PENGARUH SEKTOR MONETER TERHADAP STABILITAS SISTEM KEUANGAN DI INDONESIA

Sera Novella, Syofriza Syofyan

Abstract


The Research aims to determine whether there is influence of the monetary sector on financial system stability (SKK) in Indonesia. The method used in this study is the error corrections model (ECM) method. The data used in the study are Credit, Foreign Direct Investments, Portfolio Investment and Gross Domestic Product, Net Performing Loans, Exchange Rates, Inflation and Bi Rate. The results showed that foreign direct investment instruments, net performing loans, exchange rates and inflation affect the stability of the financial system in Indonesia. Then simultaneously the four independent variables significantly influence the stability of the financial system in Indonesia in the long run. Bi rate and partially portfolio investment variables do not significantly influence the stability of the financial system in Indonesia. The policy implication of these results is that every investment that enters Indonesia must be properly signed and the capital inflow must be right on target and directly distributed to the projects to be built or to the intended industry, so there is no excess liquidity in the banking

Keywords


Financial System Stability; Capital Flows; Net Performing Loan; Kurs; Inflation; BI rate, Error Corrections Model

Full Text:

PDF

Article Metrics

Abstract views : 96| PDF views : 0

References


Arisandi, D. (2008). Analisis Faktor Penawaran Kredit Pada Bank Umum di Indonesia. Retrieved from https://www.researchgate.net/publication/277838312_ANALISIS_FAKTOR_PENAWARAN_KREDIT_PADA_BANK_UMUM_DI_INDONESIA%0A

Bahri, S. (2013). Analisis Pengaruh Faktor-faktor Variabel Moneter Tehadap Total Kredit Perbankan di Indonesia. Fakutas ILmu Ekonomi DanBisnis Universitas Syarif Hidayatullah.

Ditria, Y., Vivian, J., & Widjaja, I. (2008). Pengaruh Tingkat Suku Bunga, Nilai Tukar Rupiah dan Jumlah Ekso teradap Tingkat Kredit Pebankan. Journal of Applied Finance and Accounting, 1(6), 166–192.

Haryati, S. (2009). Pertumbuhan Kredit Perbankan Di Indonesia : Intermediasi Dan Pengaruh Variabel Makro Ekonomi. Keuangan Dan Perbankan, 13(2), 299–310.

Karim, AA. (2007). Ekonomi Mikro Islami. Yogyakarta: Raja Grafindo Persada.

Karim, Adiwarman. (2002). konomi Islam: Suatu Kajian Ekonomi Makro:III Indonesia.

Kuncoro, M. (2003). metode riset untuk bisnis dan ekonomi. Jakarta: Erlangga.

M Sun’an, D. K. (2007). Faktor Faktor Yang Mempengaruhi Penyaluran Kredit Investasi di Indonesia - ,,. Jurnal Keuangan Dan Perbankan, XI.

Nizar, M. A. (2007). The Implications of the Capital Inflows on Indonesian Economy. Kajian Ekonomi Dan Keuangan, 11(3), 130–155. Retrieved from https://ideas.repec.org/p/pra/mprapa/65905.html

Nopirin. (1990). Ekonomi Moneter (1, ed.). Yogyakarta: BPEF.

Nugraha. (2007). Respon Suku Bunga dan Kredit Bank Di Bali Terhadap Kebijakan Moneter Bank Indonesia.

Penalver. (2003). Capital flow and macroeconomic stability in indonesia.

Permatasari, I., & Novitasary, R. (2014). Pengaruh Implementasi Good Corporate Governance terhadap Permodalan dan Kinerja Perbankan di Indonesia: Manajemen Risiko Sebagai Variabel Intervening. Jurnal Ekonomi Kuantitatif Terapan, 7(1), 52–59.

Pratama, B. A. (2010). Analisis Faktor-Fakor yang Mempengaruhi Kebijakan Penyaluran Kredit Perbankan. Universitas Diponegoro.

Soedarto, M. (2004). Analisis Faktor-faktor yang Mempengenaruhi Penyaluran Kredit pada Bank Perkreditan Rakyat (Stud Kasus pada BPR di WilayahKerja BI Semarang). Universitas Diponegoro.




DOI: http://dx.doi.org/10.25105/me.v26i2.5211

Refbacks

  • There are currently no refbacks.


Copyright (c) 2019 Media Ekonomi

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

 

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

 

View My Stats