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Indonesia piloted a Crisis Monitoring and Response System (CMRS). The CMRS experience provides valuable inputs for the design of … inputs to a discussion within Government of Indonesia agencies, and between the Government and other interested parties (such …
Persistent link: https://www.econbiz.de/10012557899
Persistent link: https://www.econbiz.de/10011956415
emerging economies such as Indonesia …
Persistent link: https://www.econbiz.de/10012948557
fluctuations in Indonesia, using an estimated Dynamic Stochastic General Equilibrium (DSGE) model. The paper finds that these … adjustments or shocks play a non-trivial role in the fluctuations of inflation and nominal interest rate in Indonesia. Output … fluctuations, however, are virtually unaffected. A counterfactual exercise shows that a gradual reduction in Bank Indonesia …
Persistent link: https://www.econbiz.de/10012915579
Indonesia and Thailand, two major open economies in Southeast Asia operating under managed-float exchange rate systems … volatility. The empirical results suggest that in both Indonesia and Thailand, inflation and inflation volatility are more … developing countries. The empirical results highlight the implications for economic theory and policy measures. In Indonesia and …
Persistent link: https://www.econbiz.de/10012863142
macroeconomic fluctuations in Vietnam, and then make comparison to Indonesia and the Philippines. In the first task, the business … persistence in Philippines and Indonesia. In order to identify the sources of macroeconomic fluctuations, the study adopts the … Philippines and Indonesia where IS shocks play an important role; (iii) The fluctuations of real exchange rate are mainly driven …
Persistent link: https://www.econbiz.de/10014144291
This paper investigates the extent to which output has recovered from the Asian crisis. A regime-switching approach that introduces two state variables is used to decompose recessions in a set of six Asian countries into permanent and transitory components. While growth recovered fairly quickly...
Persistent link: https://www.econbiz.de/10014073466
This study examines bank-lending channel over the business cycle for Indonesian dual banking system by ascertaining to what extent Islamic banks have a role in the credit smoothing. In this context, we utilize Indonesian dual banking system unbalanced panel data for the period 2001-2015. By...
Persistent link: https://www.econbiz.de/10014110856
additional dimension by comparing the excess leverage between Islamic and conventional banks in Indonesia before, during, and … in Indonesia. Results show that all banks became vulnerable to the GFC in 2007-2009 while credit build-up, i …
Persistent link: https://www.econbiz.de/10013369623
Persistent link: https://www.econbiz.de/10013334179