Abstract:Developed countries adopted a Zero Lower Bound (ZLB) policy as an option to accelerate economic recovery. In this study, the authors aim to systematize and assess existing data to build simulations of ZLB implementation in Indonesia. The data use 12 indicators from 2017-2021. Data are analyzed using Autoregressive Distributed Lag Model (ARDL). The results of data processing show that there are an upward trend in 2022, especially for the inflation rate, consumer price index, capacity utilization, residential pr… Show more
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