Monetary and Fiscal Policy on Inflation in Indonesia: Threshold Vector Autoregression Approach
The combination of monetary and fiscal policies is used to stabilize prices in Indonesia. The purpose of this study is to analyse the role of monetary and fiscal policies in stabilizing prices in Indonesia through the threshold concept. The data used is time series (2013Q1-2023Q2) with the Threshold...
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| Format: | Article |
| Language: | Indonesian |
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Universitas 17 Agustus 1945 (UNTAG) Semarang
2025-01-01
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| Series: | Media Ekonomi dan Manajemen |
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| Online Access: | https://jurnal.untagsmg.ac.id/index.php/fe/article/view/5014 |
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| author | Lilis Yuliati Badara Shofi Dana Ati Musaiyaroh |
| author_facet | Lilis Yuliati Badara Shofi Dana Ati Musaiyaroh |
| author_sort | Lilis Yuliati |
| collection | DOAJ |
| description | The combination of monetary and fiscal policies is used to stabilize prices in Indonesia. The purpose of this study is to analyse the role of monetary and fiscal policies in stabilizing prices in Indonesia through the threshold concept. The data used is time series (2013Q1-2023Q2) with the Threshold Vector Autoregression method. The results show that the interest rate and budget thresholds can affect inflation stability. Other variables, such as the exchange rate, output gap, and FFR, have varying effects depending on the threshold. Thus, combining adjustments in monetary and fiscal policies and understanding the impact of inflation at various policymakers can better manage economic growth and maintain price stability in the long term. |
| format | Article |
| id | doaj-art-f25b1cff099f49aaa8596649ad0204bd |
| institution | Kabale University |
| issn | 0854-1442 2503-4464 |
| language | Indonesian |
| publishDate | 2025-01-01 |
| publisher | Universitas 17 Agustus 1945 (UNTAG) Semarang |
| record_format | Article |
| series | Media Ekonomi dan Manajemen |
| spelling | doaj-art-f25b1cff099f49aaa8596649ad0204bd2025-01-20T07:46:15ZindUniversitas 17 Agustus 1945 (UNTAG) SemarangMedia Ekonomi dan Manajemen0854-14422503-44642025-01-0140111110.56444/mem.v40i1.50141982Monetary and Fiscal Policy on Inflation in Indonesia: Threshold Vector Autoregression ApproachLilis Yuliati0Badara Shofi Dana1Ati Musaiyaroh2Faculty of Economics and Business, University of JemberFaculty of Islamic Economics and Business, State Islamic University of Sayyid Ali Rahmatullah TulungagungFaculty of Economics and Business, Universitas Madani Indonesia, BlitarThe combination of monetary and fiscal policies is used to stabilize prices in Indonesia. The purpose of this study is to analyse the role of monetary and fiscal policies in stabilizing prices in Indonesia through the threshold concept. The data used is time series (2013Q1-2023Q2) with the Threshold Vector Autoregression method. The results show that the interest rate and budget thresholds can affect inflation stability. Other variables, such as the exchange rate, output gap, and FFR, have varying effects depending on the threshold. Thus, combining adjustments in monetary and fiscal policies and understanding the impact of inflation at various policymakers can better manage economic growth and maintain price stability in the long term.https://jurnal.untagsmg.ac.id/index.php/fe/article/view/5014inflationfiscal policymonetary policythreshold |
| spellingShingle | Lilis Yuliati Badara Shofi Dana Ati Musaiyaroh Monetary and Fiscal Policy on Inflation in Indonesia: Threshold Vector Autoregression Approach Media Ekonomi dan Manajemen inflation fiscal policy monetary policy threshold |
| title | Monetary and Fiscal Policy on Inflation in Indonesia: Threshold Vector Autoregression Approach |
| title_full | Monetary and Fiscal Policy on Inflation in Indonesia: Threshold Vector Autoregression Approach |
| title_fullStr | Monetary and Fiscal Policy on Inflation in Indonesia: Threshold Vector Autoregression Approach |
| title_full_unstemmed | Monetary and Fiscal Policy on Inflation in Indonesia: Threshold Vector Autoregression Approach |
| title_short | Monetary and Fiscal Policy on Inflation in Indonesia: Threshold Vector Autoregression Approach |
| title_sort | monetary and fiscal policy on inflation in indonesia threshold vector autoregression approach |
| topic | inflation fiscal policy monetary policy threshold |
| url | https://jurnal.untagsmg.ac.id/index.php/fe/article/view/5014 |
| work_keys_str_mv | AT lilisyuliati monetaryandfiscalpolicyoninflationinindonesiathresholdvectorautoregressionapproach AT badarashofidana monetaryandfiscalpolicyoninflationinindonesiathresholdvectorautoregressionapproach AT atimusaiyaroh monetaryandfiscalpolicyoninflationinindonesiathresholdvectorautoregressionapproach |