Suhartoko, Y.B.
Atma Jaya Catholic University Of Indonesia

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

ANALYSIS OF DEBT, AMOUNT OUTSTANDING, STOCK PRICE INDEX, AND NOMINAL EXCHANGE RATE STABILITY OF THE FINANCIAL SYSTEM IN INDONESIA Radiansyah, Bobby; Suhartoko, Y.B.
Journal Economics & Business Atmajaya Indonesia Vol 1 No 1 (2017): Journal of Economics & Business (JEBI)
Publisher : Penerbit Atma Jaya Catholic University of Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (577.431 KB) | DOI: 10.25170/jebi.v1i1.22

Abstract

In this research will be discussed on macroeconomic indicators and financial system stability in Indonesia in period 2000Q1 - 2011Q4. For it will be examined whether there is influence of various macroeconomic indicators in the sample period as well as structural changes to financial system stability in Indonesia. This study uses Error Correction Model. Tests conducted in this study is a data stationary test, cointegration test, test methods Error Correction Model, using a stability test of Recursive Residual Cumulative Sum (CUSUM) and CUSUM of Squares Test (CUSUMQ). To explain the phenomenon of structural changes, were estimated using a dummy variable, during the global crisis in 2008-2009. From the results of these estimates produce a significant effect in the long term the macroeconomic variables on financial system stability in Indonesia although there are some macroeconomic variables the number of foreign debt, the money supply, and the stock price index  which does not have a significant impact on the short term.
Determination of Financial Stability Index Between Southeast Asian Countries (ASEAN 6) and Its Intracorrelation Y.B. Suhartoko; Adji Pratikto; Luciana Selvi Susanti Wira
AFEBI Economic and Finance Review Vol 7, No 1 (2022)
Publisher : Asosiasi Fakultas Ekonomi dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47312/aefr.v7i1.512

Abstract

The Economic crisis has impacted the disruption of the stability of a country's financial system, including ASEAN countries. In Indonesia, there is a Financial System Stability Committee (KSSK) whose duties are to coordinate monitoring and maintaining financial system stability. KSSK has the authority to set the criteria and indicators for assessing financial system stability conditions concerning the financial system's stability. The second authority is to evaluate the condition of financial system stability based on input from each member of the Financial System Stability Committee, along with supporting data and information. As an economic area with history, ASEAN countries certainly have a relationship, either strong or weak. This study conducted calculations of the financial stability index (Aggregate Financial Stability Index) built from the Morris framework (2010) consisting of sub-index Financial Development Index, Financial Vulnerability Index, Financial Soundness Index, World Economic Climate Index. The calculation results showed that in ASEAN 6, there were fluctuations in financial stability, and there were variations in the correlation of financial stability. Therefore, improving the financial stability in Indonesia needs to consider the existence of financial stability in other countries.