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 d...
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| Автори: | , |
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| Формат: | Artigo |
| Мова: | Inglês |
| Опубліковано: |
Bank Indonesia
2022-11-01
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| Серія: | Buletin Ekonomi Moneter dan Perbankan |
| Предмети: | |
| Онлайн доступ: | https://www.bmeb-bi.org/index.php/BEMP/article/view/1648 |
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