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Sumber Inflasi dan Kebijaksanaan Kontraktif di Indonesia

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  • Tulus Tambunan

    (Indonesia)

Abstract

Since the early 1990s the inflation rate in Indonesia has been nearly two digits. Some people or economic researchers believe that this is a sign of overheating economy. In other words, the high rate of inf.lation is caused mainly by an excess demand in the economy. While, some others state that this is a problem from the supply-side, or a reflection of high-cost economy. This paper is not going to draw again a new econonKtric test of inflation, since there are already some empirical studies on that matters. The main aim of this paper is to create a general discussion on this issue, namely whether the high inflation rate in Indonesia is a demand-side or a supply-side phenomenon?

Suggested Citation

  • Tulus Tambunan, 1996. "Sumber Inflasi dan Kebijaksanaan Kontraktif di Indonesia," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, vol. 44, pages 55-73, March.
    • Handle: RePEc:lpe:efijnl:199604
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