货币政策冲击对产出缺口的非对称影响&来自印尼地区的证据

Q2 Economics, Econometrics and Finance
Sugeng Triwibowo, Defy Oktaviani
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引用次数: 0

摘要

我们研究了货币政策对印尼33个省的区域产出缺口的影响。利用向量自回归模型捕捉产出缺口对货币政策冲击的异质区域反应。此外,利用空间计量模型观察了不同省份间的特殊差异。空间分析表明,经济结构和金融深度正显著决定了上述不对称反应。另一方面,经济规模和贸易开放程度对其有负面影响。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
ASYMMETRIC IMPACTS OF MONETARY POLICY SHOCK ON OUTPUT GAP: EVIDENCE FROM REGIONS IN INDONESIA
We examine the impact of the monetary policy on regional output gaps across 33 Indonesian provinces. Heterogeneous regional responses of the output gap to monetary policy shock are captured using the Vector Autoregressive model. Moreover, the idiosyncratic variations across provinces accounted for different responses are observed with the spatial econometric model. The spatial analysis suggests that economic structure and financial depth positively and significantly determine the aforesaid asymmetric responses. On the other hand, economic size and trade openness have a negative impact on them.
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来源期刊
Buletin Ekonomi Moneter dan Perbankan
Buletin Ekonomi Moneter dan Perbankan Economics, Econometrics and Finance-Finance
CiteScore
2.20
自引率
0.00%
发文量
1
审稿时长
5 weeks
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