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Hasil Pencarian

Ditemukan 2 dokumen yang sesuai dengan query
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Bhushan, Praveen Jangam
Do Prices Converge Among Indonesian Cities? An Empirical Analysis
" We investigate consume ... "
Jakarta: Bank Indonesia Insitute, 2019
332 BEMP 22:3 (2019)
Artikel Jurnal  Universitas Indonesia Library
cover
Bhushan, Praveen Jangam
Do Prices Converge Among Indonesian Cities? An Empirical Analysis
" 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 ... "
Jakarta: Bank Indonesia Insitute, 2019
332 BEMP 22:3 (2019)
Artikel Jurnal  Universitas Indonesia Library