The Impact of Monetary Policy on Indonesian Economic System Before-During The Covid-19 Pandemic

Adevia Nugroho, Maulidyah Indira Hasmarini

Abstract


This study seeks to investigate the impact of the government's monetary policy in sustaining economic stability in Indonesia before and after the Covid-19 virus, outbreak the economic stability mentioned to in this study is inflation. Time series data from 2016 to 2022 were used in this investigation. This study employed multiple regression with dummy variables. In this study, the dependent variable is inflation, and the independent variables are the accumulation of the Covid-19 positive rate, the accumulation of the Covid-19 death rate, the accumulation of the Covid-19 recovery rate, foreign exchange reserves, exports, the total amount of currency in liquidity, exchange rates, and interest rates

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DOI: https://doi.org/10.30596/miceb.v1i0.100

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