Open AccessDampak Ekspansi fiskal terhadap inflasi: Studi empiris dengan pendekatan error correction model
Author(s) -
Jaka Sriyana
Publication year - 2016
Publication title -
economic journal of emerging markets/economic journal of emerging markets
Language(s) - English
Resource type - Journals
eISSN - 2502-180X
pISSN - 2086-3128
DOI - 10.20885/ejem.v6i2.6992
Subject(s) - economics , inflation (cosmology) , government expenditure , deficit spending , inflation rate , error correction model , keynesian economics , monetary economics , macroeconomics , econometrics , interest rate , cointegration , physics , public finance , theoretical physics , debt
In fact, for the first of long-term development Indonesia has achieved successfully the high rate of economic growth. But, in this period a high rate of inflation occured. Since 1960 government has applied a deficit fiscal, in which total expenditure is over domestic income.