首页> 外文会议>Padang International Conference on Education, Economics, Business and Accounting >Analysis of the Monetary Transmission Mechanism Channels in Indonesia and Effect in Regional Economics North Sumatera: A Projection with Stochastis Simulation-VAR Model
【24h】

Analysis of the Monetary Transmission Mechanism Channels in Indonesia and Effect in Regional Economics North Sumatera: A Projection with Stochastis Simulation-VAR Model

机译:地区经济学中印度尼西亚货币传动机制通道的分析与北苏马特北部的效果:随着STOCASTIS仿真 - var模型的投影

获取原文

摘要

This paper analyses the monetary transmission mechanism in Indonesia. Transmission channels can be classified into five sections; namely interest rate channel; assets price channel; exchange rate channel; credit channel and expectation channel. It tries to answer to the question: how is the behavior and effectiveness of the exchange rate and interest rate channel of the monetary policy transmission mechanism in influencing on the performance of the regional economics north Sumatera. Time series analysis such as unit root test; VAR; impulse response function and variance decomposition; are used to estimate the influence of exchange rate and interest rate on the real economic activity. The results of econometric analysis with VAR model suggest that monetary policy in Indonesia had a significant influence on the real economic activity through the interest rate and exchange rate channel. The results represent that interest rate and exchange rate channel are effective in influencing on the performance of the Regional Economic North Sumatera. Moreover findings indicate that interest rate and exchange rate have any influence on the real economy activity.
机译:本文分析了印度尼西亚的货币传动机制。传输通道可以分为五个部分;即利率渠道;资产价格渠道;汇率通道;信用渠道和期望渠道。它试图回答问题:货币政策传输机制的汇率和利率渠道的行为和有效性如何影响区域经济学北苏马特区域经济学的绩效。单位序列分析如单位根测试; var;脉冲响应函数和方差分解;用于估计汇率和利率对实际经济活动的影响。 VAR模型的计量计量分析结果表明印度尼西亚的货币政策对通过利率和汇率渠道的实际经济活动产生了重大影响。结果表示利率和汇率渠道在影响区域经济北苏马特的表现方面是有效的。此外,调查结果表明,利率和汇率对实际经济活动有任何影响。

著录项

相似文献

  • 外文文献
  • 中文文献
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号