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ANALISIS EMPIRIS EFEKTIVITAS MEKANISME TRANSMISI KEBIJAKAN MONETER DI INDONESIA MELALUI JALUR NILAI TUKAR PERIODE 1990:2–2007:1

JEP (Jurnal Ekonomi Pembangunan) · Vol. 7 No. 2 (2016) · pp. 76–94

DOI
10.57206/jep_uho.v7i2.6100
ISSN
2503-2089, 1979-231X
Published
2016-12-31
Publisher
Universitas Halu Oleo
Language
eng
License
creativecommons.org/licenses/by-sa/4.0

Abstract

The aim of this research is to analyze the effectiveness of monetary policy transmission mechanism in Indonesia through exchange rate channel on period 1990:2-2007:1. This research use time series secondary data take from BI, BPS and IFS from many publications. Analysis technique that used was properties of Vector Auto Regression (VAR) model: Impulse Response Function (IRF) and Variance Decomposition (VD) The result of this research indicated that transmission mechanism of monetary policy through exchange rate channel work effectively with time lag about 16 quarterly. Exchange rates variable in this channel can be experience final target (inflations) about 19.69 % and interest rates differential about 43.36%. The result of this research is useful for Government and Bank of Indonesia to formulate and implementations the monetary policy effectively. This study result also can be used as reference for the researchers that want to hold further research.

Keywords

Collaboration network of the authors

11 authors · 24 co-authorship links · 1 across different organisations

Hover or tap a name to highlight its co-authors. Double-click to open the author's page.

  • Universitas Halu Oleo
  • Universitas Muhammadiyah Parepare
  • Politeknik Pertanian Negeri Pangkajene Kepulauan
  • Affiliation unknown
  • Different organisations
  • Same organisation
  • Affiliation unknown
  • Thicker line = more joint articles · bigger circle = more articles
Show as table
Co-authorOrganisationJoint articles
La Ode GeoUniversitas Halu Oleo1
Herwan MalenggaAffiliation unknown1
Ilyas IlyasPoliteknik Pertanian Negeri Pangkajene Kepulauan1
Tajuddin TajuddinUniversitas Muhammadiyah Parepare1
Muh. SyarifAffiliation unknown1
Nur Asizah Nur AsizahAffiliation unknown1
Arifuddin ArifuddinAffiliation unknown1
Komang Ayi SukmaAffiliation unknown1
Erwin Azizi JayadiprajaAffiliation unknown1
Timbul SupodoAffiliation unknown1

Affiliations come from OpenAlex; journal OAI-PMH metadata carries none. Authors without an OpenAlex ID are matched by name, which can merge or split people.

Metadata source: OAI-PMH (metadata jurnal) https://ojs.uho.ac.id/index.php/JEP/oai, first harvested 30 Oct 2026, last seen 8 Nov 2026.
Original metadata (oai_dc) 
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	<dc:title xml:lang="en-US">ANALISIS EMPIRIS EFEKTIVITAS MEKANISME TRANSMISI KEBIJAKAN MONETER DI INDONESIA MELALUI JALUR  NILAI TUKAR PERIODE 1990:2–2007:1</dc:title>
	<dc:creator>Natsir, Muh</dc:creator>
	<dc:subject xml:lang="en-US">Economics</dc:subject>
	<dc:subject xml:lang="en-US">effectiveness, transmission mechanism and monetary policy</dc:subject>
	<dc:subject xml:lang="en-US">B17; E52; R15; G15</dc:subject>
	<dc:description xml:lang="en-US">The aim of this research is to analyze the effectiveness of monetary policy transmission mechanism in Indonesia through exchange rate channel on period 1990:2-2007:1. This research use time series secondary data take from BI, BPS and IFS from many publications. Analysis technique that used was properties of Vector Auto Regression (VAR) model: Impulse Response Function (IRF) and Variance Decomposition (VD) The result of this research indicated that transmission mechanism of monetary policy through exchange rate channel work effectively with time lag about 16 quarterly. Exchange rates variable in this channel can be experience final target (inflations) about 19.69 % and interest rates differential about 43.36%. The result of this research is useful for Government and Bank of Indonesia to formulate and implementations the monetary policy effectively. This study result also can be used as reference for the researchers that want to hold further research.</dc:description>
	<dc:publisher xml:lang="en-US">Universitas Halu Oleo</dc:publisher>
	<dc:contributor xml:lang="en-US"></dc:contributor>
	<dc:date>2016-12-31</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:type xml:lang="en-US"></dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://ojs.uho.ac.id/index.php/JEP/article/view/6100</dc:identifier>
	<dc:identifier>10.57206/jep_uho.v7i2.6100</dc:identifier>
	<dc:identifier>urn:nbn:de:10.57206jep_uho.v7i2.61008</dc:identifier>
	<dc:source xml:lang="en-US">JEP (Jurnal Ekonomi Pembangunan); Vol 7, No 2 (2017): JEP (Jurnal Ekonomi Pembangunan); 76-94</dc:source>
	<dc:source>2503-2089</dc:source>
	<dc:source>1979-231X</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://ojs.uho.ac.id/index.php/JEP/article/view/6100/4482</dc:relation>
	<dc:rights xml:lang="en-US">Copyright (c) 2019 Muh Natsir</dc:rights>
	<dc:rights xml:lang="en-US">http://creativecommons.org/licenses/by-sa/4.0</dc:rights>
</oai_dc:dc>