Article Per Year (5 Year)
p-Index From 2021 - 2026
0.61
P-Index
This Author published in this journals
All Journal Shirkah: Journal of Economics and Business Jurnal Kebijakan Ekonomi
Soesilo, Nining I
Unknown Affiliation
Economics, Econometrics & Finance Energy Environmental Science Public Health Social Sciences

Published : 3 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 3 Documents
Search

 1 
Advocacy Coalition Framework of Ultra Micro Loan Policymaking in Indonesia Soesilo, Nining I
Shirkah: Journal of Economics and Business Vol 6, No 1 (2021)
Publisher : IAIN Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1441.68 KB) | DOI: 10.22515/shirkah.v6i1.412

Abstract

Advocating the Ultra Micro-lending concept of Indonesia's Ministry of Finance in 2017 was a tumultuous nine-year process. The present paper aims to examine the Ultra Micro-lending (UMi) program conducted by the Ministry of Finance of Republic of Indonesia using Advocacy Coalition Framework. This paper showed that Advocacy Coalition Framework could moderate the interest groups' disagreement through seven steps as follows. First, relatively stable parameters of poverty need alleviation using better financial access with empowerment. Second, the external system is inspired by Grameen Bank as the winner of the Nobel Peace Prize. Third, removing constraints and resources of subsystem actors from the internal Ministry of Finance and the Parliaments. Fourth, creating consensus for getting the Ministry of Bureaucratic Reform's permit. Fifth, policy subsystem that coalesces the need of market-rate and subsidized rate to cater to 46.7 million grassroots entrepreneurs as a 'win-win' arrangement to complement the bank-based People's Business Credit (KUR). Sixth, policy outputs as the legal product of the UMi with a 7 Trillion State budget. Seventh, policy impact's measurement after one year piloting before UMi's scaling up. This paper has a significant contribution to enhancing the efficacy of UMi program, and as a continuous effort to ensure the economic development of the country.
Peran Pemerintah Indonesia dalam Menyikapi Pola Perilaku Herd Investor di Pasar Obligasi Pemerintah pada 5 Negara ASEAN Mugiharto, Rahmanul Yusuf; Soesilo, Nining I
Jurnal Kebijakan Ekonomi Vol. 18, No. 2
Publisher : UI Scholars Hub

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study aims to determine the pattern of investor behavior using the Cross Sectional Absolute Deviation (CSAD) method with daily data yield of 10Year SUN for the period January 2007 to October 2020 and 10Year Sukuk for the period January 2013 – October 2020. The study shows that herd investors for SUN instruments are influenced by yields on the EMA associated with the economic crisis and yields on UST are associated with SUN ratings. Another factor is the use of appreciation and criticism variables that have an impact on the yield of SUN and Sukuk. The two instruments are complementary instruments in the SBN market, so the role of the Indonesian government is very important to address the behaviour patterns of herd investors in the government bond market.
Dampak Kebijakan Uang Muka pada Pertumbuhan Kredit Kendaraan Bermotor Perbankan Ardini, Dita; Soesilo, Nining I
Jurnal Kebijakan Ekonomi Vol. 18, No. 1
Publisher : UI Scholars Hub

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Macroprudential policies are increasingly being used in various countries after the global financial crisis in 2008. One of the macroprudential policies in Indonesia is the motor vehicle loan down payment policy. This study discusses the impact of the down payment policy on the growth of banking motor vehicle loans in Q1 2011 to Q4 2019. Using the fixed effect model method, the study was conducted on all banks that provided motor vehicle loans during the study period. The results indicate that down payment policy has significant impact on the growth of banking motor vehicle loans. The growth of motor vehicle loans decreases when the down payment policy is tightened and increases when the down payment policy is eased.
Co-Authors Ardini, Dita Mugiharto, Rahmanul Yusuf