Hasil Pencarian  ::  Simpan CSV :: Kembali

"Studi ini bertujuan untuk mengetahui dampak kebijakan fiskal di Indonesia dan perbedaannya dalam 2 periode: Periode I (1993Q1-2018Q4), yang mencakup Krisis Keuangan Asia dan Krisis Keuangan Global, dan Periode II (2019M1-2021M12), yang mencakup Krisis Pandemi COVID-19. Penelitian ini menggunakan model Structural Vector Autoregression (SVAR) yang dikembangkan oleh Perotti (2004), yang menggunakan restriksi berdasarkan informasi institutional mengenai sistem penganggaran pemerintah. Hasil analisis menyimpulkan bahwa: 1) perubahan kebijakan fiskal mempengaruhi PDB secara signifikan di kedua periode; 2) pergerakan dinamis dari PDB lebih banyak dipengaruhi oleh kebijakan belanja, dibandingkan kebijakan pendapatan; 3) kebijakan fiskal, khususnya pendapatan, lebih banyak mempengaruhi inflasi di Periode II; 4) kebijakan fiskal memiliki peranan yang sangat kecil dalam mempengaruhi tingkat suku bunga.

---

This study aims to know the effects of fiscal policy shock in Indonesia and investigate the differences within two periods: Period I (1993Q1-2018Q4), which include the Asian Financial Crisis and the Global Financial Crisis, and Period II (2019M1-2021M12), which include the COVID-19 Pandemic crisis. This study uses Structural Vector Autoregression (SVAR) model, developed by Perotti (2004), which determine the restrictions based on institutional information of government budget system. This study concludes that: 1) shocks on fiscal policies significantly affect GDP in both periods; 2) the dynamic movement of GDP is more influenced by government spending than government revenue; 3) fiscal policy, especially revenue, has greater influences on inflation in Period II; 4) fiscal policy has minor role in affecting the interest rate."

"This paper studies the effect of domestic and foreign macroeconomy performances on the foreign direct investment (PMA) in Indonesia, employing descriptive and inferencial (econometric model) analyses. The national economic growth and national interest rate affect significantly PMA in Indonesia. While the national inflation rate positively -effected on PMA, but results show that hyperinflation contributes to decreasing PMA. The macroeconomic improvement in some _competitor countries, especially Chinese and Thailand tends to decrease PMA in Indonesia. However, the improvement of macroeconomies in Singapore and Malaysia can increase PMA in Indonesia. Therefore, bilateral relationship with these countries must be intensified. In addition, although the economic growth of some More Developed Countries (MDCs) has positive relationship with PMA in Indonesia, but their effect were not significant statistically, except Canada. This implies that global finance crisis, especially in USA and european countries would not largely effect on PMA in Indonesia."

"ABSTRACTThis research aims to analyze the relationships and effects of macroeconomic indicator variable and financial ratio on non performing financing (NPF) of sharia commercial banks in Indonesia. Data used in this research is obtained from Bank Indonesia, Central Bureau of Statistics (BPS), and Financial Services Authority (OJK). This research uses time series data from January 2010 to August 2016. This research method uses quantitative method by VAR approach through eviews program. This research showed that there was no long-run equilibrium relationship between variables of NPF, inflation, exchange rate, FDR, CAR and OER. Besides, all independent variables simultaneously affected NPF variable. Based on variable contribution on NPF shock, macroeconomic indicator variables contributed on NPF shock were inflation and exchange rate, meanwhile financial ratio variables contributed on NPF shock were CAR and OER. Seen from NPF response, only CAR variable was responded positively in the early period, meanwhile other variables were responded negative and fluctuatingly. The effects of each variable on NPF were temporary since those effects would vanish after an over-five month period. Based on causality test, there was only a one-way relationship from FDR to OER."

"ABSTRAKTujuan penelitian ini adalah untuk menguji pengaruh indikatormakroekonomi dan karakteristik spesific-firm terhadap profitabilitas bank syariahdi Asia periode 2008-2012. Indikator makroekonomi berupa GDP growth danInflasi, sedangkan karakteristik specific firm berupa leverage, capitalization,operating expense, asset quality, number of branch, dan firm size. Profitabilitasbank diukur dengan ROA dan ROE. Metode regresi menggunakan Least SquaresMethod (LSM) untuk mengolah jenis data unbalanced panel dan balanced panel.Hasil penelitian menunjukkan determinan yang mempengaruhi ROAsecara positif signifikan adalah capital, firm size, GDP growth, dan inflasi,sementara determinan yang mempengaruhi ROA secara negatif signifikan adalahleverage dan operating expense. Asset quality dan number of branch tidakberpengaruh signifikan terhadap ROA. Faktor determinan yang mempengaruhiROE secara positif signifikan adalah capital, number of branch, GDP growth, daninflasi, sementara determinan yang mempengaruhi ROE secara negatif signifikanadalah operating expense, dan asset quality. Leverage dan firm size tidakberpengaruh signifikan terhadap ROE.

---

ABSTRACTThe purpose of this study is to examine the effect of macroeconomicindicators and firm-specific characteristics on the profitability of Islamic banks inAsia for period 2008-2012. Macroeconomic indicators using variables GDPgrowth and inflation, while the firm-specific characteristics using variablesleverage, capitalization, operating expense, asset quality, number of branches, andfirm size. Bank profitability measured by ROA and ROE. Research method usingLeast Squares Method regression (LSM) to process the data types unbalancedpanels and balanced panels.The result of this research shows that capital, firm size, GDP growth, andinflation are determinants affecting ROA with positive and significant influence,while operating expense and leverage are significantly negative determinants thataffect ROA. Asset quality and number of branches doesn’t have significantinfluence to ROA. The research also shows that determinant factors that affectROE with positive and significant influence are capital, number of branch, GDPgrowth, and inflation. While operating expense, and asset quality are determinantsthat affect significantly negative to ROE. Leverage and firm size doesn’t have asignificant influence to ROE."