Ditemukan 1 dokumen yang sesuai dengan query
Mohammad Amri Mustafa
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Monetary authorities pursue three desirable objectives: exchange rate stability, free international capital mobility, and an independent monetary policy. However, they are facing the trilemma, also known as the ‘Impossible Trinity’, which suggests that only two of these three goals can be achieved simultaneously. This research aims to examine the impact of each configuration or trilemma index—exchange rate stability, monetary independence, and financial openness—on the real GDP growth rate based on the evidence from Indonesia. This ...
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Depok: Fakultas Ekonomi Dan Bisnis Universitas Indonesia, 2024
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