The Effect of Reserve Requirement in Economy of Indonesia
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This book is a result of research that discusses the effect of reserve requirement on economic growth, Inflation, balance of payments and unemployment rate in 2000-2011 in Indonesia. This book tries to reveal whether there is an influence of monetary policy instruments on macroeconomic indicators in Indonesia. Some of the monetary policy instruments include Reserve Requirements (RR), the minimum amount of funds that must be maintained by banks where the amount is determined by Bank Indonesia at a certain percentage of third party funds. While third party funds which are loan to deposit ratio c...
This book is a result of research that discusses the effect of reserve requirement on economic growth, Inflation, balance of payments and unemployment rate in 2000-2011 in Indonesia. This book tries to reveal whether there is an influence of monetary policy instruments on macroeconomic indicators in Indonesia. Some of the monetary policy instruments include Reserve Requirements (RR), the minimum amount of funds that must be maintained by banks where the amount is determined by Bank Indonesia at a certain percentage of third party funds. While third party funds which are loan to deposit ratio can be defined as the loan to value to current account, term deposit, savings and third party funds. This ratio illustrates the extent to which savings are used for lending.The book is expected to be an input for the development of economics, specifically Monetary Economics and Macroeconomics. Specifically, in the form of developing dynamic models such as Structual Vector Auto Regression in studying and analyzing the impact of monetary policy on macroeconomic indicators
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