Hasil Pencarian  ::  Simpan CSV :: Kembali

"Penelitian ini bertujuan untuk mengetahui dampak jaringan politik pada perusahaan terhadap biaya utang perusahaan yang terdaftar di Bursa Efek Indonesia Temuan dalam penelitian ini adalah jaringan politik dalam perusahaan secara signifikan berpengaruh positif terhadap biaya utang yang dibayarkan perusahaan Penjelasan dari temuan ini memperkuat teori bahwa terjadi inefisiensi pada perusahaan dengan jaringan politik yang berdampak pada kinerja yang lebih rendah dan meningkatkan persepsi resiko kreditor Hal ini diperkuat dengan temuan bahwa perusaan dengan jaringan politik memiliki 1 tingkat leverage lebih tinggi 2 pertumbuhan lebih rendah 3 kemungkinan mengalami kerugian lebih tinggi 4 kemungkinan mengalami ekuitas negatif lebih tinggi.

---

This research aims to investigate the impact of political connection to the cost of debt of Indonesian listed companies The main finding of this research includes a significant positive relation between politically connected firms and their cost of debt The findings of this research support the existing theory that politically connected firms tend to be inefficient This inefficiency affect firms performance and increase the risk perception of creditors We also find that politically connected firms have a significantly 1 Higher extent of leverage 2 Lower growth rate 3 Higher likelihood of reporting a loss 4 Higher likelihood of having a negative equity "

"This book provides a state-of-the art overview on the major approaches in high-frequency econometrics, including univariate and multivariate autoregressive conditional mean approaches for different types of high-frequency variables, intensity-based approaches for financial point processes and dynamic factor models. It discusses implementation details, provides insights into properties of high-frequency data as well as institutional settings and presents applications to volatility and liquidity estimation, order book modelling and market microstructure analysis.;This book provides a state-of-the art overview on the major approaches in high-frequency econometrics, including univariate and multivariate autoregressive conditional mean approaches for different types of high-frequency variables, intensity-based approaches for financial point processes and dynamic factor models. It discusses implementation details, provides insights into properties of high-frequency data as well as institutional settings and presents applications to volatility and liquidity estimation, order book modelling and market microstructure analysis."

"Penelitian ini bertujuan melihat respon kebijakan moneter dalam penerapan dual monetary policy terhadap dua indikator penting dalam makro ekonomi, yaitu inflasi dan pengangguran. Selain itu, penelitian ini juga mengungkapkan relevansi kurva Phillips di Indonesia. Metode yang digunakan adalah Vector Autoregressive VAR dengan data bulanan pada periode Februari 2005 hingga Oktober 2016 untuk model pertama, dan data semesteran pada periode Februari 2005 hingga Agustus 2017 untuk model kedua. Hasilnya menunjukkan kebijakan moneter telah tepat merespon masalah inflasi dan pengangguran. Inflasi mendapatkan respon yang lebih besar dibandingkan pengangguran, hal ini mengkonfirmasi kerangka kebijakan yang digunakan oleh Bank Indonesia adalah Inflation Targeting. Namun, kondisi ini tidak ideal dalam pandangan ekonomi Islam karena belum seimbang dalam mengatasi permasalahan inflasi dan pengangguran secara bersamaan. Kemudian, Bank Indonesia mempertimbangkan aspek ekspektasi inflasi dari acuan konvensional maupun Islam. Terakhir, konsep kurva Phillips terbukti tidak relevan di Indonesia.

---

This study aims to see monetary policy response in the implementation of the dual monetary policy to two important indicators in the macroeconomy, namely inflation and unemployment. In addition, this study also reveals the relevance of the Phillips curve in Indonesia. The method used is Vector Autoregressive VAR with monthly data from February 2005 to October 2016 for the first model, and semi annual data from February 2005 to August 2017 for the second model.

The result shows that monetary policy has responded appropriately to the problem of inflation and unemployment. Inflation gets a bigger response than unemployment, confirming the policy framework used by Bank Indonesia is Inflation Targeting. However, this condition is not ideal in view of Islamic economics because it has not balanced in overcoming the problems of inflation and unemployment simultaneously. Then, Bank Indonesia considers the inflation expectations aspect of both conventional and Islamic references. Finally, the concept of the Phillips curve proved irrelevant in Indonesia."