Claim Missing Document
Check
Articles

Found 5 Documents
Search
Journal : Economic Journal of Emerging Markets

Stabilitas Permintaan Uang di Indonesia Sebelum dan Sesudah Perubahan Sistem Nilai Tukar Sahabudin Sidiq
Economic Journal of Emerging Markets Vol. 10 No. 1 (2005)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/vol10iss1aa604

Abstract

The objective of this study is to analyze the stability of money demand in Indonesia before and after the change of exchange rate system, from managed floating exchange rate to free floating exchange rate in the middle of 1997. And also to analyze the role of exchange rate on the money demand in Indonesia.The result shows that there are no change in stability of money demand for M1 and any change in stability for M2. The role of exchange rate is very significant in money de¬mand in Indonesia not only for M1 but also for M2. Because of right now, the exchange rate system is free floating exchange rate, where no government intervening, so that the govern¬ment should to maintain the exchange rate market more efficient.Keywords: Money Demand, Managed floating exchange rate, free floating exchange rate, stability of money demand
INTER-BANK CALL MONEY MARKET TRANSACTION IN INDONESIA Aries Haryadi; Sahabudin Sidiq
Economic Journal of Emerging Markets Volume 5 Issue 2, 2013
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol5.iss2.art2

Abstract

AbstractThis study analyzes the effect of Indonesian Bank loan, the amount of demand deposits, and the Indonesia economic crisis in 1997 on the interbank call money market transactions in Indonesia using a multiple linear regression method. This study finds that the variables influencing the interbank call money market transactions are the interest rate of interbank call money market and the check money. Both variables have positive effect on the interbank money market transactions in Indonesia.Keywords: Loans, Interest Rate, Check Money, Monetary Crisis, Interbank Money Market TransactionsJEL Classification Numbers: G21, G28AbstrakPenelitian ini menganalisis pengaruh pinjaman Bank Indonesia terhadap tingkat bunga pasar uang antar bank, jumlah uang giral, dan krisis ekonomi Indonesia tahun 1997 terhadap transaksi pasar uang antar bank di Indonesia menggunakan metode regresi linier berganda. Penelitian ini menemukan bahwa variabel yang berpengaruh terhadap transaksi pasar uang antar bank tersebut adalah tingkat bunga pasar uang antar bank dan jumlah uang giral. Dua variabel tersebut berpengaruh positif terhadap transaksi pasar uang antar bank di Indonesia.Keywords: Pinjaman, Tingkat Bunga, Uang Giral, Krisis Moneter, Transaksi Pasar Uang antar BankJEL Classification Numbers: G21, G28
Validity test of purchasing power parity doctrine: An Indonesian case study Sahabudin Sidiq; Herawati Herawati
Economic Journal of Emerging Markets Volume 8 Issue 2, 2016
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol8.iss2.art4

Abstract

The goal of this study is to analyze the doctrine purchasing power parity (PPP) in Indonesia with the case study of the rupiah exchange rate to U.S. dollar. The autoregressive is used to estimate the relationship between the change of exchange rate and the difference Indonesia–USA inflation rate. The data used in this study are quarterly data obtained from the International Financial Statistics (IFS) and Bank Indonesia (BI) with the period 1997Q4-2013Q4. The exchange rate that used in this study is using the rate on rupiah to U S dollar. The price data used consumer price index in Indonesia and the United States with a base year of 2000. The results of this study show, that rupiah to the U.S. dollar is undervalued during the free floating exchange rate system and, the PPP doctrine to the case of the rupiah to the U.S. dollar is not valid in the period of this study.
Fundamental ekonomi dan krisis ekonomi Indonesia Sahabudin Sidiq
Economic Journal of Emerging Markets Vol 4, No 1 (1999)
Publisher : Universitas Islam Indonesia

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

Abstract

Since July 1997, Asia-Pasific countries have been fighting to handle monetary crisis they face. Among those countries, few countries are able to handlle the crisis relatively quickly while Indonesia seems to have a difficulty in handling the crisis. As this article extends, it happens because the fundamental of the Indonesian economy is less weak rather than those countries.
Intensity of the creative economy agency and partnership in empowering micro and small enterprises Awan Setya Dewanta; Sahabudin Sidiq
Economic Journal of Emerging Markets Volume 15 Issue 1, 2023
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol15.iss1.art5

Abstract

Purpose ─ This paper analyzes the determinants of micro and small enterprise company performance and its employees in Indonesia using a data set covering 2010 – 2019. Method ─ This study uses the robust estimation of the panel data regression method to estimate an alternative least squares regression that does not require strict assumptions and is not sensitive to outliers. Findings ─ The study's findings are as follows: 1) Improving resources, markets, entrepreneurs, and institutions has different impacts on business performance and workers' compensation due to the complexity and size of businesses, 2) The formal education of micro and small business entrepreneurship and institutionalization of partnerships have improved workers' compensation but not business performance, 3) Improving resource access, market orientation, and policies indirectly implemented by the Creative Economy Agency have improved business performance but not workers' compensation. Therefore, programs aimed at enhancing productivity of entrepreneurs and workers through partnerships are a key factor in improving the competitiveness of micro and small enterprises. Originality ─ Four determinants of the business environment of micro and small enterprises were analyzed to determine their impact on entrepreneur and worker performance, in order to identify the key factors contributing to the successful empowerment of these businesses.