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All Journal ETIKONOMI Economic Journal of Emerging Markets JURNAL DINAMIKA EKONOMI PEMBANGUNAN JURNAL BISNIS STRATEGI Diponegoro Journal of Economics JEJAK Journal of Economics, Business, & Accountancy Ventura Global Review of Islamic Economics and Business Jurnal Ilmu Sosial dan Ilmu Politik Jurnal Ekonomi dan Bisnis Ekuilibrium : Jurnal Ilmiah Bidang Ilmu Ekonomi Indicators : Journal of Economic and Business Beujroh : Jurnal Pemberdayaan dan Pengabdian pada Masyarakat Economic Development Analysis Journal Efficient: Indonesian Journal of Development Economics Economic and Business Horizon
Akhmad Syakir Kurnia
Department Of Economics, Faculty Of Economics And Business, Diponegoro University, Semarang, Indonesia
Agriculture, Biological Sciences & Forestry Arts Humanities Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences Other

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The Role of Financial Inclusion in Poverty Reduction: A Production Theory Approach Astuti, Ismadiyanti Purwaning; Sugiyanto, Franciscus Xaverius; Kurnia, Akhmad Syakir
Economic and Business Horizon Vol. 1 No. 1 (2022): January
Publisher : LifeSciFi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54518/ebh.1.1.2022.78

Abstract

This study attempts to analyze the role of financial inclusion in reducing poverty by using a production theory approach. This study used the production function as a function or equation that shows the relationship between the use of input combinations to produce the desired level of output in order to analyze the role of financial inclusion in reducing poverty. The results show that access to financial service products, especially loans, is used as capital input in community production activities. The community uses loans obtained from formal and informal financial institutions to increase their productivity through increased capital. Increased capital will increase output, so income will also increase.
Local indicators of spatial association (LISA) of Indonesian workers Caroline, Caroline; Sugiyanto, FX; Kurnia, Akhmad Syakir; Irwandi, Soni Agus
Journal of Economics, Business, and Accountancy Ventura Vol. 22 No. 2 (2019): August - November 2019
Publisher : Universitas Hayam Wuruk Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14414/jebav.v22i2.1685

Abstract

The migration of Indonesian workers abroad and that of foreign workers into Indonesia made problems for the economic growth of Indonesia and ASEAN. This study attempts to analyze the patterns of spatial interaction of labor that occur in Indonesia. It used the Euclidean distance, spatial weight matrix approach to calculate the Local Indicators of Spatial Association (LISA). This study took a sample of workers in ASEAN member countries with a focus on analysis on Indonesian workers during 2004-2018. Analysis was performed using spatial panel data. The results showed that there was a change in the pattern of spatial interaction of Indonesian workers, which in 2004 had a lot of spatial interactions with workers from countries with a large workforce. However, in 2018, they interacted spatially with workers from countries with few workers. Besides, the majority of Indonesian migrants work as low-ranking workers in ASEAN countries, while the majority of foreign workers from ASEAN countries work in managerial and professional levels. This implies that the Indonesian government needs to provide technical and managerial skills, soft skills, and English for migrant workers before working abroad so that they are better able to compete with foreign workers and subsequently receive better salaries.
Capital Account Liberalization and Income Inequality: A Panel Study of 28 European Countries Radhianshah, Muhammad Taufik; Kurnia, Akhmad Syakir
Journal of Economics, Business, and Accountancy Ventura Vol. 24 No. 1 (2021): April - July 2021
Publisher : Universitas Hayam Wuruk Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14414/jebav.v24i1.2530

Abstract

Financial globalization has evolved from domestic policy to international scope policy. One of its form is capital liberalization which we can observe from the declining number of restrictions among countries for cross-border financial transaction, and the increasing level of capital flow between countries. Europe cross-country financial transaction has been increasing for the last three decades and this increase happened simultaneously with the increase of income inequality as measured with Gini index. This condition gives impression that there is a positive correlation between income inequality and capital account liberalization. This research aims to study whether income inequality corresponds to the increase of capital account liberalization in 28 Europe countries. Furthermore, this research seeks to understand the role of institutional quality and financial depth as threshold variables. By employing System GMM Estimator on balanced panel data, this study finds that capital account liberalization positively correlated with income inequality and institutional quality proven to be important threshold variable. These findings emphasize the urgency for policy maker to consider institutional quality before or during the implementation of capital account liberalization.
Non-Cash Payment System Innovation and Its Implications on Financial System Stability in Indonesia Shabrina, Almira; Kurnia, Akhmad Syakir
Jurnal Dinamika Ekonomi Pembangunan Vol 6, No 3 (2023): DECEMBER
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/jdep.6.3.226-247

Abstract

This study examines the impact of non-cash payment innovations on Indonesia’s financial system stability from 2009 to 2019. As technological advancements reshape payment systems, they present both opportunities and risks to financial stability. By utilizing the Structural Vector Auto Regression (SVAR) method, the study finds that the shift towards cashless payments reduces M1, indicating a decrease in the money supply. Additionally, innovations in the payment system increase the velocity of money circulation, which tends to drive inflationary pressures. However, the inflationary effect of non-cash payment transactions diminishes over time. This research highlights the dual nature of non-cash payment instruments in influencing both financial stability and inflation dynamics.
Pelatihan Pengelolaan Keuangan Keluarga bagi Anggota Kelompok Tani Nira Sari Murni Zusak, M Bastomi Fahri; Fuadi, Ariza; Kurnia, Akhmad Syakir; Firmansyah; Sugiyanto, FX
Beujroh : Jurnal Pemberdayaan dan Pengabdian pada Masyarakat Vol. 3 No. 3 (2025): Beujroh : Jurnal Pemberdayaan dan Pengabdian pada Masyarakat
Publisher : Yayasan Sagita Akademia Maju

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61579/beujroh.v3i3.695

Abstract

Farmer groups play a strategic role in maintaining food security and the sustainability of the rural economy. One such group is the Nira Sari Murni Farmer Group, where most of its members rely on farming and coconut sap production for their income. However, the main challenge they face is suboptimal family financial management, which can impact household economic stability. The lack of expense recording, budget planning, and understanding of emergency fund management are common problems. Through this training, farmer group members are equipped with basic knowledge and skills in practical and applicable family financial management. The training covers techniques for preparing a household budget, recording daily cash flow, managing debt, and planning for short- and medium-term needs. This activity is expected to improve financial literacy and the economic resilience of farming families.
Do Public Transfers Crowd Out Private Transfers to the Elderly? Evidence from Indonesia Evi Yulia Purwanti; FX Sugiyanto; Akhmad Syakir Kurnia
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 21 No 1 (2026): March
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v21i1.2026.pp182-198

Abstract

This research explores the potential for government transfer programs to replace or ‘crowd out’ private assistance, with a particular focus on the significant rise in public transfers in Indonesia. Previous studies have not thoroughly examined the relationship between public transfers and the existing network of private transfers. This study adds to the empirical literature on intergenerational transfers by investigating the crowding-out effects between public and private transfers in Indonesia. This research draws on data from wave 5 of the Indonesian Family Life Survey (IFLS-5), with 2,240 selected samples of adult children and elderly parent pairs (dyads). Probit models and ordinary least squares were used to estimate and examine the robustness of the connection between private and public transfers. This study reveals that pension benefits reduce adult children’s propensity to transfer income to elderly parents. This finding reinforces the crowding-out effect hypothesis. Meanwhile, social assistance benefits lead to an increased likelihood of adult children transferring finances to elderly parents, creating a crowding-in effect on private transfers due to public transfers in the form of social assistance. The findings indicate that the needs and capabilities of both parents and children are crucial factors influencing the flow of intergenerational transfers.
Co-Authors AA Sudharmawan, AA Achmad Noerkhaerin Putra Almira Shabrina Ariza Fuadi Astuti, Ismadiyanti Purwaning Aulia, Sarah Caroline Caroline Caroline Caroline Etty Puji Lestari Evi Yulia Purwanti Firmansyah Firmansyah Firmansyah FX Sugiyanto hapsari, anggraeni tri Imantria, Benny Khoirul Sukma Lea Widowati Sugiharto Muh. Rudi Nugroho, Muh. Rudi Muhammad Adnan Assidiq Muhammad Taufik Radhianshah Nurul Qolbi Radhianshah, Muhammad Taufik Sandy J. Maulana Shanty Oktavilia Soni Agus Irwandi Sugiyanto, Franciscus Xaverius Syahid Izzulhaq Syifa Fauziah Tutus Kenanthus Avica Putra Zusak, M Bastomi Fahri