scholarly journals Dampak Indikator Makro Ekonomi terhadap Dana Pihak Ketiga Perbankan Syariah

2017 ◽  
Vol 8 (1) ◽  
pp. 103
Author(s):  
Saekhu Saekhu
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Negative Impact ◽  
Positive Impact ◽  
Linear Regression Analysis ◽  
Composite Index ◽  
Least Square ◽  
Islamic Banking ◽  
Ordinary Least Square ◽  
Macroeconomic Indicators

<p>This study was undertaken to analyze the effects of macroeconomic indicators (SBI interest rate, exchange rate, inflation, Indonesia Composite Index and GDP) to deposits liabilities of Islamic Banking in Indonesia. Analysis unit of this study is the Islamic Banking in Indonesia during the period 1998-2008. For the empirical analysis in this study it is used the data on aggregate time series of the monthly period from January 2003 to December 2010. Source data taken from publication of Bank Indonesia, in the form of Annual Report Bank Indonesia,  Indonesia Bank Monetary Statement Of Policy, Statistics Economic and Financial Indonesia, Islamic Banking Statistics (Statistik Perbankan Syariah/SPS) and publication report from Badan Pusat Statistik (BPS). This study uses Linear Regression analysis with Ordinary Least Square (OLS) method. The result show that macroeconomic indicators have impact on Funding (deposit liabilities) of Bank Syariah Mandiri, the SBI interest rate have negative impact, while exchange rate, inflation, Indonesia Composite Index and GDP have positive impact. Based on the same method, it shows that GDP has positive on Funding of Islamic Banking in Indonesia.</p><p class="IABSSS">Penelitian ini dilakukan untuk menganalisis dampak indikator makro ekonomi (suku bunga SBI, nilai tukar, inflasi, Indeks Harga Saham Gabungan Indonesia dan PDB) terhadap deposito (Dana Pihak Ketiga) Perbankan Syariah di Indonesia. Unit analisis penelitian ini adalah Perbankan Syariah di Indonesia selama periode 1998-2008. Analisis empiris dalam penelitian ini menggunakan data kumpulan waktu agregat periode bulanan dari Januari 2003 sampai Desember 2010. Sumber data diambil dari publikasi Bank Indonesia, berupa Laporan Tahunan Bank Indonesia, Laporan Kebijakan Moneter, Statistik Ekonomi dan Keuangan Indonesia/SEKI), Statistik Perbankan Syariah (SPS) dan laporan publikasi Badan Pusat Statistik (BPS). Penelitian ini menggunakan analisis Regresi Linier dengan metode <em>Ordinary Least Square</em> (OLS). Hasil menunjukkan bahwa indikator makro ekonomi berdampak pada pendanaan (deposito) Bank Syariah Mandiri, suku bunga SBI memiliki dampak negatif, sedangkan nilai tukar, inflasi, Indeks Harga Saham Gabungan Indonesia dan PDB berdampak positif. Berdasarkan metode yang sama, PDB positif terhadap Pendanaan Perbankan Syariah di Indonesia.</p>

scholarly journals Pengaruh inflasi dan jumlah uang beredar terhadap nilai tukar rupiah dengan pendekatan model struktural VAR

2019 ◽  
Vol 7 (1) ◽  
pp. 51-60
Author(s):  
Tuty Alawiyah ◽  
Haryadi Haryadi ◽  
Yohannes Vyn Amzar
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Central Bank ◽  
Money Supply ◽  
Negative Impact ◽  
Least Square ◽  
Ordinary Least Square ◽  
Trend Data ◽  
Positive Effect ◽  
Policy Interest

The purpose of this study are, firstly to analyze exchange rate trends of rupiah, centtral bank policy rates, inflation and money supply in Indonesia from January 2019 to December 2019. Secondly, to analyzes the  effect of central bank policy rate, inflation and the money supply to the rupiah exchange rate in January 2013 – Desember 2018. The method used in this research are descriptive and quantitative analysis with trend analysis tools and multiple linier regression VAR models with the Ordinary Least Square (OLS). The  results of the study found that, the first trend data from the rupiah exchange rate variable of January 2019 period – December 2019 of IDR 15.145 US$, the central bank’s policy interest rate was 4.5 percent, inflation was 2.15 percent and the money supply was an average of Rp.5.966.9112,17 billion. Secondly, from the processed data it was found that central bank policy rates and the money supply has a positive effect on the rupiah exchange rate of January 2013 period – December 2018. While the inflation variable has a negative impact on the rupiah exchange rate of January 2013 period – December 2018. Keywords : Rupiah exchange rate, Central bank policy interest rate, Money supply

scholarly journals ANALISIS DETERMINASI PERTUMBUHAN EKONOMI PROVINSI JAMBI

2018 ◽  
Vol 2 (1) ◽  
pp. 1
Author(s):  
Ali Fahmi
Keyword(s):  
Economic Growth ◽  
Government Spending ◽  
Capital Investment ◽  
Time Series Data ◽  
Negative Impact ◽  
Positive Impact ◽  
Least Square ◽  
Series Data ◽  
Ordinary Least Square ◽  
Investment Capital

This research aims to analyze the effect of government spending, investment of foreign capital investment, capital investment In Land and labor against growth of Jambi province during the 2004-2015. This research using Time Series data with regression analysis "Ordinary Least Square (OLS) wear EViews 8.  The findings from this research indicate that Labor become the most variable gives a positive impact against the next economic growth, government spending and investment, while investing PMDN PMA gives negative impact on The Economic Growth Of The Province Of Jambi. PMA investment posit no impact and no signikan against economic growth this is not prevalent, but it is possible the investment PMA in Jambi province is relatively small and still no impact in the absorption of the local Workforce. Menyikapai is an effort to boost the Economic growth of the Province of Jambi then needed a special business development policies should be directed at the activities that are labor-intensive to absorb labor as much as possible. Keywords: economic growth, government spending, PMA, the PMDN, and labor.

scholarly journals Analisis pengaruh keadaan ekonomi makro terhadap investasi Asuransi Jiwa Syariah di Indonesia tahun 2010 – 2019

2020 ◽  
pp. 37-53
Author(s):  
Khalish Khairina
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Significant Influence ◽  
Life Insurance ◽  
Time Series Data ◽  
Composite Index ◽  
T Test ◽  
Least Square ◽  
Series Data ◽  
Independent Variables

This study aims to analyze the effect of Inflation, Exchange Rate, BI Interest Rate, Indonesia Composite Index on Sharia Insurance Life in Indonesia.  Data used is time series data for 10 years (2010-2019) and analyzed by using Eviews 10. This research using quantitative descriptive method, and to analyze the effect of independent variables toward dependent variables using Ordinary Least Square technique. The result of t – test shows Inflation, Exchange Rate, Indonesia Composite Index have significant influence to Sharia Life Insurance Investment in Indonesia that t –test < 0,05 and Interest Rate doesn’t influence to Sharia Life Insurance Investment in Indonesia with t – test > 0,05. However, independent variables has a significant influence with the result of F test 0,000002 < 0,05 and Adjusted R-Squared test shows that 99,41 %  of Sharia Life Insurance Investment in Indonesia is influenced by independent variables in this research

scholarly journals Analysis of Determinants of Stock Transaction Volume and Its Effect on the LQ45 Stock Price Index on IDX 2010-2020 Period

2021 ◽  
Author(s):  
Mohammad Noor Salim ◽  
Gabriel Anugrah Pratama
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Interest Rates ◽  
Stock Price ◽  
Linear Regression Analysis ◽  
Composite Index ◽  
Multiple Linear Regression Analysis ◽  
Stock Index ◽  
Company Performance ◽  
Dollar Exchange Rate

The LQ45 stock index is a stock index that concerns investors in monitoring the development of company performance that is included in the LQ45 index calculation. Several factors that can cause the movement of the LQ45 stock index include BI interest rates, exchange rates, and global stock exchanges such as the Shanghai Composite Index. The study was conducted to determine the effect of the BI interest rate, dollar exchange rate, yuan exchange rate and the Shanghai Composite Index (SSE) on the LQ45 stock index. The study was conducted using 121 samples consisting of monthly data for all variables from 2010 to 2020. Data analysis was performed using multiple linear regression analysis techniques. The results show the BI interest rate, dollar exchange rate, yuan exchange rate and Shanghai Composite index simultaneously have a significant effect on the LQ45 stock index. BI interest rate and yuan exchange rate partially have a significant effect on the LQ45 stock index. The dollar exchange rate and Shanghai Composite index have no significant effect on the LQ45 stock index. The BI interest rate, dollar exchange rate, yuan exchange rate and Shanghai Composite index simultaneously affect volume of transactions. Partially, BI interest rate, dollar exchange rate, yuan exchange rate have a significant effect on transaction volume, while Shanghai Composite index has no significant effect on transaction volume. Simultaneously, BI interest rate, dollar exchange rate, yuan exchange rate, and Shanghai Composite index have a significant effect on the LQ45 stock index with transaction volume as an intervening variable.

scholarly journals Analysis of Determinants of Stock Transaction Volume and Its Effect on the LQ45 Stock Price Index on IDX 2010-2020 Period

2021 ◽  
Vol 4 (2) ◽  
Author(s):  
Mohammad Noor Salim ◽  
◽  
Gabriel Anugrah Pratama
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Interest Rates ◽  
Stock Price ◽  
Linear Regression Analysis ◽  
Composite Index ◽  
Multiple Linear Regression Analysis ◽  
Stock Index ◽  
Company Performance ◽  
Dollar Exchange Rate

The LQ45 stock index is a stock index that concerns investors in monitoring the development of company performance that is included in the LQ45 index calculation. Several factors that can cause the movement of the LQ45 stock index include BI interest rates, exchange rates, and global stock exchanges such as the Shanghai Composite Index. The study was conducted to determine the effect of the BI interest rate, dollar exchange rate, yuan exchange rate and the Shanghai Composite Index (SSE) on the LQ45 stock index. The study was conducted using 121 samples consisting of monthly data for all variables from 2010 to 2020. Data analysis was performed using multiple linear regression analysis techniques. The results show the BI interest rate, dollar exchange rate, yuan exchange rate and Shanghai Composite index simultaneously have a significant effect on the LQ45 stock index. BI interest rate and yuan exchange rate partially have a significant effect on the LQ45 stock index. The dollar exchange rate and Shanghai Composite index have no significant effect on the LQ45 stock index. The BI interest rate, dollar exchange rate, yuan exchange rate and Shanghai Composite index simultaneously affect volume of transactions. Partially, BI interest rate, dollar exchange rate, yuan exchange rate have a significant effect on transaction volume, while Shanghai Composite index has no significant effect on transaction volume. Simultaneously, BI interest rate, dollar exchange rate, yuan exchange rate, and Shanghai Composite index have a significant effect on the LQ45 stock index with transaction volume as an intervening variable.

scholarly journals Impact of Infaltion, Exchange Rate and Interest Rate on the Private Sector Credit of Pakistan

2020 ◽  
Vol 6 (4) ◽  
pp. 1133-1138
Author(s):  
Muhammad Umair Ali ◽  
Saliha Gul Abbasi ◽  
Mazhar Abbas ◽  
Ghulam Dastgeer
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Private Sector ◽  
Negative Impact ◽  
Positive Impact ◽  
Short Term ◽  
Short Run ◽  
Auto Regressive ◽  
Adf Test

The paper analyzed the long-term and short-term impact of interest rate, exchange rate and inflation on the private sector credit of Pakistan during the period from 1975 to 2018. To test the stationarity of data Augmented Dick Fuller (ADF) Test was applied. While the main model to explore the long-term and short-term dependence was based on Auto Regressive Distribution Lag (ARDL) Model. The results suggested no effect of exchange rate on private sector credit, while inflation has significant as well as positive impact on Private Sector Credit (PSC) in long as well as short run. Lastly, the most important dependence i.e. interest effect on PSC; depicted negative impact in both short and long term.

scholarly journals Determinants of Mudharabah Term Deposit: A Case of Indonesia Islamic Banks

2021 ◽  
Vol 5 (2) ◽  
pp. 167-180
Author(s):  
Fachru Nurul Umam ◽  
Annisa Nur Salam ◽  
Achmad Rizal
Keyword(s):  
Interest Rate ◽  
Negative Impact ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Profit Rate ◽  
Islamic Bank ◽  
Several Variables ◽  
The Interest Rate

The growth of Islamic finance industries in Indonesia has shown significant improvement. The increased number of surplus units depositing their funds in Islamic banks has become a significant factor in their trust and confidence in Islamic banking products. One of the products utilized by the depositor is the mudharabah deposit product, where the Islamic bank offers higher profit compared to other types of deposit or saving. This paper aims to analyze the issues in a mudharabah term deposit in the Islamic banking industry in Indonesian Islamic banks. The issues concern more on the profit and risk in the mudharabah concept that has been applied in Islamic banks and the variables that affect the changes in mudharabah deposit product. We used the sample to analyze the issues by selecting 14 Islamic banks in Indonesia from 2011-2020.  This research uses a quantitative approach with multiple linear regression analysis methods. Several variables are considered the independent variables to know the changes in the demand of mudharabah deposits in the Islamic bank, including interest rate, profit rate, number of office or branch units, and non-performing financing. Our analysis shows that the number of offices or branch units and non-performing financing positively impact the changes in demand of mudharabah deposits, while the interest rate and profit rate have a negative impact on mudharabah deposits.

scholarly journals Economic Analysis Of The Determinants Of Foreign Direct Investment (FDI) In Nigeria

2020 ◽  
Vol 8 (1) ◽  
pp. 74-81 ◽  
Author(s):  
Emmanuel Oluwagbenga Adebayo ◽  
Suleiman Purokayo Gambiyo
Keyword(s):  
Foreign Direct Investment ◽  
Exchange Rate ◽  
Interest Rate ◽  
Direct Investment ◽  
Trade Openness ◽  
Negative Relationship ◽  
Least Square ◽  
Economic Policies ◽  
Macroeconomic Policies ◽  
Ordinary Least Square

The study examined the factors that determine Foreign Direct Investment (FDI) in Nigeria.  It assessed the extent to which exchange rate, interest rate, degree of trade openness affects foreign direct investment inflow to Nigeria.  The study used data from Central Bank of Nigeria (CBN) Bulletin and World Bank (1981 - 2017).  The results were interpreted based on the Ordinary Least Square (OLS) method, apart from series of test statistics and some diagnostics on data was performed. The estimated linear regression model reveals that the degree of openness positively and significantly affect FDI. Exchange rate has a positive but non-significant relationship with FDI and interest rate has a negative relationship with FDI, but it is not statistically significant. The study therefore recommends that economic policies that allow free trade should be formulated since macroeconomic policies are important in stabilization, enhance standard growth and improvements in the standard of living as a result of improved and higher productivity.

scholarly journals Produk Domestik Bruto dan Kurs Sebagai Determinan Impor Pupuk Indonesia

SOROT ◽  
2021 ◽  
Vol 16 (1) ◽  
pp. 35
Author(s):  
Mardiana Mardiana ◽  
Siti Nelva Anisa ◽  
Darma Yuda
Keyword(s):  
Time Series ◽  
Exchange Rate ◽  
Time Series Data ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Financial Economic ◽  
Least Square ◽  
Series Data ◽  
Ordinary Least Square ◽  
The Exchange Rate

Impor pupuk dilakukan untuk memenuhi kebutuhan kebutuhan pupuk. Penelitian ini bertujuan untuk menganalisis pengaruh PDB dan nilai tukar sebagai determinan impor pupuk di Indonesia. Lokasinya berada di Indonesia, dengan periode penelitian 2004 hingga 2018. Data yang digunakan adalah data time series yang terdiri dari data nilai tukar, PDB, dan impor pupuk. Sumber data dalam penelitian ini adalah data yang dipublikasikan pada Statistik Ekonomi Keuangan Indonesia (SEKI). Laporan Statistik Kementerian Perdagangan dan laporan statistik perdagangan luar negeri untuk impor Indonesia dari publikasi Badan Pusat Statistik (BPS). Penelitian ini menggunakan metode ordinary least square (OLS) dengan analisis regresi linier berganda sebagai persamaannya. Kondisi impor pupuk di Indonesia cenderung menunjukkan fluktuatif. Namun, dalam beberapa tahun terakhir telah menunjukkan peningkatan. Secara bersamaan, PDB Indonesia dan nilai tukar mempengaruhi impor pupuk Indonesia. Namun secara parsial, impor pupuk Indonesia dipengaruhi secara positif dan signifikan oleh PDB. Sedangkan nilai tukar tidak berpengaruh signifikan terhadap impor pupuk Indonesia. Fertilizer imports are carried out to meet fertilizer needs. This study analyzes the effect of GDP and the exchange rate as determinants of fertilizer imports in Indonesia. The location is in Indonesia, with a research period from 2004 to 2018. The data used is time series data consisting of data on exchange rates, GDP, and fertilizer imports. The data source in this study is the data published in the Indonesian Financial Economic Statistics (SEKI). The Ministry of Trade's Statistical Report and foreign trade statistical reports for Indonesian imports from the publication of the Central Statistics Agency (BPS). This study uses the Ordinary Least Square (OLS) method with multiple linear regression analysis as the equation. Fertilizer import conditions in Indonesia tend to fluctuate. However, in recent years it has shown improvement. Simultaneously, Indonesia's GDP and the exchange rate affect Indonesia's fertilizer imports. However, partially, Indonesia's fertilizer imports are positively and significantly affected by GDP. Meanwhile, the exchange rate does not have a significant effect on Indonesia's fertilizer imports.

scholarly journals Alleviating Poverty in Nigeria: Keynesian Vs Monetary Theory of Poverty

2020 ◽  
Vol 30 (1) ◽  
pp. 103-120
Author(s):  
Olukayode Emmanuel Maku ◽  
Afeez Taiwo Tella ◽  
Akinola Christopher Fagbohun
Keyword(s):  
Monetary Policy ◽  
Exchange Rate ◽  
Interest Rate ◽  
Capital Expenditure ◽  
Vital Role ◽  
Least Square ◽  
Monetary Policies ◽  
Ordinary Least Square ◽  
Beta Coefficient ◽  
Policy Measures

AbstractThis study comparatively investigates the impacts of fiscal and monetary policies on poverty in Nigeria from 1986 to 2018. Using the Ordinary Least Square and Standardized or Beta Coefficient approach, we found that the Nigerian political system plays a vital role on a large number of its citizens living in extreme poverty. Other factors identified as the likely causes of poverty are insurgencies, terrorism, and low productivity among others. Also, monetary policy is more important in alleviating poverty than the fiscal policy which favored the monetary school arguments. Specifically, monetary measures like exchange rate and interest rate are more significant in alleviating poverty far more than inflation rate while fiscal measures proxy with government recurrent expenditure plays a more vital role in alleviating poverty in Nigeria than others like government capital expenditure and government recurrent expenditure. The study recommended that in the case of monetary measures, there is a need for Government through the Central Bank of Nigeria, to shift their attention towards key monetary policy measures like interest rate and exchange rate compare to other monetary measures.

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