Growth volatility in the inflation-targeting regime: Evidence from Indonesia
Low and stable inflation and exchange rates are the main objectives of inflation-targeting monetary policy. The internal and external stabilities are prerequisites for promoting economic growth. Using a two-stage GARCH, we investigated the effect of inflation instability and exchange rate unpredicta...
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Main Authors: | , , |
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Format: | Article |
Language: | English English |
Published: |
AIMS Press
2024
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Subjects: | |
Online Access: | https://eprints.ums.edu.my/id/eprint/39012/1/ABSTRACT.pdf https://eprints.ums.edu.my/id/eprint/39012/2/FULL%20TEXT.pdf https://eprints.ums.edu.my/id/eprint/39012/ https://doi.org/10.3934/QFE.2024009 |
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