Document Type
Article
Abstract
This paper examines the effect of Indonesia’s dual monetary policy on income inequality. This issue of inequality in Indonesia remains significant, and failure to address it could lead to a major economic and social conflict. The studies of monetary policy on income inequality are still inconclusive. In Indonesia, there are limited literatures that show the effect of monetary policy on income inequality. This study shows that both monetary policies significantly affect income inequality in Indonesia where in the long run, Islamic monetary policy seems to not affecting the inequality. Hence, it can be concluded that the Islamic monetary system should be encourage to improve the inequality in Indonesia
Recommended Citation
Aji, Emira Arefa and Sukmana, Raditya
(2023)
"Dual Monetary Policy and Income Inequality in Indonesia,"
Bulletin of Monetary Economics and Banking: Vol. 26:
No.
3, Article 7.
DOI: https://doi.org/10.59091/2460-9196.2128
Available at:
https://bulletin.bmeb-bi.org/bmeb/vol26/iss3/7
First Page
539
Last Page
560
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Country
Indonesia
Affiliation
Uinversitas Airlangga
