A Critical Review on Interest Rate as a Tool of Monetary Policy

<p><strong>Objectives:</strong> This research is aimed to critically review the relationship between interest rate and economic downturn</p><p><strong>Methods:</strong> Meta-analysis.</p><p><strong>Results:</strong><strong> <...

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Main Authors: diyah putriani, pras towo
Format: Article
Language:English
Published: Tazkia University College of Islamic Economics; Association of Islamic Economics Lecturers 2016-04-01
Series:Tazkia Islamic Finance and Business Review
Subjects:
Online Access:http://tifbr-tazkia.org/index.php/TIFBR/article/view/93
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spelling doaj-a8493953392f4da388aac686013e3e232020-11-25T03:31:13ZengTazkia University College of Islamic Economics; Association of Islamic Economics LecturersTazkia Islamic Finance and Business Review1907-81452460-07172016-04-019210.30993/tifbr.v9i2.9373A Critical Review on Interest Rate as a Tool of Monetary Policydiyah putriani0pras towo1universitas gadjah madauniversitas islam indonesia<p><strong>Objectives:</strong> This research is aimed to critically review the relationship between interest rate and economic downturn</p><p><strong>Methods:</strong> Meta-analysis.</p><p><strong>Results:</strong><strong> </strong>The existing monetary policy will always create higher inflation rate overtime triggering economic crisis in the long run. This is not merely about how the monetary authority strictly manages the supply and demand for money in the economy.</p><strong>Conclusion:</strong>This paper concludes that interest rate give negative contribution to the economic growth.http://tifbr-tazkia.org/index.php/TIFBR/article/view/93interest rate, economic downturn, monetary policy, meta-analysis
collection DOAJ
language English
format Article
sources DOAJ
author diyah putriani
pras towo
spellingShingle diyah putriani
pras towo
A Critical Review on Interest Rate as a Tool of Monetary Policy
Tazkia Islamic Finance and Business Review
interest rate, economic downturn, monetary policy, meta-analysis
author_facet diyah putriani
pras towo
author_sort diyah putriani
title A Critical Review on Interest Rate as a Tool of Monetary Policy
title_short A Critical Review on Interest Rate as a Tool of Monetary Policy
title_full A Critical Review on Interest Rate as a Tool of Monetary Policy
title_fullStr A Critical Review on Interest Rate as a Tool of Monetary Policy
title_full_unstemmed A Critical Review on Interest Rate as a Tool of Monetary Policy
title_sort critical review on interest rate as a tool of monetary policy
publisher Tazkia University College of Islamic Economics; Association of Islamic Economics Lecturers
series Tazkia Islamic Finance and Business Review
issn 1907-8145
2460-0717
publishDate 2016-04-01
description <p><strong>Objectives:</strong> This research is aimed to critically review the relationship between interest rate and economic downturn</p><p><strong>Methods:</strong> Meta-analysis.</p><p><strong>Results:</strong><strong> </strong>The existing monetary policy will always create higher inflation rate overtime triggering economic crisis in the long run. This is not merely about how the monetary authority strictly manages the supply and demand for money in the economy.</p><strong>Conclusion:</strong>This paper concludes that interest rate give negative contribution to the economic growth.
topic interest rate, economic downturn, monetary policy, meta-analysis
url http://tifbr-tazkia.org/index.php/TIFBR/article/view/93
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AT prastowo acriticalreviewoninterestrateasatoolofmonetarypolicy
AT diyahputriani criticalreviewoninterestrateasatoolofmonetarypolicy
AT prastowo criticalreviewoninterestrateasatoolofmonetarypolicy
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