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Yıl 2016, Cilt: 6 Sayı: 2, 266 - 272, 01.06.2016

Öz

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

Yıl 2016, Cilt: 6 Sayı: 2, 266 - 272, 01.06.2016

Öz

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

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Ayrıntılar

Diğer ID JA47RM55SD
Bölüm Araştırma Makalesi
Yazarlar

Pasrun Adam Bu kişi benim

Yayımlanma Tarihi 1 Haziran 2016
Yayımlandığı Sayı Yıl 2016 Cilt: 6 Sayı: 2

Kaynak Göster

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.
AMA Adam P. The Response of Bank of Indonesia’s Interest Rates to the Prices of World Crude Oil and Foreign Interest Rates. IJEEP. Haziran 2016;6(2):266-272.
Chicago 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, sy. 2 (Haziran 2016): 266-72.
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 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, 2016.
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 (Haziran 2016), 266-272.
JAMA 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, 2016, ss. 266-72.
Vancouver 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):266-72.