Cover Image

Does Money Matter in Indonesia? Revisiting Divisia Money

In this study, we applied an ARIMA model of a long-run monetary neutrality test proposed by Fisher and Seater (1993) to empirically examine the monetary neutrality proposition in Indonesia using different definition of monetary aggregates for the period of 1981:Q1 to 2011:Q4. Both monetary aggregat...

Full description

Saved in:
Bibliographic Details
Main Authors: Puah, Chin Hong, Jean, Maggie Tang May, Shazali, Bin Abu Mansor, Brahmana, Rayenda Khresna
Format: E-Article
Language:English
Published: Academic Journals 2015
Subjects:
HG Finance
Online Access:http://ir.unimas.my/id/eprint/27413/1/Does%20Money%20Matter%20in%20Indonesia%20-%20Copy.pdf
http://ir.unimas.my/id/eprint/27413/
https://academicjournals.org/journal/JEIF#
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.unimas.ir.27413
record_format eprints
spelling my.unimas.ir.274132019-10-14T09:02:30Z http://ir.unimas.my/id/eprint/27413/ Does Money Matter in Indonesia? Revisiting Divisia Money Puah, Chin Hong Jean, Maggie Tang May Shazali, Bin Abu Mansor Brahmana, Rayenda Khresna HG Finance In this study, we applied an ARIMA model of a long-run monetary neutrality test proposed by Fisher and Seater (1993) to empirically examine the monetary neutrality proposition in Indonesia using different definition of monetary aggregates for the period of 1981:Q1 to 2011:Q4. Both monetary aggregates (simple-sum money and Divisia money) are found to be non-neutral, indicating that Divisia money can be considered to be used as a monetary policy variable in Indonesia. Academic Journals 2015 E-Article PeerReviewed text en http://ir.unimas.my/id/eprint/27413/1/Does%20Money%20Matter%20in%20Indonesia%20-%20Copy.pdf Puah, Chin Hong and Jean, Maggie Tang May and Shazali, Bin Abu Mansor and Brahmana, Rayenda Khresna (2015) Does Money Matter in Indonesia? Revisiting Divisia Money. Journal of International Finance and Economics, 15 (2). pp. 7-12. ISSN 1555-6336 https://academicjournals.org/journal/JEIF# DOI: 10.18374/JIFE-15-2.1
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic HG Finance
spellingShingle HG Finance
Puah, Chin Hong
Jean, Maggie Tang May
Shazali, Bin Abu Mansor
Brahmana, Rayenda Khresna
Does Money Matter in Indonesia? Revisiting Divisia Money
description In this study, we applied an ARIMA model of a long-run monetary neutrality test proposed by Fisher and Seater (1993) to empirically examine the monetary neutrality proposition in Indonesia using different definition of monetary aggregates for the period of 1981:Q1 to 2011:Q4. Both monetary aggregates (simple-sum money and Divisia money) are found to be non-neutral, indicating that Divisia money can be considered to be used as a monetary policy variable in Indonesia.
format E-Article
author Puah, Chin Hong
Jean, Maggie Tang May
Shazali, Bin Abu Mansor
Brahmana, Rayenda Khresna
author_facet Puah, Chin Hong
Jean, Maggie Tang May
Shazali, Bin Abu Mansor
Brahmana, Rayenda Khresna
author_sort Puah, Chin Hong
title Does Money Matter in Indonesia? Revisiting Divisia Money
title_short Does Money Matter in Indonesia? Revisiting Divisia Money
title_full Does Money Matter in Indonesia? Revisiting Divisia Money
title_fullStr Does Money Matter in Indonesia? Revisiting Divisia Money
title_full_unstemmed Does Money Matter in Indonesia? Revisiting Divisia Money
title_sort does money matter in indonesia? revisiting divisia money
publisher Academic Journals
publishDate 2015
url http://ir.unimas.my/id/eprint/27413/1/Does%20Money%20Matter%20in%20Indonesia%20-%20Copy.pdf
http://ir.unimas.my/id/eprint/27413/
https://academicjournals.org/journal/JEIF#
_version_ 1648742229723840512
score 13.211869

Similar Items