Journal of Scientific Research, Education, and Technology
Vol. 2 No. 2 (2023): Vol. 2 No. 2 2023

Analysis of The Impact of Taylor's Monetary Policy Provisions on Indonesian Economic Growth

Anita Kusuma Dewi (Politeknik Negeri Lampung)

Article Info

Publish Date
19 Jun 2023

Abstract

Taylor's provisions use investment credit interest rates, inflation gaps and output gaps as variables. This study seeks to analyze how the Taylor Rules variable is applied when used in Indonesia, as well as to determine the impact on economic growth in Indonesia. The purpose of this study was to determine the effect of Taylor's monetary policy variables on Indonesia's economic growth. This research method uses primary data and uses the Vector Error Correction Model (VECM) method. The results of the study show that investment credit interest rates, inflation GAP, GDP GAP, inflation and GDP have an effect on economic growth.

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Journal Info
Journal of Scientific Research, Education, and Technology
Website

Abbrev

jrest

Publisher

Kirana Publisher

Subject

Computer Science & IT Economics, Econometrics & Finance Education Engineering Social Sciences

Description

FOCUS AND SCOPE JSRET (Journal of Scientific Research, Education, and Technology) encourages scientific and technological research, particularly with regard to Indonesia, but not just in terms of authorship or regional coverage of current issues. Scientists, instructors, senior researchers, project ...