Artikel Jurnal :: Kembali

Artikel Jurnal :: Kembali

Understanding Indonesia's City-level consumer price formation: Implications for price stability

Paresh Kumar Narayan (Bank Indonesia Institute, 2019)


Using the Consumer Price Index (CPI) data of 82 Indonesian cities, we propose the hypothesis of heterogeneity in the cities’ contribution to the aggregate Indonesian CPI. Using a price discovery model fitted to monthly data, we discover that (1) of the 23 cities in the province of Sumatera, five contribute 44% and nine contribute 66.7% to price changes, and (2) of the 26 cities in Java, four alone contribute 41.6% to price changes. Even in smaller provinces, such as Bali and Nusa Tenggara, one city alone dominates the change in aggregate CPI. From these results, we draw implications for maintaining price stability.


Jenis Koleksi: Artikel Jurnal
No. Panggil : 332 BEMP 22:4 (2019)
Entri utama-Nama orang :
Subjek :
Penerbitan : Jakarta: Bank Indonesia Institute, 2019
Sumber PengataloganLibUI eng rda
Majalah/JurnalBulletin of Monetary Economics and Banking
VolumeVol. 22, No. 4, l.Deember 2019: Hal. 405-422
Tipe Konten text
Tipe Media unmediated
Tipe Carrier volume
Akses Elektronik
Institusi Pemilik Universitas Indonesia
Lokasi Perpustakaan UI, Lantai 4, R. Koleksi Jurnal
  • Ketersediaan
  • Ulasan
No. Panggil No. Barkod Ketersediaan
332 BEMP 22:4 (2019) 08-21-588272010 TERSEDIA
Tidak ada ulasan pada koleksi ini: 20512316