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All Journal Indicators : Journal of Economic and Business
I'zzatus Salaamah
Universitas Diponegoro
Economics, Econometrics & Finance Environmental Science Social Sciences

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Analisis Netralitas Uang di Indonesia Tahun 1995.1 – 2017.2 I'zzatus Salaamah; Firmansyah Firmansyah
Journal of Economics and Business Vol 2, No 2 (2020): November
Publisher : Ikatan Sarjana Ekonomi Indonesia Cabang Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47729/indicators.v2i2.72

Abstract

This study aimed to analyze the effect of currency money, demand deposit money, and quasy money to price level and real output in Indonesia. This study uses time series data period 1995.1 – 2017.2. The analysis tools using Error Correction Model (ECM). The result of study showing there are any significant effect of changes currency money, and demand deposit money to price level and real output. On the other hand, changes in quasy money doesn’t have significant effect on real output. Separately, this showing if currency money and demand deposit are not neutral for real output and quasy money are neutral for real output. But, in general it can be concluded that neutrality of money is not applicable in Indonesia during the study period.
Co-Authors Firmansyah Firmansyah