Danny Hermawan
Biographic Data
| ID | 5243132 |
|---|---|
| NAME | Danny Hermawan |
| GIVEN NAMES | Danny |
| FAMILY NAME | Hermawan |
| SIGNATURE | HERMAWAN D |
| AFFILIATIONS | Bank Indonesia |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 0 |
| WORKS AS AUTHOR | 1 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2024 |
| LATEST PUBLICATION YEAR | 2024 |
| H-INDEX | 0 |
Money velocity, digital currency and inflation dynamics in Indonesia
This paper empirically investigates the impact of transaction–cost-induced variations in the velocity of money on inflation dynamics in Indonesia, using a structural New Keynesian Phillips curve incorporating an explicit money-velocity term. The effect of money velocity arises from the role of money, both physical and digital, in reducing aggregate transaction costs and facilitating the purchase of goods and services. We find a non-trivial aggreg…
No prominent works on this page.
Money velocity, digital currency and inflation dynamics in Indonesia
This paper empirically investigates the impact of transaction–cost-induced variations in the velocity of money on inflation dynamics in Indonesia, using a structural New Keynesian Phillips curve incorporating an explicit money-velocity term. The effect of money velocity arises from the role of money, both physical and digital, in reducing aggregate transaction costs and facilitating the purchase of goods and services. We find a non-trivial aggreg…
Currency (1 work) · Digital currency (1 work) · Dynamics (music) (1 work) · Economic Theory and Policy (1 work) · Economics (1 work) · Global Financial Crisis and Policies (1 work) · Inflation (cosmology) (1 work) · Keynesian economics (1 work) · Macroeconomics (1 work) · Monetary economics (1 work)