Artikel
The causality between inflation and unemployment: The Indonesian evidence
Two closely watched indicators of economic performance are inflation and unemployment. This study empirically analyzes the causality between inflation and unemployment in Indonesia during 1984 to 2017. The data were gathered from the Indonesian Central Bureau of Statistics. Methodologically, this study employed the Granger Causality test and Vector Autoregression to determine the causality between inflation and unemployment. The results show that there is a one-way causality between inflation and unemployment. The findings imply that unemployment causes inflation, but not vice versa. Next inflation and unemployment are also closely related to other determining factors, such as season, household income, and the decisions to attend school or to perform the housekeeping.
- Language
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Englisch
- Bibliographic citation
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Journal: Verslas: Teorija ir praktika / Business: Theory and Practice ; ISSN: 1822-4202 ; Volume: 20 ; Year: 2019 ; Pages: 1-10 ; Vilnius: Vilnius Gediminas Technical University
- Classification
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Management
Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General
Policy Objectives; Policy Designs and Consistency; Policy Coordination
- Subject
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granger causality
inflation
unemployment
vector autoregression
- Event
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Geistige Schöpfung
- (who)
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Sasongko, Gatot
Huruta, Andrian Dolfriandra
- Event
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Veröffentlichung
- (who)
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Vilnius Gediminas Technical University
- (where)
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Vilnius
- (when)
-
2019
- DOI
-
doi:10.3846/btp.2019.01
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Sasongko, Gatot
- Huruta, Andrian Dolfriandra
- Vilnius Gediminas Technical University
Time of origin
- 2019
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