Did the policy responses influence credit and business cycle co-movement during the COVID-19 crisis? Evidence from Indonesia.

Econ Anal Policy · 2023 · PMC9985541 · PMID 36960383

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an increasing trendno p-value reported

It shows an increasing trend, especially after 2014, where the correlation has increased from −0.005 in 2014M08 to 0.31 by 2022M03.

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