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view). Using weekly data from Indonesia, South Korea and Thailand from 1997:07 to 1998:12, we find that there is no …
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This paper estimates a business cycle model with endogenous firm entry by matching impulse responses to a monetary policy shock in US data. Our VAR includes net business formation, profits and markups. We evaluate two channels through which entry may influence the monetary transmission process....
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output in Indonesia. Having incorporated a possible structural break following the aftermath of the 1997-98 Asian Crisis, the …
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output in Indonesia. Having incorporated a possible structural break following the aftermath of the 1997-98 Asian Crisis, the …
Persistent link: https://www.econbiz.de/10013125066
This study examines the various channels of monetary policy transmission mechanism in Indonesia. The interest rate …
Persistent link: https://www.econbiz.de/10012907783
issue in the context of an emerging economy experience of Indonesia, which in recent years, has seen an increased reliance … and lending rates in Indonesia over the period October 2011 to July 2016. We find that including non-core liabilities in … make the duration lengthier for the monetary policy rate to transmit to bank lending rates in Indonesia …
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findings imply economic structures of provinces have to be incorporated to designing monetary policy in Indonesia. …
Persistent link: https://www.econbiz.de/10012804015