Open AccessKAUSALITAS SUKU BUNGA DOMESTIK DENGAN TINGKAT INFLASI DI INDONESIA
Author(s) -
Didit Purnomo
Publication year - 2017
Publication title -
jurnal ekonomi pembangunan/jurnal ekonomi pembangunan
Language(s) - English
Resource type - Journals
eISSN - 2460-9331
pISSN - 1411-6081
DOI - 10.23917/jep.v5i1.4031
Subject(s) - inflation (cosmology) , interest rate , causality (physics) , inflation rate , granger causality , economics , econometrics , monetary economics , physics , theoretical physics , quantum mechanics
This research discusses about the correlation pattern between inflation rate and interest rate, in other word this causality called inflation rate-interest rate causality. This research uses 1984-2001 data and we have conclude that interest rate have a significant effect to inflation rate. By using granger causality model, we could have a conclusion that the correlation pattern between interest rate and inflation rate in Indonesia is interest rate causes inflation.