IDEAS home Printed from https://ideas.repec.org/a/idn/journl/v6y2003i3dp59-77.html
   My bibliography  Save this article

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
    as

    Download full text from publisher

    File URL: https://bulletin.bmeb-bi.org/cgi/viewcontent.cgi?article=1480&context=bmeb
    Download Restriction: no
    File URL: https://libkey.io/https://doi.org/10.21098/bemp.v6i3.331?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    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.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Palle S. Andersen, 1997. "Forecast errors and financial developments," BIS Working Papers 51, Bank for International Settlements.
    2. Ellis W. Tallman & Naveen Chandra, 1996. "The Information Content of Financial Aggregates in Australia," RBA Research Discussion Papers rdp9606, Reserve Bank of Australia.
    3. Maria Soledad Martinez Peria, 2002. "The Impact of Banking Crises on Money Demand and Price Stability," IMF Staff Papers, Palgrave Macmillan, vol. 49(3), pages 1-1.
    4. Ács, Attila, 2014. "Pénzintézeti mérlegadatok monetáris politikai újraértelmezése. A brókerkereskedő szervezetek reálgazdasági és likviditási jelentősége [Reconsidering the role of financial institutions balance sheet," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 166-192.
    5. Henry Muganza Ngongo, 2015. "Les indicateus avancés de l'inflation en RDCongo," Post-Print hal-01202369, HAL.
    6. Aksoy, Yunus & Piskorski, Tomasz, 2006. "U.S. domestic money, inflation and output," Journal of Monetary Economics, Elsevier, vol. 53(2), pages 183-197, March.
    7. Aksoy, Yunus & Piskorski, Tomasz, 2001. "Domestic money and US output and inflation," CFS Working Paper Series 2001/08, Center for Financial Studies (CFS).
    8. Akhand Akhtar Hossain, 2009. "Central Banking and Monetary Policy in the Asia-Pacific," Books, Edward Elgar Publishing, number 12777, March.
    9. J.M. Berk, 1998. "Monetary transmission: what do we know and how can we use it?," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 51(205), pages 145-170.
    10. Mwankemwa, Lusajo P. & Mlamka, Bonaventura, 2022. "Effects of Monetary Policy on Bank’s Credit Dynamics in Tanzania," African Journal of Economic Review, African Journal of Economic Review, vol. 10(2), March.
    11. Choi, Woon Gyu, 1999. "Estimating the Discount Rate Policy Reaction Function of the Monetary Authority," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 14(4), pages 379-401, July-Aug..
    12. Aksoy, Yunus & Piskorski, Tomasz, 2005. "US domestic currency in forecast error variance decompositions of inflation and output," Economics Letters, Elsevier, vol. 86(2), pages 265-271, February.
    13. Frederic S Mishkin, 1997. "Strategies for Controlling Inflation," RBA Annual Conference Volume (Discontinued), in: Philip Lowe (ed.),Monetary Policy and Inflation Targeting, Reserve Bank of Australia.
    14. J.M. Berk, 1998. "Monetary transmission: what do we know and how can we use it?," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 51(205), pages 145-170.
    15. Fatith Ozatay, 2002. "Effects of contemporaneous aggregation on the predictive power of information variables," Applied Economics Letters, Taylor & Francis Journals, vol. 9(5), pages 339-342.
    16. Qureshi, Irfan, 2016. "Monetarism, Indeterminacy and the Great Inflation," The Warwick Economics Research Paper Series (TWERPS) 1123, University of Warwick, Department of Economics.
    17. Binner, Jane & Elger, Thomas, 2002. "The UK Personal Sector Demand for Risky Money," Working Papers 2002:9, Lund University, Department of Economics.
    18. Henry Ngongo, 2015. "Les indicateus avanc\'es de l'inflation en RDCongo," Papers 1509.06504, arXiv.org.
    19. Onour, Ibrahim, 2015. "Modeling inflation dynamics in a conflict economy," MPRA Paper 63527, University Library of Munich, Germany.
    20. Simatele, Munacinga C H, 2004. "Financial sector reforms and monetary policy reforms in Zambia," MPRA Paper 21575, University Library of Munich, Germany.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:idn:journl:v:6:y:2003:i:3d:p:59-77. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lutzardo Tobing The email address of this maintainer does not seem to be valid anymore. Please ask Lutzardo Tobing to update the entry or send us the correct address or Jimmy Kathon (email available below). General contact details of provider: https://edirc.repec.org/data/bigovid.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.