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Dynamic Specification Applicable to The Indonesian Monetary Sector: A Review

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  • Insukindro

Abstract

Dalam mengalisa bekerjanya suatu Sistem Ekonomi, maka biasanya dibuat model teoritis yang merupakan penyederhanaan dari dunia nyata. Model ini biasanya dipengaruhi oleh tingkah laku dari pelaku Ekonomi, tingkat teknologi yang ada dan endowment yang dimiliki. Perumusan Model ini sering kali dilakukan melalui sekelompok persamaan dan kitidaksamaan ataupun identitas yang merupakan hubungan matematis Dalam kenyataan tidak mudah untuk membuat model, sebab model itu harus cukup lengkap untuk menjelaskan berbagai gerakan yang atau dalam perekonomian (variabel) juga tidak terlalu kompleks yang menyulitkan penanganannya. Dalam kaitan dengan perumusan matematis ini spesifikasi dinamp merupakan unsur yang penting dalam model dan analisa ekonomi. Walaupun untuk masalah ini beium ada cabang teori khusus. Tulisan ini mencoba melakukan review (tinjauan) atas berbagai rumusan spesifikasi dinamis yang ada dan mencoba menentukan model mana yang cocok untuk diterapkan di Indonesia. Tidak seperti beberapa penulis lain yang menggunakan partial adjustment model untuk menerangkan sector moneter Indonesia, penulis mencoba memberikan alternatif penggunaan Error Correction Approach sebagai penggantinya

Suggested Citation

  • Insukindro, 1989. "Dynamic Specification Applicable to The Indonesian Monetary Sector: A Review," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, vol. 37, pages 115-126, Maret.
  • Handle: RePEc:lpe:efijnl:198904
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    References listed on IDEAS

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    1. Bain, A D & McGregor, Peter G, 1985. "Buffer-Stock Monetarism and the Theory of Financial Buffers," The Manchester School of Economic & Social Studies, University of Manchester, vol. 53(4), pages 385-403, December.
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    Cited by:

    1. Insukindro, 1990. "The Monetary Sector in Indonesia : Time Series Properties of the Data and Some Issues of Model Specification," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, vol. 38, pages 161-172, Juni.

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    Keywords

    sistem; ekonomi; money; develope;
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