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We analyze how regional economic structures affect the impact of monetary policy on rates of inflation across 34 Indonesian provinces. The paper first applies structural factor augmented vector autoregressive model (SFAVAR) to all the 34 provinces based on monthly provincial data in order to...
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In this paper we review the literature on the impact that monetary policy has on growth and employment in developing … investment and technological change and hence on economic growth and on employment. There is very little research about the … direct links between monetary policy and employment. The impact of growth on employment depends on what are the main drivers …
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