IMPACT OF SOME OVERSEAS MONETARY VARIABLES ON INDONESIA: SVAR APPROACH

  • Ahmad Subagyo STIE GICI BUSINESS SCHOOL, INDONESIA
  • Armanto Witjaksono STIE GICI BUSINESS SCHOOL, INDONESIA

Abstract

Tis study aims to investigate how the influence of monetary variables from abroad to Indonesia’s monetary conditions. Tis study uses exchange rate variables, interest rates of U.S. central banks, world oil prices and interest rates of Indonesian banks. Tis study proposes a short-term SVAR analysis using FEVD and IRF as an additional analysis tool. From the research done in the explanation that with SVAR model that in the proposal is less precise, the result for IRF and FEVD analysis can not be made as additional material of analysis tool from SVAR model which in proposal.

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Author Biography

Ahmad Subagyo, STIE GICI BUSINESS SCHOOL, INDONESIA


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Published
2018-01-05
How to Cite
SUBAGYO, Ahmad; WITJAKSONO, Armanto. IMPACT OF SOME OVERSEAS MONETARY VARIABLES ON INDONESIA: SVAR APPROACH. ECONOMICS - Innovation and economic research, [S.l.], v. 5, n. 2, p. 110-116, jan. 2018. ISSN 2303-5013. Available at: <http://economicsrs.com/index.php/economicus/article/view/120>. Date accessed: 21 apr. 2018. doi: https://doi.org/10.1515/eoik-2017-0027.
Section
Review report