scholarly journals Analysis of Factors Affecting Islamic Bank Financing for the Fisheries Sector in Indonesia

2019 ◽  
Vol 4 (2) ◽  
pp. 568-583
Author(s):  
Nur Laili ◽  
Hendri Tanjung
Keyword(s):  
Monetary Policy ◽  
Significant Role ◽  
Banking Industry ◽  
Policy Instruments ◽  
Islamic Banking ◽  
Short Term ◽  
Factors Affecting ◽  
Bank Financing ◽  
Data Source

The development of the fisheries sector in Indonesia should get more attention, especially in efforts to increase fishing businesses, limited financial access is still a problem that must be faced by the fisheries sector. Thus, Islamic banking can play a significant role in providing financing for the development of national fisheries. This study analyzes the factors that influence fisheries financing in Islamic banking in Indonesia and how efforts to increase fisheries sector financing. The processed data source is the monthly statistics of the Islamic banking industry from October 2014 to May 2019, and the method of analysis of this study uses VAR / VECM. The results showed that the NPF and PUAS affect fishery financing in the short term negatively and significantly. Whereas in the long term INF, NPF, PUAS, and ISBIS negatively affect fishery financing, as for CAR, and FDR affects fishery financing positively. Furthermore, SBK, and MRP do not affect fishery financing, both short-term and long-term. This study recommends an increase in the proportion of fishery financing along with an increase in Islamic banking capital, increased monitoring of fishery financing, and strengthening of national monetary policy instruments.

scholarly journals ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI PEMBIAYAAN BANK SYARIAH UNTUK SEKTOR PERIKANAN DI INDONESIA

2020 ◽  
Vol 7 (4) ◽  
pp. 757
Author(s):  
Nur Laili ◽  
Hendri Tanjung
Keyword(s):  
Monetary Policy ◽  
Significant Role ◽  
Banking Industry ◽  
Islamic Banking ◽  
Short Term ◽  
Financial Access ◽  
Data Source

The development of the fisheries sector in Indonesia should get more attention, especially in efforts to increase fishing businesses, limited financial access is still a problem that must be faced by the fisheries sector. Thus, Islamic banking can play a significant role in providing financing for the development of national fisheries. This study analyzes the factors that influence fisheries financing in Islamic banking in Indonesia and how efforts to increase fisheries sector financing. The processed data source is the monthly statistics of the Islamic banking industry from October 2014 to May 2019, and the method of analysis of this study uses VAR / VECM. The results showed that the NPF and PUAS affect fishery financing in the short term negatively and significantly. Whereas in the long term INF, NPF, PUAS, and ISBIS negatively affect fishery financing, as for CAR, and FDR affects fishery financing positively. Furthermore, SBK, and MRP do not affect fishery financing, both short-term and long-term. This study recommends an increase in the proportion of fishery financing along with an increase in Islamic banking capital, increased monitoring of fishery financing, and strengthening of national monetary policy instruments.Keywords: fisheries financing, Islamic banking, VAR/VECM

scholarly journals Effectiveness of Monetary Policy Instruments on Economic Growth in Jordan Using Vector Error Correction Model

2017 ◽  
Vol 9 (11) ◽  
pp. 194
Author(s):  
Rami Obeid ◽  
Bassam Awad
Keyword(s):  
Economic Growth ◽  
Monetary Policy ◽  
Policy Instruments ◽  
Short Term ◽  
Correction Model ◽  
Vector Error Correction ◽  
Real Gdp ◽  
Vector Error ◽  
Effect Of Monetary Policy

The global financial crisis emphasized the important role of the prudent monetary policy in supporting economic growth through maintaining price stability. The monetary policy operational framework that was designed in 2008 was updated to include more instruments for managing monetary policy learning from the crisis lessons. Several studies analyzed various dimensions related to economic growth in Jordan such as Abdul-Khaliq, Soufan, and Abu Shihab (2013) and Assaf (2014), there were no studies that investigated the effect of monetary policy on economic growth in Jordan, at least recently, however. The study aims at measuring the effect of monetary policy instruments on the performance of Jordanian economy. Using quarterly data covering the period (2005-2015), an econometric model was examined using Vector Error Correction Model to assess the impact of monetary policy instruments on economic growth. The foremost advantage of VECM is that it has a nice interpretation of long-term and short-term equations. The results showed the existence of positive long-term and short-term effects of monetary policy instruments on the growth of real GDP. The model included three monetary policy instruments besides money supply. They are required reserve ratio, rediscount rate and overnight interbank loan rates as independent variables, and the real GDP growth as a dependent variable. The stationarity of the model time series was addressed. In addition, the stability of the model was tested using stability diagnostics tools. The results showed also an existence of inverse relationship between rediscount rate and economic growth in Jordan over both long and short terms.

scholarly journals DOES THE PROCYCLICALITY OF CAPITAL REQUIREMENTS AFFECT FINANCIAL STABILITY IN CEMAC?

2020 ◽  
Vol 8 (7) ◽  
pp. 17-37
Author(s):  
Djimoudjiel Djekonbé ◽  
Ningaye Paul ◽  
Nafé Daba
Keyword(s):  
Monetary Policy ◽  
Financial Stability ◽  
Policy Instruments ◽  
Factorization Method ◽  
Capital Requirements ◽  
Panel Var ◽  
Regulatory Capital ◽  
Short Term ◽  
Discretionary Monetary Policy

The objective of this article is to analyze the effects of procyclical variations of the capital requirements for risk coverage on financial stability in the CEMAC[1]. In order to achieve this objective, we have specified and estimated a panel VAR model using the structural factorization method on quarterly Central Bank data over the period 2006-2017. Firstly, the results show that procyclical capital adjustments in the CEMAC region lead to short-term financial instability through the contraction of credit to the private sector. Secondly, despite the low level of financial development, the effects maintained by the adjustment of monetary policy instruments in the short term remain significant on price stability. Finally, in the long term, the procyclicality of regulatory capital makes it possible to revive economic activity and guarantee financial stability. These results lead us to recommend the adoption of a more discretionary monetary policy so as to make more procyclical the capital requirement.     [1] Economic Community of Central African States comprising Cameroon, Central African Republic, Chad, Congo, Gabon and Equatorial Guinea.

scholarly journals The Emergence of Forward Guidance As a Monetary Policy Tool

2021 ◽  
Vol 2021 (032) ◽  
pp. 1-59
Author(s):  
Edward Nelson ◽  
Keyword(s):  
Monetary Policy ◽  
Interest Rate ◽  
Interest Rates ◽  
Policy Instruments ◽  
Open Market ◽  
Short Term ◽  
Factors Affecting ◽  
Interest Rate Policy ◽  
Forward Guidance ◽  
Policy Tool

Forward guidance—the issuance by a central bank of public statements concerning the likely future settings of its policy instruments—is widely regarded as a new tool of monetary policy. The analysis in this paper shows that Federal Reserve policymakers from the 1950s onward actually accepted the premises of forward guidance: the notion that longer-term interest rates are key yields in aggregate spending decisions; and the proposition that indications of intentions regarding future short-term interest rate policy can affect longer-term rates. Over the same period, they were nevertheless wary about providing forward guidance regarding short-term interest rates, fearing that this could generate untoward market reactions or lock the Federal Open Market Committee into inappropriate rate settings. They concentrated on describing future policy in terms of achievement of economic objectives, with their commentary on interest-rate prospects usually confined to consideration of the longer-term factors affecting rates. Even in these years, however, there were infrequent occasions—notably in 1974 and 1982—when policymakers provided more explicit guidance regarding the path of short-term rates. In the 1990s, a consensus developed in U.S. policy circles that was more receptive toward the notion of guiding longer-term interest rates by providing indications of future FOMC actions. This consensus developed even before concerns about the lower bound on short-term rates became prevalent in U.S. policymaking. The new mindset, which stressed the stabilizing effects on the economy of communication of policy intentions, set the stage for the emergence of forward guidance as a monetary policy tool.

scholarly journals Analysis of Prognostic Factors Affecting Short-term and Long-term Outcomes of Gastric Cancer Resection

2021 ◽  
Vol 41 (7) ◽  
pp. 3523-3534
Author(s):  
PIOTR KULIG ◽  
PRZEMYSŁAW NOWAKOWSKI ◽  
MAREK SIERZĘGA ◽  
RADOSŁAW PACH ◽  
OLIWIA MAJEWSKA ◽  
...  
Keyword(s):  
Gastric Cancer ◽  
Prognostic Factors ◽  
Long Term Outcomes ◽  
Short Term ◽  
Factors Affecting ◽  
Cancer Resection ◽  
Gastric Cancer Resection

scholarly journals Evaluation of installation effects on set-up of field displacement piles in sand

2019 ◽  
Vol 56 (4) ◽  
pp. 461-472 ◽  
Author(s):  
Ivana Anusic ◽  
Barry M. Lehane ◽  
Gudmund R. Eiksund ◽  
Morten A. Liingaard
Keyword(s):  
Test Data ◽  
Impact Frequency ◽  
Short Term ◽  
Factors Affecting ◽  
Installation Effects ◽  
Field Displacement ◽  
Small Influence ◽  
Set Up ◽  
Shaft Friction

The paper presents results from a new series of tests on displacement piles in sand, involving different installation modes, and combines these with results from previous tests at the same site as well as with test data at two other well-investigated sand sites to provide fresh insights into factors affecting “short-term” capacity and set-up of shaft friction. It is shown that the shaft capacity measured shortly after installation reduces systematically with the logarithm of the number of impact blows or jacking increments per unit shaft area imparted during installation. However, the degree of set-up of shaft friction for piles increases with an increase in the number of blows, and piles installed using a large number of blows can attain highest “long-term” shaft capacities, despite having the lowest short-term capacity. The tests indicated that the driving impact frequency had a relatively small influence on shaft friction, while piles installed by vibration attain short-term capacities comparable to driven impact piles, but showed negative set-up.

Factors affecting colony attendance by Ancient Murrelets (Synthliboramphus antiquus)

1990 ◽  
Vol 68 (3) ◽  
pp. 433-441 ◽  
Author(s):  
Ian L. Jones ◽  
Anthony J. Gaston ◽  
J. Bruce Falls
Keyword(s):  
Weather Conditions ◽  
Weather Variables ◽  
Short Term ◽  
Weather Effects ◽  
Factors Affecting ◽  
Cyclical Pattern ◽  
The Hours ◽  
Nesting Season ◽  
Colony Attendance

We studied factors influencing variation in nightly levels of activity (birds arriving and vocalizing) and numbers of birds staging offshore at a colony of Ancient Murrelets at Reef Island, British Columbia, during 1984, 1985, and 1986. Activity was restricted to the hours of darkness and extremely variable in magnitude from night to night. The rate of entry into burrows tended to decrease, and the amount of vocalization and numbers of birds at the staging area increased during the nesting season. We detected an underlying 4-day cyclical pattern of attendance. Nightly variability of activity at the colony was affected by moonlight and weather conditions. Since activity, particularly vocalization, was reduced on moonlit nights, we suggest that nocturnal colony attendance is a strategy to avoid diurnal predators in this species. The largest numbers of birds were present and vocalizing at the colony on calm moonless nights. Weather conditions explained a substantial proportion of the night to night variability in murrelet activity. Among weather variables, wind speed had the most consistent effect and was particularly important in 1985. Both short-term, i.e., of a particular night, and long-term, i.e., over the previous 3 days, conditions influenced activity. Our observations suggest that direct weather effects at the colony may be more important than weather effects related to foraging conditions. Interyear differences in activity may have resulted from the interaction of weather and general foraging conditions.

scholarly journals The Importance of Murabaha in Long-Term Finance Programs in the Islamic Banking Industry

1999 ◽  
Vol 16 (4) ◽  
pp. 87-102
Author(s):  
Yousif Ashour
Keyword(s):  
Banking Industry ◽  
The Other ◽  
Islamic Finance ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Two Sides

Since the start of the Islamic banking industry many questions have been raised about Islamic finance policies used by Islamic banks and lheir long-term finance programs. The most interesting questions on Islamic finance policies are lhose related to murabaha finance. The argumenl concerning murabaha has two sides, one for and the other against. The questions normally are concentrated on whether Islamic banks should use murabaha in their finance, and whether Islamic banks heavily depend on it in their finance. The aim of this article is to exam­ine the importance of murabaha compared to other Islamic finance policies in long-term finance programs in the Islamic banking industry. The article suggests that musharaka and mudaraba are as important as murabaha in financing long-term programs in the Islamic banking industry.

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