Article ID Journal Published Year Pages File Type
5087377 Journal of Asian Economics 2011 9 Pages PDF
Abstract
► We review the macroeconomic trilemma and international capital flows in Indonesia. ► We divide the period into two sub-periods. ► Higher domestic interest rate did not increase capital inflows after the Asian crisis. ► Fiscal policy may still be effective in an open capital market under floating exchange rate regime.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Trilemma and macroeconomic policies under different financial structures in Indonesia
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