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Analysis of The Effect of Non-Cash Payments, Interest Rate, and The Amount of The Money Circulation on Inflation in Indonesia Ananda Putri; Safuridar Safuridar; Suri Amilia; Asnidar Asnidar
International Journal on Social Science, Economics and Art Vol. 11 No. 4 (2022): February: Social Science, Economics and Art
Publisher : Institute of Computer Science (IOCS)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35335/ijosea.v11i4.59

Abstract

This study aims to determine how the partial and simultaneous influence of non-cash payments, interest rates and the money supply on inflation in Indonesia. This research was carried out from January 2021 to June 2021. The type of research data is quantitative. The independent variables in this study are non-cash payments (X1), interest rates (X2), and the money supply (X3) while the dependent variable is inflation (Y) with the object of research in Indonesia. Sources of data were collected in the form of secondary data for the 2009-2019 time series obtained from Bank Indonesia and the Central Statistics Agency. The analytical method used is multiple linear regression and classical assumption test. The results of the study partially state that non-cash payments and the money supply do not affect inflation, while interest rates have a significant effect on inflation in Indonesia. Simultaneously non-cash payments, interest rates and the money supply have a significant effect on inflation in Indonesia. ScoreR square is 0.4670 or 46.70%, meaning that the variables of e-money, interest rates, and the money supply affect inflation in Indonesia by 46.70%, while the remaining 53.30% is influenced by other factors outside the study.  
Analysis Of Monetary Variables and Zakat, Infaq and Sadaqah (ZIS) On Poverty In Aceh Province with Economic Growth as An Intervening Variable Asnidar Asnidar; Nurlaila Hanum; Tengku Putri Lindung Bulan; Agustina Nurul Fajriah; Mayang Murni; Sri Rahayu Aprillia
Jurnal Ekuilnomi Vol. 8 No. 1 (2026): Ekuilnomi Vol 8(1), Feb 2026
Publisher : Program Studi Ekonomi Pembangunan Fakultas Ekononomi Universitas Simalungun

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36985/vhm05b36

Abstract

This study analyzes monetary variables and ZIS on poverty in Aceh Province through economic growth. The data used are secondary data sourced from Baitul Mal Aceh and the Central Statistics Agency, using path analysis. The results of the study indicate that inflation does not directly have a significant effect on economic growth in Aceh Province, while interest rates and ZIS have a direct significant effect on economic growth in Aceh Province. Inflation and economic growth do not directly have a significant effect on poverty in Aceh Province, while interest rates and ZIS have a significant effect on poverty in Aceh Province. However, inflation does not indirectly have a significant effect on poverty in Aceh Province through economic growth. Interest rates and ZIS have an indirect significant effect on poverty in Aceh Province through economic growth. These findings underscore the importance of evaluating ZIS management and distribution strategies by the government and related institutions, so that programs do not only focus on increasing economic growth, but also ensure that the benefits are felt directly by the poor. This study contributes to the literature on population economics by revealing the role of a combination of monetary policy and Islamic social financial instruments in poverty alleviation efforts in Aceh