Conceptually and empirically, inflation volatility in Indonesia is a monetary and fiscal phenomenon. This study focuses … on the macroeconomic policy and public policy especially causality between two variables namely inflation and money … supply in Indonesia. This study uses Indonesian macroeconomic data of inflation and money supply from the Bank of Indonesia …

solutions such as the conservative central banker and optimal inflation contracts. Our theoretical model also shows how an … inflation targeting range should be set and how it should respond to changes in the nature of shocks to the economy …

solutions such as the conservative central banker and optimal inflation contracts. Our theoretical model also shows how an … inflation targeting range should be set and how it should respond to changes in the nature of shocks to the economy …