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All Journal JURNAL EKONOMI DAN KEBIJAKAN PEMBANGUNAN
Nur Siti Annazah
IPB University
Economics, Econometrics & Finance

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FAKTOR-FAKTOR YANG MEMENGARUHI KEBERHASILAN REDENOMINASI Nur Siti Annazah; Bambang Juanda; Sri Mulatsih
JURNAL EKONOMI DAN KEBIJAKAN PEMBANGUNAN Vol 6 No 2 (2017): Jurnal Ekonomi dan Kebijakan Pembangunan
Publisher : IPB University

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (743.268 KB) | DOI: 10.29244/jekp.6.2.2017.61-73

Abstract

Redenomination is a simplification of the nominal value of the currency by reducing digits (zeros) without reducing the real value of the currency. The research was done because of the theoretical and empirical results are still a debate about the impact of redenomination policy on the economic perspective. This is due to the redenomination policy in each country has a different effect depending on economic conditions when redenomination is applied. The purpose of this study was to analyze the factors that influence the success of the redenomination of a country. Data used in the form of secondary data, historical data of 32 countries that have conducted redenomination. The analysis used is multiple regression. The results showed the better the condition of economic growth when redenomination is applied, it will lower inflation one year after the redenomination. Keywords: Economic growth, Inflation, Redenomination, Regression
Co-Authors Bambang Juanda Sri Mulatsih