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Conceptually and empirically, inflation volatility in Indonesia is a monetary and fiscal phenomenon. This study focuses … supply in Indonesia. This study uses Indonesian macroeconomic data of inflation and money supply from the Bank of Indonesia … a one-way causality between inflation and money supply in Indonesia. These findings imply that money supply causes …
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Central banks define a monetary policy strategy in which they set out the instruments they use to achieve their monetary policy objectives as well as the incoming data they take into account when using these instruments. Independent central banks in particular are expected to provide a detailed...
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