Evaluation of macro-pudential policy on credit growth in Indonesia: credit registry data approach
Badara Shofi Dana;
(Faculty of Economics and Business State Islamic University (UIN) Syarif Hidayatullah, 2018)
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ABSTRACT Macro-prudential policies have an essential role in mitigating the imbalances in the financial sector that stem from procyclical credit growth. This study aims to evaluate macro-prudential policy in mitigating risk on procyclical credit growth with a registry data approach. Structural Vector Autoregression (SVAR) analysis method is used to evaluate macro-prudential policy in influencing credit growth. The results show LTV instruments can reduce credit growth but not to procyclical mitigation. Dissimilar results in the implementation of CCB and GWM + LDR instruments are capable of procyclical credit mitigation. Policies that can be done by the central bank are the establishment of an early warning system in macro-prudential policy as well as strengthening of Countercyclical Buffer (CCB), Loan to Value (LTV) instruments and Minimum Reserve Requirement + Loan Funding Ratio (GWM + LFR) in capturing systemic risks from various sources which further strengthens the assessment and surveillance. |
| No. Panggil : | 330 JETIK 17:2 (2018) |
| Entri utama-Nama orang : | |
| Penerbitan : | Jakarta: Faculty of Economics and Business State Islamic University (UIN) Syarif Hidayatullah, 2018 |
| Sumber Pengatalogan : | LibUI eng rda |
| ISSN : | 14128969 |
| Majalah/Jurnal : | Etikonomi Jurnal Ekonomi |
| Volume : | Vol. 17, No. 2 2018: hal. 199-212 |
| Tipe Konten : | text |
| Tipe Media : | unmediated |
| Tipe Carrier : | volume |
| Akses Elektronik : | |
| Institusi Pemilik : | Universitas Indonesia |
| Lokasi : | Perpustakaan UI, Lantai 4, R. Koleksi Jurnal |
| No. Panggil | No. Barkod | Ketersediaan |
|---|---|---|
| 330 JETIK 17:2 (2018) | 03-19-612523019 | TERSEDIA |
| Ulasan: |
| Tidak ada ulasan pada koleksi ini: 20497819 |
