Hossain, A. - In: International Journal of Applied Econometrics and … 2 (2005) 3, pp. 45-68
This paper uses annual data for the period 1952-2002 to investigate the inflationary process in Indonesia within the cointegration and Granger´s causality framework. The empirical results suggest that the consumer price index (CPI), the stock of narrow (M1) or broad money (M2) and real...