PENYESUAIAN NOMINAL DAN PENYESUAIAN RIIL PERMINTAAN UANG DI INDONESIA
Catur Sugiyanto(1*)
(1) Fakultas Ekonomi, Universitas Gadjah Mada
(*) Corresponding Author
Abstract
Berbagai studi tentang permintaan uang menunjukkan bahwa metode
penyesuaian uang yang dipegang oleh masyarakat tidak bisa digeneralisasi.
Sebelum melakukan estimasi terhadap model permintaan uang pada suatu
masyarakat, maka uji mengenai metode penyesuaian jumlah uang yang diminta
harus dilakukan terlebih dahulu. Selain itu, uji ini juga dapat digunakan untuk
mendeteksl apakah masyarakat terkena ilusi uang. Paper ini menunjukkan bahwa masyarakat melakukan penyesuaian atas jumlah uang (m1 dan m3) yang dipegang berdaarkan metode penyesuaian nominal, sedangkan penyesuaian jumlah uang (m2) yang dipegang dilakukan
menurut metode rill. Model yang dipergunakan dalam pengujian ini adalah model
koreksi kesalahan (Error Correction Model).
Full Text:
PDFReferences
Aghevli, B. B (1977): "Money, Prices and the Balance of Payments: Indonesia 1968-1973,"The Journal of Developments Studies vol. 13 hal 37-52. Catur Sugiyanto (1991): "Time Series Analysis of the Demand for Money in Indonesia from 1960 to 1990," Directed Research Project, Department of Economics, University of Alberta, Canada (Unpublished). ———— (1991): "Nominal vs Real Adjustment of the Demand for Money in Indonesia, Term paper Econ 599, Department of Economics, University of Alberta, Canada (Unpublished). Fair, R. C (1987): "International Evidence On The Demand For Money," The Review of Economics and Statistics Vol. LXIX No. 3 (Aug. 1987), hal. 473-480. Goldfeld, S. M and D. E Sichel (1987): "Money Demand: The Effects of Inflation and Alternative Adjust-ment Mechanism," The Review of Economics and Statistics vol. LXIX No. 3 (Aug. 1987) hal. 511- 515. Goldfeld, S. M and D. E Sichel (1990): "The Demand for Money," Handbook of Monetary Economics vol. I, Elsevier Science Publishers, B.V. Greene, William H (1990): "Econometric Analysis," Macmillan Publishing Company. Gupta, K.L. and B. Moazzami (1990): "Nominal vs real adjustment in demand for money functions," Applied Economics Vol. 22 (Jan. 1990) hal. 5-12. Hwang, Hae-Shin (1985): "Test of Adjustment Process and Linear Homogeneity in a Stock Adjustment Model of Money Demand," The Review of Economics and Statistics, LXVII Nov. No. 4. 10. Hendry, D and N. Erricsson (1991): "Econometric Analysis of U.K. Money Demand in Monetary Trends in the United States and the United Kingdom,"The American Economic Review, March vol. 81. No. 1. hal. 1-80. Kmenta, J. (1986): Elements of Econometrics, second edition, Mac-Millan Publishing Company. PLaidler, D.E.W. (1985): The Demand for Money, theories, evidences, and problems, third edition, Harper & Row, Publishers, New York. Nasution, A (1983): "Financial Institutions and Policies in Indonesia," Institute of Southeast Asian Studies, ISEAS. Rose, A. K (1985): "An Alternative Approach to the American Demand for Money," The Journal of Money, Credit and Banking, Vol. 17, No. 4. White, K J, S.D. Wong, D. Whistler, S.A. Haun (1990): Shazam User's Reference Manual, version 6.2, McGraw-Hill Book Company
Article Metrics
Abstract views : 1834
| 
views : 1149
Refbacks
- There are currently no refbacks.
Copyright (c) 1993 Jurnal Ekonomi dan Bisnis Indonesia (Journal of Indonesian Economy and Business)
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
| Journal of Indonesian Economy and Business |
| The Journal of Indonesian Economy and Business (print ISSN 2085-8272; online ISSN 2338-5847) is published by the Faculty of Economics and Business Universitas Gadjah Mada, Indonesia. The content of this website is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License |
| © 2019 Journal of Indonesian Economy and Business | Visitor Statistics |