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Syurkani, Inflation dynamics and monetary policy in Indonesia. PhD thesis, Victoria University. Since the last two decades, phd thesis on inflation targeting, many countries around the world have gone through a significant transformation in monetary policy.
Their central banks now set low and stable inflation as their ultimate target in the long run. The main components of the successful implementation of this inflation targeting are transparency and credibility, and their accomplishment will be judged by public in their expectations about future inflation. As a result, the central banks implement a set of modern monetary policy principles to improve their transparency and credibility, and one of those modern principles is the adoption of a monetary policy rule.
In this study, we attempt to investigate the conduct of monetary policy under an inflation targeting framework and explore the role of public inflation expectations in the monetary policy rule, phd thesis on inflation targeting. We develop an expectations-augmented Taylor rule model for monetary policy using public inflation expectations and core inflation data to replace the traditional output gap and phd thesis on inflation targeting inflation, respectively.
Search Google Scholar. Repository staff login. VU Home. VU Research Repository Find repository resources Search the VU Research Repository. Advanced Search. Inflation dynamics and monetary policy in Indonesia. pdf - Submitted Version 1MB Preview. Abstract Since the last two decades, many countries around the world have gone through a significant transformation in monetary policy.
CORE COnnecting REpositories. inflation dynamics, inflation, public inflation, inflation forecasting, inflation targeting, monetary policy, monetary policy rule, economic indicators, Bank Indonesia, Indonesia, Indonesian economy, central bank. View download statistics for this item.
Inflation Targeting
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