Forecasting Inflation in Indonesia

24 Pages Posted: 31 Jan 2006

See all articles by Uma Ramakrishnan

Uma Ramakrishnan

International Monetary Fund (IMF) - Policy Development and Review Department

Athanasios Vamvakidis

International Monetary Fund (IMF) - European Department

Date Written: June 2002

Abstract

A reliable inflation-forecasting model is central for a sound monetary policy framework. In this paper, we study the domestic and international transmission effects on inflation in Indonesia and analyze the possible leading indicators of inflation. We identify the exchange rate, foreign inflation, and monetary growth as the main variables with a significant predictive power for inflation in Indonesia.

Keywords: Indonesia, inflation forecasting

JEL Classification: C51, E31, E37

Suggested Citation

Ramakrishnan, Uma and Vamvakidis, Athanasios, Forecasting Inflation in Indonesia (June 2002). Available at SSRN: https://ssrn.com/abstract=879845 or http://dx.doi.org/10.2139/ssrn.879845

Uma Ramakrishnan (Contact Author)

International Monetary Fund (IMF) - Policy Development and Review Department ( email )

700 19th St. NW
Washington, DC 20431
United States

Athanasios Vamvakidis

International Monetary Fund (IMF) - European Department ( email )

700 19th Street NW
Washington, DC 20431
United States

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