Article Per Year (5 Year)
p-Index From 2020 - 2025
0.408
P-Index
This Author published in this journals
All Journal Politik Indonesia: Indonesian Political Science Review Journal of Central Banking Law and Institutions
Margani, Mahanani
Unknown Affiliation
Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Social Sciences

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
Time-Varying Correlation Between Stock and Government Bond in Asia: Flight-to-Quality Margani, Mahanani; Husodo, Zaafri Ananto
Jurnal Politik Indonesia: Indonesian Political Science Review Vol 7, No 2 (2022): Politics and Business
Publisher : Political Science Program, Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/ipsr.v7i2.37838

Abstract

This study aims to provide an overview of how the relationship between stock and bond market in Asia when a crisis occurs (in this case the 2008 global crisis and the COVID-19 pandemic) using the DCC-GARCH method to prove the flight-to-quality phenomenon in Asia (China, Japan, Indonesia, Singapore, Malaysia, Thailand, and India). The results showed that during the 2008 global crisis, the flight-to-quality phenomenon happened in Thailand where the correlation between stock returns and government bonds in that country became increasingly negative during the crisis period, indicating that there was a shift in investment from stocks to government bonds. In addition, this research also proved that during the COVID-19 pandemic, the flight-to-quality phenomenon was also proven to occur in Malaysia.
THE PRESENCE OF COMMERCIAL BANKS IN METAVERSE’S FINANCIAL ECOSYSTEM: OPPORTUNITIES AND RISKS Raffi Hasta Anggara, Muhammad; Davie, M. Reihan; Margani, Mahanani; Aristyana D, Made Ayu; Aulia, Mahdiah
Journal of Central Banking Law and Institutions Vol. 1 No. 3 (2022)
Publisher : Bank Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21098/jcli.v1i3.28

Abstract

The metaverse has been widely discussed as it is believed will affect almost every sector, one of those is the financial sector. The financial sector developed in the metaverse will likely be based on decentralized finance and blockchain technology, the latter of which is the primary source of the development of cryptocurrency and stable coins. Other than cryptocurrency and stable coins, CBDC is also predicted to emerge as one of the payment instrument options used in the metaverse. The presence of these technologies has formed the unique financial ecosystem in metaverse, differentiating it from the existing ecosystem which is characterized as centralized and traditionalfinance. The recently developed Meta Fi has created the question of whether commercial banks, as one of the most important financial institutions in the current financial ecosystem, will be able to penetrate and keep its relevance in the Meta Fi. This research will attempt to answer this question by explaining Meta Fi, its characteristics, and how commercial banks could co-exist alongside blockchain-based service in Metaverse.
Co-Authors Aristyana D, Made Ayu Aulia, Mahdiah Davie, M. Reihan Egi Arvian Firmansyah, Egi Arvian Husodo, Zaafri Ananto Layyinaturrobaniyah Layyinaturrobaniyah Raffi Hasta Anggara, Muhammad Ratna Komara, Ratna