Do oil price fluctuations affect the inflation rate in Indonesia asymmetrically?
Changes in the oil price directly affect production costs, and subsequently, the general price level of products. With Indonesia observing an inflation targeting policy, this study applies the nonlinear autoregressive distributed lag (NARDL) technique to investigate the effect of oil price fluctuati...
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| Main Authors: | , , |
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| Format: | Article |
| Published: |
World Scientific Publishing
2020
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| Online Access: | http://psasir.upm.edu.my/id/eprint/101007/ https://www.worldscientific.com/doi/10.1142/S0217590820460030#:~:text=More%20specifically%2C%20in%20the%20long,rate%20with%20a%20lower%20deviation. |
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