Perbandingan Peranan Jalur Nilai Tukar dan Suku Bunga Dalam Mekanisme Transmisi Kebijakan Moneter di Indonesia, Filipina, dan Thailand

S, ARIFIA MARSA (2018) Perbandingan Peranan Jalur Nilai Tukar dan Suku Bunga Dalam Mekanisme Transmisi Kebijakan Moneter di Indonesia, Filipina, dan Thailand. Other thesis, Universitas Sebelas Maret.

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    Abstract

    THE ROLE OF EXCHANGE RATES AND INTEREST RATES IN MONETARY TRANSMISSION OF INDONESIA, PHILIPINES, AND THAILAND Arifia Marsa Salsabila F0114016 The purpose of this research to knowing how the role channels of interest rate and exchange rate channels of monetary policy transmission mechanism in Indonesia, Philipines, and Thailand. The variable of this research are exchange rate (domestic currency), interest rate, and inflation. Analysis tools used in this research is Vector Error Correction Model (VECM) model and Impulse Response Function (IRF). This research used quarterly data start from 2006 until 2016. The result of Impulse Response Function shows that response inflation towards exchange rate shock is quiet strong in Thailand. While the response of inflation towards interest rate shock is quiet strong in Indonesia and Philipines. From the explanation about this research we can conclude that the role of interest rate channelsis effective in Indonesia and Philipines, meanwhile exchange rate channels of monetary policy transmission mechanism is effective in Thailand. Keywords: Interest Rate Channel. Exchange Rate Channel, Monetary Policy Transmission, Impulse Response, Function

    Item Type: Thesis (Other)
    Subjects: H Social Sciences > HB Economic Theory
    H Social Sciences > HG Finance
    Divisions: Fakultas Ekonomi dan Bisnis
    Fakultas Ekonomi dan Bisnis > Ekonomi Pembangunan
    Depositing User: Ratri Dwi Saputri
    Date Deposited: 03 Jun 2018 21:24
    Last Modified: 03 Jun 2018 21:24
    URI: https://eprints.uns.ac.id/id/eprint/41287

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