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Indonesia's monetary policy dilemma : constraints of inflation targeting

Chowdhury, Anis; Siregar, Hermanto - Institut Pertanian Bogor; University of Western Sydney; … - 2004

with a lower inflation rate which conflicts with the need to maintain liquidity in a repressed economy. By examining the … inflation-growth relationship, this study examines whether there is any room for inflating the economy. This would ease the … stalled by prematurely tightening monetary policy. The study finds a two-way relationship between inflation and growth; but …

Persistent link: https://www.econbiz.de/10009482058

Monetary policy and poverty reduction

Chowdhury, Anis - University of Western Sydney; University of Western Sydney; … - 2005

poor more than the economic growth that accompanies inflation, simply because inflation reduces purchasing power. …

Persistent link: https://www.econbiz.de/10009481914

Fiscal policy with endogenous money and interest rate targeting

Hart, Neil - University of Western Sydney; University of Western Sydney; … - 2006

This paper presents a critique of the traditional textbook representation of fiscal policy, and highlights the misleading policy implications perpetuated by this analysis. In particular, the conclusion that fiscal deficits are likely to be associated with higher interest rates is disputed, as is...

Persistent link: https://www.econbiz.de/10009481936