R C Maulani


The purpose of this study is to explore the role of the Covid-19 pandemic event in inflation expectations and its volatility through Indonesia's inflation exchange rate. The findings document that inflation expectations and their volatility are positively affected by the Covid-19 pandemic. These results have real activity implications, while close monitoring of inflation expectations could signal inflation expectations are relinquishing risk.


Inflation Fluctuations; Covid-19; GARCHX Model models

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