Ilmi, Nurul (2008) LONG RUN MONEY NEUTRALITY : THE CASE OF INDONESIA. Other thesis, Fakultas Ekonomi.
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Abstract
This research study about Long-Run Neutrality of Money in the case of Indonesia. This thesis analyzes the long-run neutrality of money in Indonesia using vector auto-regression (VAR), in range 1990Q1-2009Q4. Variables used are Consumer Price Index (CPI) as inflation, M2 as money supply and Gross Domestic Product constant as output. The evidence suggests that M2 is not neutral with respect to real GDP because there is close relationship between them in long run. It means that, money neutrality is rejected in Indonesia. Because of that, any changes in money supply will make fluctuation to output.
Item Type: | Thesis (Other) |
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Subjects: | H Social Sciences > HB Economic Theory |
Unit atau Lembaga: | Fakultas Ekonomi > Ilmu Ekonomi |
Depositing User: | Haryoshi Utami |
Date Deposited: | 12 May 2011 08:58 |
Last Modified: | 04 Oct 2011 04:38 |
URI: | http://repository.unand.ac.id/id/eprint/13115 |
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