Analisis Pengaruh Narrow Money (M1) Dan Broad Money (M2) Terhadap Laju Inflasi Di Indonesia
Abstract
The abjective of this study is to analyze the effect of narrow money and broad money on inflation rate in Indonesia. Those economic indicators are chosen as we expect the results of this study will be the reference in making the monetary policy.
The data is the yearly data within 2003-2007, obtained from the annual report of Bank Indonesia. Data were analyzed using regression test. Independent variables used are narrow money and broad money, while the dependent variable is the rate of inflation in Indonesia.
The result of our research shows that the narrow money has significantly negative effect on inflation rate, while broad money has significantly positive effect on inflation rate.
Key Words : Narrow Money, Broad Money, and Inflation Rate
Downloads
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike International License (CC-BY-SA 4.0) that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.