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The research and bank model developed in this paper for the case of Indonesia is motivated by the following: 1. A … recent change in banking regulations in Indonesia, like the statutory reserve requirement and full implementation of Basel II … behaviour in Indonesia; 3. A lack of policy simulation tools that can help with the analysis of banking policy in Indonesia. The …
Persistent link: https://www.econbiz.de/10010886598
The causality between energy consumption and real income in developed countries has been a very vital research topic in recent years. Raising concerns about climate change and global warming increase the pressure on policy makers to take action against energy depletion. Unfortunately these...
Persistent link: https://www.econbiz.de/10010886612
Indonesia’s economy is getting more integrated with the global economy. Potential impact of global economy shocks to … following large capital inflows poses a serious threat to Indonesia’s economy. Meanwhile, Indonesia’s own domestic concerns … concerns on external sector, Bank Indonesia’s FPAS needs to be equipped with macroeconomic model with a more complete features …
Persistent link: https://www.econbiz.de/10010886649
The standard vector error correction (VEC) model assumes the iid normal distribution of disturbance term in the model. This paper extends this assumption to include GARCH process. We call this model as VEC-GARCH model. However as the number of parameters in a VEC-GARCH model is large, the...
Persistent link: https://www.econbiz.de/10010886654
as Bank Indonesia’s Certificates (SBI) and Government’s Bonds (SBN). The main focus of the research is to understand the …
Persistent link: https://www.econbiz.de/10010887934
and occurred repeatedly in many countries since the era of modern banking. In the case of Indonesia, bank runs have also … Indonesia. The closure of 16 banks by the government on 1st November 1997 undermined customer confidence in their banks …
Persistent link: https://www.econbiz.de/10010902575
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Persistent link: https://www.econbiz.de/10010902595
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Persistent link: https://www.econbiz.de/10010902598
entrepreneurship depends on the quality of surrounding institutions: high quality institutions foster productive entrepreneurship … of institutions quality on productive entrepreneurship might be more ambiguous. Dreher and Gassebner (2013) observe that … if poor quality of institutions is detrimental to firms’ entry, this effect is nonetheless moderated in presence of …
Persistent link: https://www.econbiz.de/10010902605
leading media research said that currently, middle class in Indonesia is the third-largest in the world. There are about 74 … million middle classes in Indonesia, and this number will double by 2020. In the other hand, economic growth also creates a … problem of rising inequality. Inequality in Indonesia is worsened as the Gini index increasing from 0.308 in 1999 to 0,41 in …
Persistent link: https://www.econbiz.de/10010902611