Consumer confidence and consumption expenditure in Indonesia

SM Juhro, BN Iyke - Economic Modelling, 2020 - Elsevier
We estimate several competing regressions and find that confidence predicts consumption
expenditure in Indonesia. Our estimations employ data on two measures of confidence …

The dynamics of global financial cycle and domestic economic cycles: Evidence from India and Indonesia

KP Prabheesh, R Anglingkusumo, SM Juhro - Economic Modelling, 2021 - Elsevier
This paper analyses the role of the global financial cycle in determining domestic economic
cycles, defined as business and credit cycle, of India and Indonesia, two key open lower …

[PDF][PDF] The role of central bank rate on credit gap in Indonesia: A smooth transition regression approach

I Suhendra, CJ Anwar - The Journal of Asian Finance, Economics …, 2021 - researchgate.net
This paper examines the effect of the interest rate set by Bank Indonesia on financial system
stability as measured by the credit gap in Indonesia for quarterly data for the period 1976 Q1 …

Covid-19 uncertainty and monetary policy responses: evidence from emerging market economies

KP Prabheesh, SM Juhro… - Bulletin of Monetary …, 2021 - bulletin.bmeb-bi.org
This paper examines the effectiveness of monetary policy transmission in emerging
economies during the COVID-19 outbreak. Using data from 14 emerging economies …

Did the policy responses influence credit and business cycle co-movement during the COVID-19 crisis? Evidence from Indonesia

KP Prabheesh, A Sasongko, F Indawan - Economic Analysis and Policy, 2023 - Elsevier
This paper examines the responses of credit and business cycle to various policy actions of
the Government of Indonesia during the COVID-19 crisis. Specifically, the paper addresses …

Demystifying COVID-19 policy actions: The case of inflation control in ASEAN

SAR Rizvi, SS Sharma, SM Juhro - Pacific-Basin Finance Journal, 2024 - Elsevier
In this paper, we study the impact of policy actions undertaken by governments and other
policy authorities during the COVID-19 pandemic on core inflation in four major economies …

The Impact of Interest Rate Spillover on Output Gap: A Dynamic Spatial Durbin Model

J Wuri, YR Hardanti, LB Harnoto, CWE Rahayu… - Economies, 2024 - mdpi.com
The recent multidimensional crisis has harmed the global economy because countries are
currently integrated. In this study, we examine the spillover effect of the United States (US) …

Interdependence between monetary policy and asset prices in ASEAN-5 countries

SM Juhro, BN Iyke, PK Narayan - Journal of International Financial Markets …, 2021 - Elsevier
In this paper, we investigate the interdependence between monetary policy and asset prices
in ASEAN-5 countries. Within country-specific models and proxying asset prices by the …

[PDF][PDF] Central banking practices in the digital era: Salient challenges, lessons, and implications

SM Juhro - Central Bank Policy Mix: Issues, Challenges, and …, 2022 - library.oapen.org
The complexity and uncertainty of issues faced by central banks have and will continue to
evolve in line with the advancement of digital technology. Navigating central banking …

Understanding monetary and fiscal policy rule interactions in Indonesia

SM Juhro, PK Narayan, BN Iyke - Applied Economics, 2022 - Taylor & Francis
We examine the interaction of monetary and fiscal policies in Indonesia from 1974Q2 to
2019Q1. Within a standard structural vector autoregression framework, we show that the …