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Journal : International Conference on Islamic Studies

The Relationship of Vaccination with the Effectiveness of Covid-19 Control Policies in Indonesia Junaedi, Dedi; Norman, Efrita; Arsyad, M. Rizal; Salistia, Faisal; Hadi, Sholikul
International Conference on Islamic Studies Vol. 2 No. 1 (2021): The 2nd International Conference on Islamic Studies (ICoIS)
Publisher : Sekolah Tinggi Agama Islam Darul Ulum Banyuanyar Pamekasan

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Abstract

This study aims to analyze the relationship between vaccination and the effectiveness of policies to overcome the Covid-19 pandemic in Indonesia. The quantitative analysis method with a dummy variable multiple regression approach was used to examine the vaccination times series data, cases, deaths and recoveries of Covid-19 patients for the period December 2020 – August 2021. The results show vaccination (especially dose 2) and the PPKM policy (Enforcement of Restrictions on Community Activities). have a significant impact on increasing cases, deaths and recoveries of Covid-19. Every 1,000 doses of vaccination has the potential to add 59 recovered patients, 46 new cases and 2 deaths. The impact on recovery is relatively higher than the impact on additional cases and deaths. A similar trend occurs when considering the impact of PPKM policies (micro, emergency and levels 1-4) on the increase in recovery, which is relatively higher than the similar impact on the rate of increase in cases and deaths. The impact on increasing cases and deaths can be said to be a risk that needs to be considered in future policy implementation.
The Impact of the Covid-19 Pandemic on Indonesia's Monetary Stability Junaedi, Dedi; Norman, Efrita; Romli, Moh; Salistia, Faisal
International Conference on Islamic Studies Vol. 1 No. 1 (2020): The 1st International Conference on Islamic Studies (ICIS)
Publisher : Sekolah Tinggi Agama Islam Darul Ulum Banyuanyar Pamekasan

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Abstract

This study aims: (1) to analyze the effects of the pandemic and the differences in policies in handling the Covid-19 pandemic on Indonesia's monetary stability; (2) to analyze the effect of money supply, BI-rate, market operations, stock index on Indonesia's monetary stability. This study uses quantitative analysis methods with multiple dummy variable regression. As a result, the number of pandemic cases and differences in policies had a significant effect on the stability of the rupiah. Simultaneously, the stability of the rupiah exchange rate is influenced by pandemic variables (cases, deaths, recovery and pandemic management policies, money supply (M1, M2), market operations (conventional and sharia), reference interest rates (BI-rate), inflation rate. foreign exchange reserves, financial stock index. These independent variables are correlated with the rupiah exchange rate with a correlation coefficient of R2 0.927073. The pandemic management policy, whatever its name, tends to weaken the rupiah exchange rate position. the exchange rate of the rupiah, meanwhile the formation of a task force had a lighter impact on pressing the rupiah compared to other policies.