期刊名称：Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
印刷版ISSN：2338-4603
电子版ISSN：2335-8520
出版年度：2020
卷号：8
期号：3
页码：209-218
DOI：10.22437/ppd.v8i3.9200
语种：English
出版社：Program Magister Ilmu Ekonomi Fakultas Ekonomi dan Bisnis Universitas Jambi
摘要：This article discusses about re-testing the validity of the Fisher hypothesis in Indonesia. By using Autoregressive Distributed Lag (ARDL) approach, we will know if there is any causality between interest rate and inflation or not, for the long-term relationship. Interest rate divided into two main points, real interest rate and nominal interest rate. Hence, there are three main variables for this research, inflation, real interest rate and nominal interest rate. We applied the bound test to know cointegration between variables. The result shows that there is no evidence of long-term relationship and short term relationship between nominal interest rate and inflation in Indonesia.
