The Response of Bank of Indonesia’s Interest Rates to the Prices of World Crude Oil and Foreign Interest Rates

Cilt: 6 Sayı: 2 1 Haziran 2016
  • Pasrun Adam
International Journal of Energy Economics and Policy Kapak
International Journal of Energy Economics and Policy
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The Response of Bank of Indonesia’s Interest Rates to the Prices of World Crude Oil and Foreign Interest Rates

Abstract

This research aimed to investigate the response of interest rates set by Bank of Indonesia to the prices of world crude oil and foreign interest rates. It analyzed monthly data which spanned from July 2005 to October 2015. The tool of analysis used was the difference equation model. Result of the test showed that there was a positive response of the interest rate determined by Bank of Indonesia to the price of world crude oil and foreign interest rates. The interest rates maintained by Bank of Indonesia increased (decreased) by 0.135% in response to each 1% increase (decrease) in the price of world crude oil. The interest rates also increased (decreased) by 0.081% in response to each 1% increase (decrease) in foreign interest rates

Keywords

Ayrıntılar

Birincil Dil

İngilizce

Konular

-

Bölüm

-

Yazarlar

Pasrun Adam Bu kişi benim

Yayımlanma Tarihi

1 Haziran 2016

Gönderilme Tarihi

1 Haziran 2016

Kabul Tarihi

-

Yayımlandığı Sayı

Yıl 2016 Cilt: 6 Sayı: 2

IZ

https://izlik.org/JA45JY48CZ

Kaynak Göster

RIS / Bibtex
APA
Adam, P. (2016). The Response of Bank of Indonesia’s Interest Rates to the Prices of World Crude Oil and Foreign Interest Rates. International Journal of Energy Economics and Policy, 6(2), 266-272. https://izlik.org/JA45JY48CZ
AMA
1.Adam P. The Response of Bank of Indonesia’s Interest Rates to the Prices of World Crude Oil and Foreign Interest Rates. IJEEP. 2016;6(2):266-272. https://izlik.org/JA45JY48CZ
Chicago
Adam, Pasrun. 2016. “The Response of Bank of Indonesia’s Interest Rates to the Prices of World Crude Oil and Foreign Interest Rates”. International Journal of Energy Economics and Policy 6 (2): 266-72. https://izlik.org/JA45JY48CZ.
EndNote
Adam P (01 Haziran 2016) The Response of Bank of Indonesia’s Interest Rates to the Prices of World Crude Oil and Foreign Interest Rates. International Journal of Energy Economics and Policy 6 2 266–272.
IEEE
[1]P. Adam, “The Response of Bank of Indonesia’s Interest Rates to the Prices of World Crude Oil and Foreign Interest Rates”, IJEEP, c. 6, sy 2, ss. 266–272, Haz. 2016, [çevrimiçi]. Erişim adresi: https://izlik.org/JA45JY48CZ
ISNAD
Adam, Pasrun. “The Response of Bank of Indonesia’s Interest Rates to the Prices of World Crude Oil and Foreign Interest Rates”. International Journal of Energy Economics and Policy 6/2 (01 Haziran 2016): 266-272. https://izlik.org/JA45JY48CZ.
JAMA
1.Adam P. The Response of Bank of Indonesia’s Interest Rates to the Prices of World Crude Oil and Foreign Interest Rates. IJEEP. 2016;6:266–272.
MLA
Adam, Pasrun. “The Response of Bank of Indonesia’s Interest Rates to the Prices of World Crude Oil and Foreign Interest Rates”. International Journal of Energy Economics and Policy, c. 6, sy 2, Haziran 2016, ss. 266-72, https://izlik.org/JA45JY48CZ.
Vancouver
1.Pasrun Adam. The Response of Bank of Indonesia’s Interest Rates to the Prices of World Crude Oil and Foreign Interest Rates. IJEEP [Internet]. 01 Haziran 2016;6(2):266-72. Erişim adresi: https://izlik.org/JA45JY48CZ