ANALISIS RESPONSIVITAS BURSA SYARIAH OLEH VARIABEL MAKRO EKONOMI
<p>The objectives of this study are to analyze the stock response<br />because of M2, exchange rate Rupiah to Dollar and Rate of SBI. The data used in this study is monthly time series data from January 2006-May 2012. Those variabels are JII, M2, exchange rate Rupiah to Dollar and Rate o...
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| Format: | Article |
| Language: | English |
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Syarif Hidayatullah State Islamic University of Jakarta
2016-02-01
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| Series: | Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah |
| Subjects: | |
| Online Access: | http://journal.uinjkt.ac.id/index.php/iqtishad/article/view/2548 |
| _version_ | 1811339156385693696 |
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| author | Yoghi Citra Pratama |
| author_facet | Yoghi Citra Pratama |
| author_sort | Yoghi Citra Pratama |
| collection | DOAJ |
| description | <p>The objectives of this study are to analyze the stock response<br />because of M2, exchange rate Rupiah to Dollar and Rate of SBI. The data used in this study is monthly time series data from January 2006-May 2012. Those variabels are JII, M2, exchange rate Rupiah to Dollar and Rate of SBI. Research method used in this study is Vector Error Correction Model (VECM). The cointegration test indicates that among research variabels there is long term equilibrium and simultaneous relationship. The Empirical result of Impulse Response show that the effect of SBI discount rate and M2 is negative and the effect of exchange rate is positive. The result on variance decomposition test, show that the most effect of JII shock is influenced by JII itself.</p><p>DOI: <a href="http://dx.doi.org/10.15408/aiq.v4i2.2548">10.15408/aiq.v4i2.2548</a></p> |
| first_indexed | 2024-04-13T18:22:01Z |
| format | Article |
| id | doaj.art-d488eff308a54490bc804d90216b85c6 |
| institution | Directory Open Access Journal |
| issn | 2087-135X 2407-8654 |
| language | English |
| last_indexed | 2024-04-13T18:22:01Z |
| publishDate | 2016-02-01 |
| publisher | Syarif Hidayatullah State Islamic University of Jakarta |
| record_format | Article |
| series | Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah |
| spelling | doaj.art-d488eff308a54490bc804d90216b85c62022-12-22T02:35:25ZengSyarif Hidayatullah State Islamic University of JakartaAl-Iqtishad: Jurnal Ilmu Ekonomi Syariah2087-135X2407-86542016-02-014210.15408/aiq.v4i2.25482057ANALISIS RESPONSIVITAS BURSA SYARIAH OLEH VARIABEL MAKRO EKONOMIYoghi Citra Pratama0Syarif Hidayatullah State Islamic University of Jakarta<p>The objectives of this study are to analyze the stock response<br />because of M2, exchange rate Rupiah to Dollar and Rate of SBI. The data used in this study is monthly time series data from January 2006-May 2012. Those variabels are JII, M2, exchange rate Rupiah to Dollar and Rate of SBI. Research method used in this study is Vector Error Correction Model (VECM). The cointegration test indicates that among research variabels there is long term equilibrium and simultaneous relationship. The Empirical result of Impulse Response show that the effect of SBI discount rate and M2 is negative and the effect of exchange rate is positive. The result on variance decomposition test, show that the most effect of JII shock is influenced by JII itself.</p><p>DOI: <a href="http://dx.doi.org/10.15408/aiq.v4i2.2548">10.15408/aiq.v4i2.2548</a></p>http://journal.uinjkt.ac.id/index.php/iqtishad/article/view/2548sharia stockmacro economicSBI |
| spellingShingle | Yoghi Citra Pratama ANALISIS RESPONSIVITAS BURSA SYARIAH OLEH VARIABEL MAKRO EKONOMI Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah sharia stock macro economic SBI |
| title | ANALISIS RESPONSIVITAS BURSA SYARIAH OLEH VARIABEL MAKRO EKONOMI |
| title_full | ANALISIS RESPONSIVITAS BURSA SYARIAH OLEH VARIABEL MAKRO EKONOMI |
| title_fullStr | ANALISIS RESPONSIVITAS BURSA SYARIAH OLEH VARIABEL MAKRO EKONOMI |
| title_full_unstemmed | ANALISIS RESPONSIVITAS BURSA SYARIAH OLEH VARIABEL MAKRO EKONOMI |
| title_short | ANALISIS RESPONSIVITAS BURSA SYARIAH OLEH VARIABEL MAKRO EKONOMI |
| title_sort | analisis responsivitas bursa syariah oleh variabel makro ekonomi |
| topic | sharia stock macro economic SBI |
| url | http://journal.uinjkt.ac.id/index.php/iqtishad/article/view/2548 |
| work_keys_str_mv | AT yoghicitrapratama analisisresponsivitasbursasyariaholehvariabelmakroekonomi |