THE ROLE OF MACROPRUDENTIAL POLICY TO MANAGE EXCHANGE RATE VOLATILITY, EXCESS BANKING LIQUIDITY, AND CREDITS

THE ROLE OF MACROPRUDENTIAL POLICY TO MANAGE EXCHANGE RATE VOLATILITY, EXCESS BANKING LIQUIDITY, AND CREDITS

This paper analyzes the macroprudential policy by the central bank to maintain the financial system stability. Using panel data of the government banks, foreign, private, joint venture, and regional development banks during 2004- 2012, we employ Vector Autoregressive Exogenous (VARX) and event analy...

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Bibliographic Details
Main Authors: Muhammad Edhie Purnawan, M. Abd. Nasir
Format: Article
Language:Indonesian
Published: Bank Indonesia 2015-11-01
Series:Bulletin Ekonomi Moneter dan Perbankan
Subjects:
macroprudential policy
VARX
event analysis
holding period
net open position
reserve requirement
banking
Online Access:https://www.bmeb-bi.org/index.php/BEMP/article/view/511

Internet

https://www.bmeb-bi.org/index.php/BEMP/article/view/511

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