Article Per Year (5 Year)
p-Index From 2020 - 2025
0.23
P-Index
This Author published in this journals
All Journal Economic Education and Entrepreneurship Journal
Inayah Rahman
Department of Islamic Economics, Faculty of Economics & Business (60286), Airlangga University, Indonesia
Economics, Econometrics & Finance Education Social Sciences

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Effect of Certificate of Bank Indonesia Sharia and Indonesian Bank Seven Days Repository Rate to Inflation Ratio in Indonesia During Covid-19 Pandemic Inayah Rahman; Ririn Tri Ratnasari; Akhmad Kusuma Wardhana
Economic Education and Entrepreneurship Journal Vol 5, No 1 (2022): Economic Education and Entrepreneurship Journal (E3J)
Publisher : FKIP Universitas Lampung

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

Abstract

Inflation that is too low can disrupt economic stability. The new benchmark interest rate by BI, BI7DRR is expected to increase the effectiveness of monetary policy to achieve the inflation target set. Meanwhile, SBIS is one of BI's alternatives to regulate inflation in Indonesia. This study aims to observe the effect of SBIS and BI7DRR on inflation in Indonesia for the 2019-2020 period. the data were gathered from Bank Idonesia website using purposive sampling method. The independent variables in this study are BI7DRR and Indonesian bank of sharia certificate SBIS, while the dependent variable is inflation. This study used eroor correction model (ECM) to determine the effect of independent variables to dependent one. The data was monthly time series period started from January 2019 to December 2020. The results showed that there was a significant effect between the return value of the SBIS to Indonesia's inflation rate.
Co-Authors Akhmad Kusuma Wardhana Ririn Tri Ratnasari