Detail Monetary Policy and Trade Balance in Indonesia: Evidence from a Structural VAR Analysis (Economics and Finance in Indonesia, Vol.57 No.2, August 2009) Bibliografi Author: Lestano Topik: Monetary Policy; Exchange Rate; Trade Balance; Structural VAR; Indonesia Bahasa: (EN )     Penerbit: LPEM FE-UI     Tempat Terbit: Jakarta    Tahun Terbit: 2009     Jenis: Article - untuk jurnal ilmiah Fulltext: Monetary Policy and Trade Balance.pdf (2.24MB; 25 download) Abstract This paper investigates the response of the trade balance to monetary policy innovations for the Indonesia economy using a structural vector auto regressive (SVAR) model. We estimate three type of SVAR models using monthly data, that is, for full sample (1980:M1 until 2005:M3), pre-(1980:M1-1997:M6), and post-Asian crisis periods (1998:M1-2005:M3). The aim of splitting full sample size is to take into account a sensibility of structural break due to the onset of Asian financial crisis in 1997-1998. The dynamic properties of the model are discussed and monetary policy shocks identified by means of various impulse responses and a variance decomposition. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Lihat Sejarah Pengadaan  Konversi Metadata   Kembali

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