印尼的经常账户余额是最优的吗?来自跨期方法的证据

Q2 Economics, Econometrics and Finance

Buletin Ekonomi Moneter dan Perbankan Pub Date : 2022-01-31 DOI:10.21098/bemp.v25i0.1843

Bhavesh Garg, K. Prabheesh

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引用次数: 1

摘要

本研究探讨印尼的经常帐(CA)余额是否具有跨期偿付能力。我们通过考虑危机后时期的数据并进行子样本分析，为印度尼西亚的CA赤字偿付能力提供了新的证据。我们的研究结果表明，印度尼西亚的CA没有偿付能力。我们注意到2008年全球金融危机前的过度借贷和危机后时期的过度借贷的证据。决策者需要把重点放在资本流动的构成和不稳定资本流动的管理上，因为阻止外国资本流入可能会阻碍经济增长。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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IS INDONESIA’S CURRENT ACCOUNT BALANCE OPTIMAL? EVIDENCE FROM AN INTERTEMPORAL APPROACH

This study investigates whether Indonesia’s Current Account (CA) balance is intertemporally solvent. We provide fresh evidence on Indonesia’s CA deficit solvency by considering post-crisis period data and conducting sub-sample analysis. Our findings suggest that Indonesia’s CA is not solvent. We notice evidence of excess lending prior to the global financial crisis of 2008 and excess borrowing in the postcrisis period. Policymakers need to focus on the composition of capital flows and management of volatile capital flows since discouraging foreign capital inflows may serve as a deterrent to economic growth.

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来源期刊

Buletin Ekonomi Moneter dan Perbankan Economics, Econometrics and Finance-Finance

CiteScore

2.20

自引率

0.00%

发文量

审稿时长

5 weeks