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Pengaruh Perkembangan Teknologi Informasi dan Teknologi (TIK) terhadap Pengangguran Usia Muda di Indonesia: BPS, Institut Pertanian Bogor Listari, Silvia Emilia; Pasaribu, Syamsul Hidayat; Novianti, Tanti
Jurnal Ekonomi dan Kebijakan Pembangunan Vol. 13 No. 2 (2024): Jurnal Ekonomi dan Kebijakan Pembangunan
Publisher : IPB University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29244/jekp.13.2.2024.93-104

Abstract

The rapid advancement of information and communication technologies (ICT) is anticipated to effectively solve various economic issues including unemployment in developing countries. However, unemployment in Indonesia has fluctuation and is predominantly affecting the youth population. Additionally, researchers hold different views regarding the impact of ICT development on youth unemployment. Some researchers suggest a positive relationship between ICT and youth unemployment, while others argue that ICT can have detrimental effects on job opportunities and potentially increase youth unemployment. This study aims to describe ICT development and analyze the influence of ICT development on youth unemployment in Indonesia. This research used a dynamic panel methodology and utilizes two indicators of ICT development: mobile phone users and internet users across 33 provinces in Indonesia at 2010-2021. The results of this estimation indicate that mobile phone users and internet users do not significantly impact the youth unemployment model. The variables inflation, foreign and domestic investment and the lagged unemployment have a significant effect on youth enemployment
The Impact of Female Labor Force Participation on Regional Economic and Income Convergence Panjaitan, Dian Verawati; Nuryartono, Nunung; Pasaribu, Syamsul Hidayat; Lay, Jann
ETIKONOMI Vol. 24 No. 2 (2025)
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v24i2.41688

Abstract

Research originality: Women tend to be chosen as the non-labor force, even though they are potential workers who can contribute directly to the economy. Their level of education influences this contribution.   Research objectives: This research examined the impact of female labor force participation on regional economic and income convergence. Research methods: Pooled Least Squares (PLS) and panel data estimation were conducted using cross-sectional data on 472 cities/districts across Indonesia between 2016 and 2022. Empirical result: The findings reveal that female labor force participation significantly enhances regional economic growth only when women have at least a senior high school education. However, their contribution to accelerating economic convergence remains suboptimal, as most female workers are elementary school graduates. Implications: To improve the contribution of the female workforce to the economy, the government should extend compulsory education from 9 to 12 years, expand access to non-formal education for women, and establish a female-friendly labor market through job flexibility and improved childcare access. JEL Classification: I25, J21, E12, J20
Islamic and conventional monetary transmission on MSME financing in Indonesia and Malaysia Nuraeni, Nuraeni; Pasaribu, Syamsul Hidayat; Irfany, Mohammad Iqbal
Jurnal Ekonomi & Keuangan Islam Volume 12 No. 2, July 2026
Publisher : Faculty of Economics, Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/JEKI.vol12.iss2.art8

Abstract

Purpose – This study examines the effectiveness of conventional and Islamic monetary policy transmission in promoting MSME financing in Indonesia and Malaysia. It analyzes both financing channels, the contribution of monetary and macroeconomic variables, and their effectiveness across the two banking systems.Methodology – Quarterly data for Indonesia and Malaysia from 2014Q2 to 2025Q4 were analyzed using a vector error correction model (VECM), complemented by Granger causality, impulse response function (IRF), and forecast error variance decomposition (FEVD). The variables include the policy rate, M2, conventional credit, Islamic financing, investment, and GDP.Findings – Indonesia relies more on the conventional credit channel, which shows a stable response to monetary and macroeconomic shocks. Malaysia demonstrates more balanced transmission between conventional and Islamic channels, with Islamic financing showing stronger real-sector linkages. Transmission effectiveness has two complementary dimensions: IRF indicates that Indonesia’s conventional channel is more effective in response stability, whereas FEVD shows that Islamic financing is more sensitive to monetary shocks. Malaysia exhibits balanced and complementary transmission across both channels.Implications – Indonesia should strengthen Islamic financing through deeper Islamic money markets, improved monetary instruments, and stronger MSME bank intermediation. Malaysia should maintain the integration of both channels to support inclusive and sustainable MSME financing. The findings are limited to Indonesia and Malaysia and may not be generalizable to other dual banking systems.Originality – This study introduces a two-dimensional perspective on monetary transmission effectiveness by jointly interpreting IRF and FEVD, demonstrating that response stability and shock contribution provide complementary measures of effectiveness in dual banking systems.