Forecasting Interest Rate of Bank Indonesia Certificate Based on Multivariate Fuzzy Time Series Data
The aim of this research is to establish a model for forecasting interest rate of Bank Indonesia Certificate (BIC)based on six-factors one-order fuzzy time series data where the main factor is interest rate of BIC and thesecondary factors are interest rate of deposit, exchange rate, deposit supply,...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Fakultas MIPA Universitas Jember
2010-07-01
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| Series: | Jurnal Ilmu Dasar |
| Subjects: | |
| Online Access: | https://jurnal.unej.ac.id/index.php/JID/article/view/99 |
| _version_ | 1818290274343845888 |
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| author | Agus Maman Abadi Subanar Subanar Widodo Widodo Samsubar Saleh |
| author_facet | Agus Maman Abadi Subanar Subanar Widodo Widodo Samsubar Saleh |
| author_sort | Agus Maman Abadi |
| collection | DOAJ |
| description | The aim of this research is to establish a model for forecasting interest rate of Bank Indonesia Certificate (BIC)based on six-factors one-order fuzzy time series data where the main factor is interest rate of BIC and thesecondary factors are interest rate of deposit, exchange rate, deposit supply, inflation rate and money supply.Steps to forecasting interest rate of BIC are based on Wang’s method. The result of this research is thatprediction of interest rate of BIC using multivariate fuzzy time series model has higher accuracy than that usingneural network method with average forecasting error 3.1256% and MSE value = 0.2699. |
| first_indexed | 2024-12-13T02:25:34Z |
| format | Article |
| id | doaj.art-facdcc7fa23047a99ec71f4af0a1b4f4 |
| institution | Directory Open Access Journal |
| issn | 1411-5735 2442-5613 |
| language | English |
| last_indexed | 2024-12-13T02:25:34Z |
| publishDate | 2010-07-01 |
| publisher | Fakultas MIPA Universitas Jember |
| record_format | Article |
| series | Jurnal Ilmu Dasar |
| spelling | doaj.art-facdcc7fa23047a99ec71f4af0a1b4f42022-12-22T00:02:38ZengFakultas MIPA Universitas JemberJurnal Ilmu Dasar1411-57352442-56132010-07-0111220521199Forecasting Interest Rate of Bank Indonesia Certificate Based on Multivariate Fuzzy Time Series DataAgus Maman Abadi0Subanar Subanar1Widodo Widodo2Samsubar Saleh3Jurusan Pendidikan Matematika, FMIPA Universitas Negeri YogyakartaJurusan Matematika, FMIPA Universitas Gadjah Mada YogyakartaJurusan Matematika, FMIPA Universitas Gadjah Mada YogyakartaJurusan Ilmu Ekonomi, Fakultas Ekonomika dan Bisnis Universitas Gadjah Mada YogyakartaThe aim of this research is to establish a model for forecasting interest rate of Bank Indonesia Certificate (BIC)based on six-factors one-order fuzzy time series data where the main factor is interest rate of BIC and thesecondary factors are interest rate of deposit, exchange rate, deposit supply, inflation rate and money supply.Steps to forecasting interest rate of BIC are based on Wang’s method. The result of this research is thatprediction of interest rate of BIC using multivariate fuzzy time series model has higher accuracy than that usingneural network method with average forecasting error 3.1256% and MSE value = 0.2699.https://jurnal.unej.ac.id/index.php/JID/article/view/99fuzzy setfuzzy time seriesforecastinginterest rate of bic |
| spellingShingle | Agus Maman Abadi Subanar Subanar Widodo Widodo Samsubar Saleh Forecasting Interest Rate of Bank Indonesia Certificate Based on Multivariate Fuzzy Time Series Data Jurnal Ilmu Dasar fuzzy set fuzzy time series forecasting interest rate of bic |
| title | Forecasting Interest Rate of Bank Indonesia Certificate Based on Multivariate Fuzzy Time Series Data |
| title_full | Forecasting Interest Rate of Bank Indonesia Certificate Based on Multivariate Fuzzy Time Series Data |
| title_fullStr | Forecasting Interest Rate of Bank Indonesia Certificate Based on Multivariate Fuzzy Time Series Data |
| title_full_unstemmed | Forecasting Interest Rate of Bank Indonesia Certificate Based on Multivariate Fuzzy Time Series Data |
| title_short | Forecasting Interest Rate of Bank Indonesia Certificate Based on Multivariate Fuzzy Time Series Data |
| title_sort | forecasting interest rate of bank indonesia certificate based on multivariate fuzzy time series data |
| topic | fuzzy set fuzzy time series forecasting interest rate of bic |
| url | https://jurnal.unej.ac.id/index.php/JID/article/view/99 |
| work_keys_str_mv | AT agusmamanabadi forecastinginterestrateofbankindonesiacertificatebasedonmultivariatefuzzytimeseriesdata AT subanarsubanar forecastinginterestrateofbankindonesiacertificatebasedonmultivariatefuzzytimeseriesdata AT widodowidodo forecastinginterestrateofbankindonesiacertificatebasedonmultivariatefuzzytimeseriesdata AT samsubarsaleh forecastinginterestrateofbankindonesiacertificatebasedonmultivariatefuzzytimeseriesdata |