Exchange Rate Pass Through Viewed from Wholesale Price in Indonesia

Isnowati, Sri; Sugiyanto, FX; Kurnia, Akhmad Syakir; Tjahjaningsih, Endang

doi:10.14254/1800-5845/2020.16-3.11

Cited by 2 publications

(2 citation statements)

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“…It has been observed that cointegration analysis and Granger causality analysis are mostly used in empirical studies. (Elbadawi and Soto, 1994;Montiel, 1997;Cardenas, 1997;Aron et al 2000;McCarthy, 2007;Duma, 2008;Sek and Kapsalyamova, 2008;Dolores, 2009;Imam and Minoiu, 2011;An and Wang, 2012;Isnowati and Setiawan, 2017;Yenice and Yenisu, 2019).…”

Section: Literature Reviewmentioning

confidence: 99%

Türkiye'de Makroekonomik Faktörlerin Nominal Döviz Kuru Üzerindeki Doğrusal ve Doğrusal Olmayan Etkileri

DEMİRHAN,

GÖKSU

2023

Eskişehir Osmangazi Üniversitesi İktisadi Ve İdari Bilimler Dergisi

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This study examines the symmetrical and asymmetrical relationships between nominal exchange rates and some key macroeconomic indicators in Türkiye using ARDL and NARDL approaches. According to the findings, there is an asymmetric cointegration relationship between the variables, but this relationship is not symmetrical. Inflation is the most remarkable indicator of the exchange rate. While all variables have asymmetric effects in the long run, only exports have asymmetric effects in the short run. The effect of export increases on the exchange rate is more dominant than decreases. Positive shocks between Türkiye and the US interest rate decrease the nominal exchange rate. In general, the effects of positive shocks are more dominant than negative shocks.

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Section: Literature Reviewmentioning

confidence: 99%

Türkiye'de Makroekonomik Faktörlerin Nominal Döviz Kuru Üzerindeki Doğrusal ve Doğrusal Olmayan Etkileri

DEMİRHAN,

GÖKSU

2023

Eskişehir Osmangazi Üniversitesi İktisadi Ve İdari Bilimler Dergisi

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“…Operating within an open economic framework, Indonesia remains highly susceptible to fluctuations in exchange rates, with such movements exerting a profound influence on the nation's economic trajectory (Isnowati & Setiawan, 2017). The transition to a free-floating exchange rate system in 1997 marked a pivotal juncture in Indonesia's economic evolution, presenting both opportunities and challenges for its monetary and real sectors.…”

Section: Introductionmentioning

confidence: 99%

Factors of BPD Deposit Interest Rate, Government Bank Deposit Interest Rate, Inflation Rate, Economic Growth (GDP) and Money Supply to the Rupiah Exchange Rate per US dollar in Indonesia for the Period 2004 - 2021

Marlissa,

Riris Mamengko

2024

IJAFAP

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The study aims to analyze the effect of the BPD Deposit Interest Rate Factor, Government Bank Deposit Interest Rate, Inflation Rate, economic growth, and money supply affecting the exchange rate of the rupiah per US dollar in 2004-2021 partially and simultaneously. The research method uses secondary data in the form of panel data and cross section for 18 years (quarterly data on 26 provinces in Indonesia). Literature survey research from BI, BPD, and BPS Center. Quantitative analysis method using multiple linear regression analysis tools. The results showed that (1) partially, the interest rate factor of Government Bank deposits, the money supply has a positive but insignificant effect on the exchange rate of the rupiah per US dollar. Regional Development Bank deposit interest rates, inflation rates, and economic growth have a negative but significant effect on the exchange rate of the rupiah per US dollar; and (2) simultaneously, the factors of interest rates on deposits of BPD, interest rates on deposits of Government Banks, inflation rates, economic growth, money supply have a significant effect on the exchange rate of rupiah per US dollar. An increase in interest rates on deposits of Government Banks and money supply, a decrease in interest rates on deposits of BPD, inflation rates, and economic growth will increase the exchange rate of rupiah (depreciated).

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Exchange Rate Pass Through Viewed from Wholesale Price in Indonesia

Cited by 2 publications

References 0 publications

Türkiye'de Makroekonomik Faktörlerin Nominal Döviz Kuru Üzerindeki Doğrusal ve Doğrusal Olmayan Etkileri

Türkiye'de Makroekonomik Faktörlerin Nominal Döviz Kuru Üzerindeki Doğrusal ve Doğrusal Olmayan Etkileri

Factors of BPD Deposit Interest Rate, Government Bank Deposit Interest Rate, Inflation Rate, Economic Growth (GDP) and Money Supply to the Rupiah Exchange Rate per US dollar in Indonesia for the Period 2004 - 2021

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