Indonesia and Thailand, two major open economies in Southeast Asia operating under managed-float exchange rate systems, have remained susceptible to both external and domestic shocks since the East-Asian financial crisis of the late 1990s. This paper investigates the transmission of external...

This paper undertakes an empirical investigation of factors that contributed to economic growth in Indonesia for the period 1966 to 2003. A Cobb-Douglas production function is estimated with a time trend to capture the rate of technological progress within a cointegral and error-correction...

This study analyses inflation, money supply and output growth in Indonesia during 1950-2002. We develop a monetary model of inflation and uses it as a theoretical basis for this study, by the estimation of the cointegration-and error-correction models of inflation

This paper investigates the inflation-hedging properties of three asset classes, namely common stocks, bonds and real estate, for thirty-one selected countries which are at different stages of development. Quarterly data for these countries over the period 1973-2017 are deployed for estimation...