagai nominal anchor, diperlukan adanya anchor alternatif yang kredibel. Kedua, penerapan inflation targeting merupakan konsekuensi dari independensi Bank Indonesia dalam menjalankan kebijakan moneter yang difokuskan pada pengendalian inflasi.

Suggested Citation

  • Juda Agung & Siti Astiyah & Elisabeth Sukowati & Nugroho J. Prastowo & M.Firdauz Muttaqin & Rifqi Ismal, 2003. "Identifikasi Variabel Informasi Dalam Framework Inflation Targeting," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 6(3), pages 59-77, December.
    • Handle: RePEc:idn:journl:v:6:y:2003:i:3d:p:59-77
    DOI: https://doi.org/10.21098/bemp.v6i3.331
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    References listed on IDEAS

    as
    1. Naveen Chandra & Ellis W. Tallman, 1997. "Financial aggregates as conditioning information for Australian output and inflation," FRB Atlanta Working Paper 97-8, Federal Reserve Bank of Atlanta.
    2. Benjamin M. Friedman, 1996. "The Rise and Fall of Money Growth Targets as Guidelines for U.S. Monetary Policy," NBER Working Papers 5465, National Bureau of Economic Research, Inc.
    3. Josef Baumgartner & Mr. Ramana Ramaswamy, 1996. "Inflation Targeting in the United Kingdom: Information Content of Financial and Monetary Variables," IMF Working Papers 1996/044, International Monetary Fund.
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