EFEKTIFITAS KEBIJAKAN MONETER TERHADAP INFLASI DI INDONESIA
Abstract: The purpose
of this research
is to determine
the effect of
monetary policy through the
discount rate and
reserve requirement by
the Central Bank
as well as the
previous inflation towards
the inflation rate,
and to investigate
the effectiveness of monetary
policy through the
discount rate and
reserve requirement as
well as the previous inflation in influencing the
rate of inflation. The data that is used to determine the discount rate and
reserve requirements affect inflation in Indonesia is using multiple linear
regression model with the approach of the Partial Adjustment Model (PAM) and statistical (partial,
simultaneous tests and
the coefficient of
determination) as well
as classical assumption or
econometrics (test normality,
linearity, autocorrelation, multicolinearity and
heteroscedasticity). From these
results, it is
known that monetary policy from
the first quarter
1985 to first
quarter 2010 was
still less effective
direct influence on inflation,
this can be
known from a
partial test done
even though the relationship of monetary policy is consistent
with monetarist theory.
Keywords: inflation, discount
rate, reserve requirement
Penulis: Andi Rachman Setyawan
Kode Jurnal: jpakuntansidd1000011
