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Implikasi Penentuan Nilai Tukar Dengan Kesimbangan Portofolio Untuk Jangka Pendek Abijoso, Kristian Coernia; Ekananda, Mahyus
Manajemen Krida Wacana vol. 4 no. 1 Januari 2004
Publisher : Manajemen Krida Wacana

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Abstract

THE DETERMINANTS OF SAVINGS IN INDONESIAN HOUSEHOLDS (USING IFLS DATA) Syofriza Syofyan; Mahjus Ekananda
Media Ekonomi Vol. 29 No. 2 (2021): Oktober
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (446.232 KB) | DOI: 10.25105/me.v29i2.10308

Abstract

The growing concern among researchers and analysts with regard to the decline in savings amounts is not without intention, interest and purpose. As saving is a personal and individual matter, an approach in which people are urged to augment their savings cannot be taken for granted. Yet while everyone has their own unique set of needs, preferences, motives and habits, this research aims to identify the typical factors that determine household saving in Indonesia. The model to test which factors are the most important is saving as a function of income, consumption, demographic status, psychological, institutional, and financial literacy. The respondents were derived from the Indonesian Family Life Survey (IFLS) from  periods 2007 and 2014. Using quantile regression, we found income to be the most significant factor for saving in 2007 followed by education attainment, employment status and past saving experience. In 2014, the most influential factors were income, risk preference, employment status, urban/rural location and disincentives for going to the bank. Access to finance may offer the potential to resolve the whole of the financial issue for both sides, the demanders and suppliers of microfinancing, both individually and institutionally
Dampak Perubahan Tarif Penalti Terhadap Kepatuhan Pajak: Bukti Kuasi Eksperimental Pada Bunga Penagihan Mukhammad Syarifuddin; Mahjus Ekananda
AKSES: Jurnal Ekonomi dan Bisnis Vol 17, No 2 (2022): AKSES: JURNAL EKONOMI DAN BISNIS
Publisher : Universitas Wahid Hasyim

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31942/akses.v17i2.7461

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Penelitian ini menganalisa dampak perubahan tarif bunga penagihan (late payment penalties) yang ditetapkan oleh Menteri Keuangan. Kami memanfaatkan peristiwa perubahan tarif bunga dari tarif sebesar 2 persen per bulan menjadi sekitar 0,50 persen per bulan sejak 2 November 2020, untuk masuk ke dalam desain regresi diskontinuitas dalam waktu (RDiT). Teori ekonomi klasik memprediksi bahwa penalti yang rendah cenderung menimbulkan perilaku tidak patuh. Namun, hasil studi ini justru menunjukkan bahwa penurunan tarif bunga penagihan berpengaruh positif signifikan terhadap respon pembayaran. Hal ini memberi simpulan bahwa kepatuhan sukarela tidak selalu linier dengan tarif penalti yang tinggi, bahkan pada kapasitas deteksi yang cenderung tetap. Perilaku wajib pajak dapat dijelaskan dengan bukti empiris yang kuat. Oleh karena itu, kami menyarankan ekstraksi dan kategorisasi basis data untuk memudahkan identifikasi dan analisis data perilaku. Hal ini akan membantu memprediksi strategi kepatuhan lain misal otomasi pembayaran tunggakan atau tindakan penagihan berdasarkan kategori resiko.  
Threshold Panel Method for Analysis of the Effect of Banking Investment Allocation on Banking Performance, A Cross Country Studies: Some OECD Countries Mahjus Ekananda
Jurnal Ekonomi Kuantitatif Terapan 2022: Vol. 15, No. 2, Agustus 2022 (pp.162-339)
Publisher : Universitas Udayana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24843/JEKT.2022.v15.i02.p02

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The direction of globalization and the integration of the financial system continues to increase in line with the trend of increasing capital flows which is the focus of discussion in this research. This study applies panel data analysis to analyze banking behavior to improve its performance. The analysis uses a linear model and a threshold model—panel data from 1991 to 2020 in 39 countries. Threshold panel regression is a non-linear model applied in this study to prove a change in the impact of independent variables that affect banking performance in specific regimes. In general, the linear model Coef.icients are as expected according to the theory. Analysis using threshold panel regression will give more profound results and higher intuition. Threshold panel regression has a smaller SSR value than the linear model. This study applies one threshold value to produce two different regimes. Changes in the impact occur at a certain threshold. Conclusively, this study finds threshold values ??for GDP growth, Concentration, Inflation, Leverage, Efficiency, and Credit Allocation. The GDP growth rate as a threshold is the most efficient model. The Coef.icients on the threshold panel regression model generally are in line with theoretical expectations. Still, some differences become the advantages of this non-linear model, revealing different economic conditions.
Dynamics Analysis of Credit Transmission on Foreign Bank Penetration in Indonesia Mahjus Ekananda
Jurnal Keuangan dan Perbankan Vol 26, No 4 (2022): OCTOBER 2022
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jkdp.v26i4.8829

Abstract

Studies explore mode penetration bank foreign in transmission credit channel in Indonesia. ARDL-PMG is used for analyzing Office Bank branch Foreign (FOB) and Foreign Acquired Banks (FAB) on data panel bank-level, using the BI-7DR Days Reverse-repo rate and JIBR as monetary policy indicators. This study uses data on individual banks classified as FBO and FAB in Indonesia. The use of the ARDL-PMG model as an alternative to solve dynamic heterogeneous panels on credit channel problems in Indonesia. The main finding of this study proves that FBO and FAB show different credit channel transmission mechanisms in response to monetary policy. Studies also show that monetary policy contraction significantly impact towards FBO and FAB in Indonesia in the long-run. This studies due to the characteristics of Foreign Bank Branch Offices that are risk averse and have higher liquidity and Foreign Acquired Banks with higher capitalization. This characteristic causes the impact of contractionary monetary policy insignificant on FBO credit growth and FAB. The research has implications for financial and banking authorities to improve supervision over credit transmission at FBO and FAB due to differences in credit channel transmission mechanisms in response to monetary policy.
Analisis Peran Peningkatan Pembayaran Nontunai dalam Memengaruhi Pertumbuhan Ekonomi Azis, Abdul; Ekananda, Mahyus
Syntax Literate Jurnal Ilmiah Indonesia
Publisher : CV. Ridwan Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (407.361 KB) | DOI: 10.36418/syntax-literate.v6i12.5033

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Adanya pergeseran dalam pola sistem pembayaran yang beralih dari pembayaran tunai menuju kepada pembayaran nontunai, menyebabkan bank Indonesia sebagai otoritas harus lebih cermat dalam mengendalikan jumlah uang beredar yang terjadi di masyarakat. Penelitian ini mengkaji pengaruh peningkatan pembayaran nontunai dalam mempengaruhi pertumbuhan ekonomi di Indonesia dengan menggunakan data bulanan pada periode 2009-2019. Penelitian ini didasarkan pada teori netralitas uang yang mengatakan bahwa peningkatan jumlah uang yang beredar hanya berpengaruh kepada variabel nominal namun tidak untuk variabel rill. Dalam melakukan pengujian hipotesis dalam penelitian ini, digunakan estimasai menggunakan metode Vektor Error Correction Model (VECM). Dalam hasil estimasi yang diperoleh, alat pembayaran nontunai dalam periode penelitian yang digunakan dengan proksi data alat pembayaran nontunai berupa nilai transaksi Bank Indonesia Real Time Gross Settlement, nilai dan volume transaksi kartu ATM/Debit, nilai dan volume transaksi kartu kredit, nilai transaksi uang elektronik, nilai transaksi cek dan nilai transaksi giro bepengaruh positif dan signifikan dalam mempengaruhi pertumbuhan ekonomi. Pengaruh pembayaran nontunai yang ditimbulkan dalam mempengaruhi pertumbuhan ekonomi berlaku dalam jangka panjang, sedangkan jangka pendek hanya beberapa alat pembayaran nontunai yang memiliki pengaruh dalam pertumbuhan ekonomi
Does Fiscal Policy Matter? A Study on Economic Crises in Indonesia Prasasti, Sri Rejeki; Ekananda, Mahjus
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 16, No 1 (2023): March 2023
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v16i1.37532

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Fiscal policy is one of the instruments used by the government in dealing with economic crises. The recent COVID-19 pandemic crisis has different characteristics from the previous ones in  Indonesia. Hence, the fiscal policy needed is also different. Therefore, this study aims to know the role of fiscal policy shocks in affecting some macroeconomic indicators, including GDP, inflation, and interest rate, in Indonesia and investigate its differences within two periods: Period I (1993Q1-2018Q4), which includes the Asian Financial Crisis and the Global Financial Crisis, and Period II (2019M1-2021M12), which include the COVID-19 Pandemic crisis. This study employs the Structural Vector Autoregression (SVAR) model, using institutional information of the government budget system as restrictions. This study concludes that: 1) shocks in fiscal policies significantly affect GDP in both periods; 2) the dynamic movement of GDP is more influenced by government spending than government revenue; 3) fiscal policy, especially revenue, has greater influences on inflation during the COVID-19 Pandemic; 4) fiscal policy has a minor role in affecting the interest rate.
Analisis Efektivitas dan Kontribusi Pajak Hotel dan Restoran terhadap Pendapatan Asli Daerah Kabupaten Natuna Syuparman Syuparman; Mahyus Ekananda; Etty Puji Lestari
Bahtera Inovasi Vol 6 No 2 (2023): Jurnal Bahtera Inovasi
Publisher : Program Studi Manajemen FEBM UMRAH

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31629/bi.v6i2.5554

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Original Local Government Revenue is an important indicator in determining the level of regional government independence in the fiscal sector. The higher  Original Local Government Revenue, more independent the region is in managing the existing potential. This study aims to determine how much the level of effectiveness of hotel taxes and restaurant taxes in Kabupaten Natuna and how big their contribution is to the Original Local Government Revenue of  Kabupaten Natuna. The hypothesis put forward in this study that hotel taxes and restaurant taxes have a significant effect on Original Local Government Revenue of  Kabupaten Natuna. The test results from this study the level of effectiveness of hotel and restaurant tax revenue in Kabupaten Natuna  from 2013 to 2020 is categorized as very effective with an achievement rate of more than 100%. The contribution of hotel tax and restaurant tax the Original Local Government Revenue to Kabupaten Natuna  for 2013 to 2020 is very small, with the highest achievement of only 0.84 percent with total revenue of Rp. 3,272,124,202, Partially the hotel tax has a positive effect on Original Local Government Revenue of Kabupaten Natuna, as well as the restaurant tax which has a positive effect on Original Local Government Revenue of Kabupaten Natuna for 2013 to 2020. Simultaneously hotel taxes and restaurant taxes have a positive effect on Original Local Government Revenue of Kabupaten Natuna for 2013 to 2020
The Impact of Banking Competition on Bank Financial Stability: Evidence from ASEAN 5 Countries Mahjus Ekananda
ETIKONOMI Vol 22, No 2 (2023)
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v22i2.31003

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In the era of the global economy, increasing banking competition will encourage an increase in banking transactions and activities. Banking transactions and activities will affect a country's financial stability. The purpose is to obtain the nonlinear effect of banking competition on financial stability at a specific regime. Previous research assumed that this impact applies to every economic regime. The impact of banking competition on financial stability can change at certain regime levels. Nonlinear impact occurs according to the regime. The method is based on a nonlinear threshold regression model. The researchers obtained the data from five ASEAN countries. The findings of this research are in-depth information about the financial system stability model. Analysis of the effect of variance supports the inconsistency of the effects found by several previous researchers. Practical implications are aimed at policymakers to make different decisions at the GDP level, CAR and Liquidity. The economic regime in each country is different, so this analysis is constructive for policymakers to see the conditions of banking competition and financial system stability at a certain regime level. The originality article systematically offers an analysis that assumes the effect can change at a certain regime level.JEL Classification: E5, G15, G01, G32, C24How to Cite:Ekananda, M. (2023). The Impact of Banking Competition on Bank Financial Stability: Evidence from ASEAN 5 Countries. Etikonomi, 22(2), 409 – 428. https://doi.org/10.15408/etk.v22i2.31003.
Pengaruh Sistem Informasi Keuangan dan Pengawasan Keuangan Terhadap Kinerja Pengelolaan Keuangan yang Dimediasi Komitmen Organisasi Lusy Farina; Mahjus Ekananda; Fatia Fatimah
JURNAL SOSIAL EKONOMI DAN HUMANIORA Vol. 9 No. 3 (2023): JURNAL SOSIAL EKONOMI DAN HUMANIORA
Publisher : Universitas Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29303/jseh.v9i3.384

Abstract

This research was conducted with the aim of knowing the effect of information systems and financial supervision on financial management performance, mediated by organizational commitment. The study population consisted of 240 UPBJJ-UT employees, and samples were taken using a purposive sampling technique with the Slovin formula, so that 155 respondents were obtained. The data analysis method used is Structural Equation Modeling-Partial Least Square (SEM-PLS) with the help of Smart-PLS version 3.0 software. The results of the study show that the financial information system has a positive, but not significant, effect on financial management performance. However, the financial information system has a positive and significant effect on organizational commitment. Meanwhile, financial supervision has a positive and significant effect on both financial management performance and organizational commitment. Finally, organizational commitment has a positive and significant effect on financial management performance. In addition, organizational commitment can also mediate information systems and financial supervision in influencing financial management performance. Therefore, the researcher recommends that the financial information system be revised periodically and aspects of financial supervision are further enhanced by authorizing the management of financial transactions. In addition, it is necessary to improve more intensive communication between management and employees to increase organizational commitment, so that financial performance can be further improved.