Inflasi Makanan dan Implikasinya terhadap Kebijakan Moneter di Indonesia

Rulyusa Pratikto, Mohamad Ikhsan

Research output: Contribution to journalArticlepeer-review

Abstract

Food Inflation and Monetary Policy Implication in IndonesiaControlling food inflation in Indonesia is essential mainly caused by its persistent and relatively significant impact on the poor’s purchasing power compare to other commodities. Thus, the main purpose of this study is to determine the effectiveness of monetary policy on food inflation stabilization in Indonesia. By utilizing Structural Vector Autoregression, the empirical results provided here show that monetary policy does eectively prevent the spillover effect of food to non-food inflation. In addition to that, the exchange rate may play some role in the longer period to affect the volatility of food inflation.
Original languageIndonesian
Pages (from-to)58-74
JournalJurnal Ekonomi dan Pembangunan Indonesia
Volume17
Issue number1
DOIs
Publication statusPublished - 2016

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