ENDOGENEITY OF INDONESIAN MONEY SUPPLY

Article English OPEN
Rachma, Meutia Safrina (2011)
  • Publisher: Universitas Islam Indonesia
  • Journal: Economic Journal of Emerging Markets (issn: 2502-180X, eissn: 2086-3128)
  • Subject: HB71-74 | Economics as a science

There has been a long debate about the endogeneity of money supply. The main objective of this article is to identify whether money supply in Indonesia is an exogenous or an endogenous variable. Using a Vector Autoregressive model and monthly data 1997(5)-2010(6), the e... View more
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