INTERNALISASI SEKTOR PERBANKAN DALAM MODEL DSGE

Authors

Harmanta Harmanta, Bank Indonesia, IndonesiaFollow
Nur M. Adhi Purwanto, Bank Indonesia, IndonesiaFollow
Fajar Oktiyanto Oktiyanto, Bank Indonesia, IndonesiaFollow

Document Type

Article

Abstract

We build DSGE model for small open economy with financial friction in the form of collateral constrain on banking sector, designed for Indonesian economy. The constructed model is capable to simulate the monetary policy (Bank Indonesia rate) and macroprudential policy (reserve requirement, capital adequacy ratio – CAR, and loan to value – LTV). By internalizing banking sector into the model, this model also enable us to simulate the impact of any shock originated from banking sector.

Recommended Citation

Harmanta, Harmanta; Purwanto, Nur M. Adhi; and Oktiyanto, Fajar Oktiyanto (2014) "INTERNALISASI SEKTOR PERBANKAN DALAM MODEL DSGE," Bulletin of Monetary Economics and Banking: Vol. 17: No. 1, Article 4.
DOI: https://doi.org/10.21098/bemp.v17i1.43
Available at: https://bulletin.bmeb-bi.org/bmeb/vol17/iss1/4

First Page

23

Last Page

60

Creative Commons License

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

Country

Indonesia

Affiliation

Bank Indonesia