2020
DOI: 10.1016/j.jebo.2020.04.012
|View full text |Cite
|
Sign up to set email alerts
|

The central banks’ ability to control variability of money market interest rates: The case of inflation targeting countries

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1

Citation Types

0
2
0

Year Published

2021
2021
2022
2022

Publication Types

Select...
4
1

Relationship

0
5

Authors

Journals

citations
Cited by 5 publications
(2 citation statements)
references
References 25 publications
0
2
0
Order By: Relevance
“…While popular demand models such as the Trans log or Almost Ideal Demand System allow flexible price responses in a theoretically coherent structure, they have a linear Engel curve expenditure share in the logarithm of total expenditure. So that the Quadratic Almost Ideal Demand System is needed [18].…”
Section: Resultsmentioning
confidence: 99%
“…While popular demand models such as the Trans log or Almost Ideal Demand System allow flexible price responses in a theoretically coherent structure, they have a linear Engel curve expenditure share in the logarithm of total expenditure. So that the Quadratic Almost Ideal Demand System is needed [18].…”
Section: Resultsmentioning
confidence: 99%
“…To achieve this single goal, Bank Indonesia has an instrument in the form of BI Rate. Changes in central bank interest rate policies are often used to achieve inflation targets (Bruna and Tran 2020). However, in setting interest rates, Bank Indonesia must also pay attention not to be too high.…”
Section: Introductionmentioning
confidence: 99%