crisis is empirically examined. The standard model for themonetary analysis of inflation, i.e. the P-Star model by Hallman … long run dynamics of CPI inflation inIndonesia remarkably weIl. Hence, there is an empirical support for the assertion that … longrun CPI intlation in Indonesia is a monetary phenomenon. In addition, there is evidence of aco-breaking relationship …

The stability of the demand for real Ml in Indonesia is empirically examinedusing quarterly data between 1981 and 2002 … Indonesia is empirically stable and consists of a smallnumber of variables. In the long run, the real private household …

The stability of the demand for real M1 in Indonesia is empirically examined using quarterly data between 1981 and 2002 … Indonesia is empirically stable and consists of a small number of variables. In the long run, the real private household … spending in Indonesia during the Asian crisis …

Low and unresponsive inflation has been termed a “puzzle.” The paper describes a formula for which these conditions … variability of forward long-term inflation. Its U.S. inflation forecasts are comparable to recognized leaders in accuracy with … potential applicability to international economies as well.Inflation Elasticity, the responsiveness of inflation to monetary …