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All Journal Jurnal Ekonomi dan Bisnis Jurnal Kependudukan Indonesia
Diny Ghuzini
Fakultas Ekonomika Dan Bisnis, Universitas Gadjah Mada
Arts Humanities Economics, Econometrics & Finance Education Environmental Science Public Health Social Sciences

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Ketimpangan pendidikan dan pendapatan serta pengaruhnya terhadap pertumbuhan ekonomi di daerah tertinggal, terdepan dan terluar (3T) Riyadi Riyadi; Diny Ghuzini
Jurnal Kependudukan Indonesia Vol 16, No 2 (2021)
Publisher : Research Centre for Population, National Research and Innovation Agency (BRIN)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14203/jki.v16i2.593

Abstract

Inequality is one of the urgent issues, especially in the least developed, frontier, and outermost regions (3T) in Indonesia. This study aims to analyze education and income inequality and their effects on economic growth in the 3T regions in Indonesia. This study uses data from Susenas Kor and other publications by Statistics Indonesia in 2015-2017. The unit of analysis of this study is 142 districts/municipalities of the 3T regions. The results show that education inequality in the 3T regions can be categorized as a low inequality. In contrast, income inequality is classified as moderate inequality with a declining trend over the observation period. Education inequality is generally higher in rural areas and among the female population, while income inequality is higher in urban areas and among the male population. It is also shown that education inequality has a negative effect on economic growth, while income inequality has a positive effect on economic growth in the 3T regions. Policy recommendations that can be given are the provision of free formal and non-formal education and targeted education in remote areas. Regarding income inequality, the government should expand job opportunities, increase skills, and support micro, small and medium enterprises through training, business capital assistance and marketing assistance.
Exchange rate responses to macroeconomic announcement on the COVID-19 pandemic Rahmatullah, Dedy; Ghuzini, Diny
Jurnal Ekonomi dan Bisnis Vol. 26 No. 1 (2023)
Publisher : Fakultas Ekonomika dan Bisnis Universitas Kristen Satya Wacana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24914/jeb.v26i1.4868

Abstract

This study examines the effects of macroeconomic announcements on the USD/IDR exchange rate before and during the COVID-19 pandemic, and the difference between the impact of positive and negative announcements on the exchange rate. To measure the macroeconomic announcement, a surprise component is used, that is the difference between actual data and market forecasts. The data in this research are daily time series from 1 January 2014 to 30 November 2020. The actual data and market forecasts for each indicator are obtained from Bloomberg. To test the exchange rate response to the macroeconomic announcement, the Ordinary Least Square (OLS) analysis method is used with heteroskedasticity and autocorrelation consistent (HAC). This study finds that during the COVID-19 pandemic, the USD/IDR exchange rate is more sensitive to the surprise component of the macroeconomic announcement compared to the period before the COVID-19 pandemic. This research also finds evidence that positive Indonesian news and negative US news have a significant effect on changes in the USD/IDR exchange rate.
Co-Authors Rahmatullah, Dedy Riyadi Riyadi