L2P UNIVERSITAS MUHAMMADIYAH PONOROGO
Universitas Muhammadiyah Ponorogo
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BULLETIN OF MONETARY ECONOMICS AND BANKING VOLUME 22, NUMBER 3, 2019
Bank Indonesia - Badan Organisasi;
Buletin · 2019
We investigate consumer price convergence for 82 Indonesian cities using monthly data from 2014 to 2019. To do so, we employ recent techniques of club convergence and weak sigma convergence. The results reveal, first, consumer price divergence, implying price rigidities across the cities. Second, we find four clubs, suggesting that Indonesian cities converge along four unique transition paths. Third, we find weak evidence of consumer price convergence, suggesting that prices among Indonesian cities adjust, but not freely. Policy should therefore consider unique convergence paths for each club to promote stronger consumer price convergence.
Penanda Bagikan
About this edition
Edisi: 3
ISBN/ISSN: 1410-8046
Page count: ii, 404 p, 125 cm.
Published: 2019
Format: text
Penerbit: Bank Indonesia
Bahasa: English
Tipe Isi: text
Tipe Media: -
Tipe Pembawa: -
Ketersediaan
#
Prodi Ekonomi Syariah (BI Corner)
330.021 BUL
B2521FAI
Tersedia namun tidak untuk dipinjamkan - No Loan
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