The influence of oil prices on Indonesias exchange rate
Seema Wati Narayan, Telisa Falianty, Lutzardo Tobing (Bank Indonesia Insitute , 2019)
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ABSTRACT This study tests for a long-run relation between oil prices and the rupiah US dollar exchange rate. We discover, first, that the long-run cointegration relation between oil prices and the real exchange rate (RER) is sensitive to different exchange rate regimes in Indonesia. Second, we find a long-run cointegrating relation between oil prices and the RER over the float exchange rate regime. However, in the managed float period, there is no evidence of a long-run relation between oil prices and the RER. In the long run, higher oil prices lead to an appreciation of the rupiah against the US dollar in the float period (post-August 1997 period). We demonstrate that these results are robust to different data frequencies. |
| No. Panggil : | 332 BEMP 21:3 (2019) |
| Entri utama-Nama orang : | |
| Entri tambahan-Nama orang : | |
| Penerbitan : | Jakarta: Bank Indonesia Insitute , 2019 |
| Sumber Pengatalogan : | LibUI ind rda |
| ISSN : | 14108046 |
| Majalah/Jurnal : | Bulletin of Monetary Economics and Banking |
| Volume : | Vol. 21, No. 3, January 2019: Hal. 302 - 322 |
| Tipe Konten : | text |
| Tipe Media : | unmediated |
| Tipe Carrier : | volume |
| Akses Elektronik : | |
| Institusi Pemilik : | Universitas Indonesia |
| Lokasi : | Perpustakaan UI, Lantai 4, R. Koleksi Jurnal |
| No. Panggil | No. Barkod | Ketersediaan |
|---|---|---|
| 332 BEMP 21:3 (2019) | 03-19-859434883 | TERSEDIA |
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| Tidak ada ulasan pada koleksi ini: 20498150 |
