Acceso al sitio web del Consejo de Políticas de Infraestructura

   
Redirigiendo al acceso original de articulo en 24 segundos...
ARTÍCULO
TITULO

A hybrid model of new Keynesian Phillips Curve: An application in Indonesia

Aloysius Deno Hervino    

Resumen

This study attempts to prove whether inflation dynamics in Indonesia can be explained by the hybrid model of New Keynesian Phillips Curve (NKPC). Output gap variable and dummy variable are also incorporated in this study as the external shock of the increase in fuel oil prices in 2004. By using a steady state model, it can be concluded that inflation dynamics in Indonesia could be explained by the hybrid model of NKPC. The variable of forward looking has significant effect on inflation dynamics, but the variable of inflationary pressure (output gap) has no significant effect on inflation dynamics. In addition, the increase in fuel oil prices in 2004 also gives pressure on the inflation rate, but when interacting with the variable of inflation (backward and forward), it even reduces its pressure on the inflation rate.

PÁGINAS
pp. 311 - 316

 Artículos similares

       
 
Martin Krajcík, Du?ana Alshatti Schmidt and Matú? Baráth    
Employees? work environment has drastically shifted from offices to homes. Telework is often a desired employee benefit, but employers consider it a temporary setting. The lasting COVID-19 pandemic has changed the concept of telework. Home office has gai... ver más

 
Ashish Sedai, Rabin Dhakal, Shishir Gautam, Anibesh Dhamala, Argenis Bilbao, Qin Wang, Adam Wigington and Suhas Pol    
The Machine Learning/Deep Learning (ML/DL) forecasting model has helped stakeholders overcome uncertainties associated with renewable energy resources and time planning for probable near-term power fluctuations. Nevertheless, the effectiveness of long-te... ver más
Revista: Forecasting

 
Jones Luís Schaefer, Paulo Roberto Tardio, Ismael Cristofer Baierle and Elpidio Oscar Benitez Nara    
The adoption of models based on key performance indicators to diagnose and evaluate the competitiveness of companies has been presented as a trend in the operations? management. These models are structured with different variables in complex interrelatio... ver más

 
Mirza Sikalo, Almira Arnaut-Berilo and Adela Delalic    
Comparing portfolio performance is complex due to the fact that each model is dominant in its own risk space. Since there is no single dominant performance measure, the research problem is how to incorporate several different measures into a performance ... ver más

 
Amal Al Ali, Ahmed M. Khedr, Magdi El Bannany and Sakeena Kanakkayil    
Despite the obvious benefits and growing popularity of Machine Learning (ML) technology, there are still concerns regarding its ability to provide Financial Distress Prediction (FDP). An accurate FDP model is required to avoid financial risk at the lowes... ver más