PENGARUH VOLATILITAS NILAI TUKAR TERHADAP PERTUMBUHAN EKONOMI INDONESIA

Authors

Sri Liani Suselo, Bank Indonesia, IndonesiaFollow
Hilde Dameria Sihaloho, Bank Indonesia, IndonesiaFollow
Tarsidin Tarsidin, Bank Indonesia, IndonesiaFollow

Document Type

Article

Abstract

This paper investigates the impact of the exchange rate volatility on the economic growth in Indonesia. The model applied considers both the aggregate demand and the aggregate supply interaction and the impact of the exchange rate volatility channeled through the investment and trade.The result shows the negative impact of the exchange rate volatility either in nominal or in real, on the economic growth. Both nominal and real exchange rate volatility dampens the investment. However, the nominal exchange rate volatility lowers import while the real one lowers export and at the other side boosts import.Keywords: Economic growth, exchange rate.JEL Classification: F31, O11, O40

Recommended Citation

Suselo, Sri Liani; Sihaloho, Hilde Dameria; and Tarsidin, Tarsidin (2008) "PENGARUH VOLATILITAS NILAI TUKAR TERHADAP PERTUMBUHAN EKONOMI INDONESIA," Bulletin of Monetary Economics and Banking: Vol. 10: No. 3, Article 3.
DOI: https://doi.org/10.21098/bemp.v10i3.225
Available at: https://bulletin.bmeb-bi.org/bmeb/vol10/iss3/3

First Page

181

Last Page

221

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License

Country

Indonesia

Affiliation

Bank Indonesia