Feridhanusetyawan, Tubagus; Damuri, Yose Rizal - Centre for Strategic and International Studies (CSIS) - 2004
in Indonesia. The model is a static-real sector model, so the focus of the simulation is on the declining investment and … the declining prices of non-traded goods during the crisis. The simulation is conducted by creating an exogenous shock on … risk premium in Indonesia, Thailand and Malaysia, which leads to smaller allocation of regional investment in these …