Indonesian Stock Market Reaction: Effects of Uncertainty Policy Shocks in the United States and China
The purpose of this study is to examine and analyze the effect of economic policy uncertainty US and China on the Indonesian stock market. The data uses time series, from January 2000-July 2022. The methods used are the Structural Vector Error Correction Model (SVECM). The results show that the unce...
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| Format: | Article |
| Language: | English |
| Published: |
Jurusan Ekonomi Pembangunan Fakultas Ekonomi Universitas Sriwijaya
2023-07-01
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| Series: | Jurnal Ekonomi Pembangunan |
| Subjects: | |
| Online Access: | https://ejournal.unsri.ac.id/index.php/jep/article/view/20658 |
| _version_ | 1797785068544983040 |
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| author | Rilmia Oktavian Alvin Sugeng Prasetyo |
| author_facet | Rilmia Oktavian Alvin Sugeng Prasetyo |
| author_sort | Rilmia Oktavian |
| collection | DOAJ |
| description | The purpose of this study is to examine and analyze the effect of economic policy uncertainty US and China on the Indonesian stock market. The data uses time series, from January 2000-July 2022. The methods used are the Structural Vector Error Correction Model (SVECM). The results show that the uncertainty of the US and China's economic policies has a negative and significant effect on the Indonesian stock market. The response of Indonesian stock market responded negatively to the economic policy uncertainties of the US and China. The results of the study show that the uncertainty of the US and China's economic policies has a negative and significant effect on the Indonesian stock market. The response of Indonesian stock market responded negatively to the economic policy uncertainties of the United States and China. The results of the study show that the uncertainty of the US and China's economic policies has a negative and significant effect on the Indonesian stock market. Indonesian stock market responded negatively to the economic policy uncertainties of the United States and China. |
| first_indexed | 2024-03-13T00:48:54Z |
| format | Article |
| id | doaj.art-ed3a707260a744d5901da81ea9e2741c |
| institution | Directory Open Access Journal |
| issn | 1829-5843 2685-0788 |
| language | English |
| last_indexed | 2024-03-13T00:48:54Z |
| publishDate | 2023-07-01 |
| publisher | Jurusan Ekonomi Pembangunan Fakultas Ekonomi Universitas Sriwijaya |
| record_format | Article |
| series | Jurnal Ekonomi Pembangunan |
| spelling | doaj.art-ed3a707260a744d5901da81ea9e2741c2023-07-08T07:57:05ZengJurusan Ekonomi Pembangunan Fakultas Ekonomi Universitas SriwijayaJurnal Ekonomi Pembangunan1829-58432685-07882023-07-01211698610.29259/jep.v21i1.206587072Indonesian Stock Market Reaction: Effects of Uncertainty Policy Shocks in the United States and ChinaRilmia Oktavian0Alvin Sugeng Prasetyo1Trunojoyo Madura UniversityTrunojoyo Madura UniversityThe purpose of this study is to examine and analyze the effect of economic policy uncertainty US and China on the Indonesian stock market. The data uses time series, from January 2000-July 2022. The methods used are the Structural Vector Error Correction Model (SVECM). The results show that the uncertainty of the US and China's economic policies has a negative and significant effect on the Indonesian stock market. The response of Indonesian stock market responded negatively to the economic policy uncertainties of the US and China. The results of the study show that the uncertainty of the US and China's economic policies has a negative and significant effect on the Indonesian stock market. The response of Indonesian stock market responded negatively to the economic policy uncertainties of the United States and China. The results of the study show that the uncertainty of the US and China's economic policies has a negative and significant effect on the Indonesian stock market. Indonesian stock market responded negatively to the economic policy uncertainties of the United States and China.https://ejournal.unsri.ac.id/index.php/jep/article/view/20658china's economic policy uncertainty, united states economic policy uncertainty, svecm, indonesian stock market, time series data |
| spellingShingle | Rilmia Oktavian Alvin Sugeng Prasetyo Indonesian Stock Market Reaction: Effects of Uncertainty Policy Shocks in the United States and China Jurnal Ekonomi Pembangunan china's economic policy uncertainty, united states economic policy uncertainty, svecm, indonesian stock market, time series data |
| title | Indonesian Stock Market Reaction: Effects of Uncertainty Policy Shocks in the United States and China |
| title_full | Indonesian Stock Market Reaction: Effects of Uncertainty Policy Shocks in the United States and China |
| title_fullStr | Indonesian Stock Market Reaction: Effects of Uncertainty Policy Shocks in the United States and China |
| title_full_unstemmed | Indonesian Stock Market Reaction: Effects of Uncertainty Policy Shocks in the United States and China |
| title_short | Indonesian Stock Market Reaction: Effects of Uncertainty Policy Shocks in the United States and China |
| title_sort | indonesian stock market reaction effects of uncertainty policy shocks in the united states and china |
| topic | china's economic policy uncertainty, united states economic policy uncertainty, svecm, indonesian stock market, time series data |
| url | https://ejournal.unsri.ac.id/index.php/jep/article/view/20658 |
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