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All Journal Economic Journal of Emerging Markets Jurnal Ekonomi Kuantitatif Terapan J@TI (TEKNIK INDUSTRI) Jurnal Sosial Ekonomi Pertanian JEJAK UNEJ e-Proceeding Bisma: Jurnal Bisnis dan Manajemen EKUITAS (Jurnal Ekonomi dan Keuangan) Economics and Finance in Indonesia JURNAL AKUNTANSI, MANAJEMEN DAN EKONOMI Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences Journal of Management and Business Environment (JMBE) Journal of Economics Research and Social Sciences Jurnal Ekonomi Indonesia AJAD : Jurnal Pengabdian kepada Masyarakat Jurnal REP (Riset Ekonomi Pembangunan) Jurnal Ekuilibrium Jurnal Pengabdian Nasional (JPN) Indonesia Jejak: Jurnal Ekonomi dan Kebijakan
Adhitya Wardhono
Department Of Economics, Faculty Of Economics And Business, Universitas Jember, East Java
Religion Agriculture, Biological Sciences & Forestry Arts Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Environmental Science Industrial & Manufacturing Engineering Law, Crime, Criminology & Criminal Justice Social Sciences Other

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Journal : Jurnal REP (Riset Ekonomi Pembangunan)

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THE ANALYSIS OF INCOME INEQUALITY IN INDONESIA DURING COVID-19: A REVIEW OF POLICY RESPONSES Kiky Indah Sari; Ciplis Gema Qori'ah; M. Abd. Nasir; Adhitya Wardhono; Adiet Try Waluyo
Jurnal REP (Riset Ekonomi Pembangunan) Vol. 8 No. 2 (2023): Oktober 2023
Publisher : Universitas Tidar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31002/rep.v8i2.613

Abstract

The Covid-19 pandemic has affected the economy from both the supply and demand sides. Policies are designed coherently and quickly, especially monetary and fiscal stimulus. However, the network effect of Covid-19 and global uncertainty can be a challenge in implementing a policy. The motivation behind this study is to determine the response of fiscal and monetary policies to income inequality in Indonesia pra-pandemic and during the period of Covid-19 pandemic. The dataset used in this study is panel data which consists of 25 provinces in Indonesia and period from 2017 – 2021. The estimation method used to identify the response of monetary and fiscal policy to income inequality in Indonesia is Dynamic GMM. This study found that only fiscal policies were effective in reducing inequality in Indonesia before the Covid-19 pandemic. Then during the Covid-19 pandemic period, this study found that monetary and fiscal policies were effective in reducing inequality in Indonesia. This condition shows that the stimulus issued by the government is effective in the sense that it can be a cushion to prevent widening inequality during the Covid-19 period. Overall, this study implies that policy synchronization between fiscal and monetary is needed to minimize the economic impact during the Covid-19 pandemic
THE ANALYSIS OF INCOME INEQUALITY IN INDONESIA DURING COVID-19: A REVIEW OF POLICY RESPONSES Sari, Kiky Indah; Qori'ah, Ciplis Gema; Nasir, M. Abd.; Wardhono, Adhitya; Waluyo, Adiet Try
Jurnal REP (Riset Ekonomi Pembangunan) Vol. 8 No. 2 (2023): Oktober 2023
Publisher : Universitas Tidar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31002/rep.v8i2.613

Abstract

The Covid-19 pandemic has affected the economy from both the supply and demand sides. Policies are designed coherently and quickly, especially monetary and fiscal stimulus. However, the network effect of Covid-19 and global uncertainty can be a challenge in implementing a policy. The motivation behind this study is to determine the response of fiscal and monetary policies to income inequality in Indonesia pra-pandemic and during the period of Covid-19 pandemic. The dataset used in this study is panel data which consists of 25 provinces in Indonesia and period from 2017 – 2021. The estimation method used to identify the response of monetary and fiscal policy to income inequality in Indonesia is Dynamic GMM. This study found that only fiscal policies were effective in reducing inequality in Indonesia before the Covid-19 pandemic. Then during the Covid-19 pandemic period, this study found that monetary and fiscal policies were effective in reducing inequality in Indonesia. This condition shows that the stimulus issued by the government is effective in the sense that it can be a cushion to prevent widening inequality during the Covid-19 period. Overall, this study implies that policy synchronization between fiscal and monetary is needed to minimize the economic impact during the Covid-19 pandemic
Co-Authors Adelia Niandhita Palupi Adiet Try Waluyo Affiana, Alfina Nur Agung Nugroho Puspito AGUS FERDIANTO Ananta, Radina Widya Anggira, Desi Arinanta, Arya Ariz Aprilia Ariz Aprilia Asep Mulyana Asep Mulyana Atiqa Zahra Aulia Aurelya, Lalyta Badara Shofi Dana Ben Hansel N. Zebua Cahyani, Ardhya Pramisti Regita Christina Dwi Ayu Wulandari Ciplis Gema Qori'ah Ciplis Gema Qori'ah Ciplis Gema Qori`ah Ciplis Gema Qori’ah Ciplis Gema Qo’riah Ciplis Gemah Qo’riah Daniyah Basalamah Dewayani, Nyiur Rahma Dini Nurin Alfiyah Elnadia, Salsabillah Rahmah Erzaldi, M Dwiki Fadilah, Iftitah Arya Putri Faiza, Laila Niswatul Faizyah, Nadia Nurdiyana Farokhatun Nazilah Fatmawati, Yeni Fauziah, Rafika Febriani, Nawal Aprodita Ferdyansyah, Dandy Gigih Pratomo Gontha, Chelsea Tiara Hadi Paramu Hartita, Margaretha Putri Hasbi Mubarak Suud Ika Nurjannah Ika Purnamasari Imelda, Laela Vita Indrawati , Yulia Innabilla, Mirsya Rifah Aulia Intansari, Herlindha Angghelinna Devfi Josi Ali Arifandi Kiky Indah Sari Kristianawati, Fany Indah Kumalasari, Nandya Alfina Laela, Intan Laili, Anneja Maghfirotul Lestari, Dhea Suci Lestari, Ria Nova Agustin Puji Lilis Yuliati Lukman M. Baga M Abd Nasir M Abd. Nasir M. Abd. Nasir M. Abd. Nasir M. Abd. Nasir M. Abd. Nasir M. Alif Muzhaffar Maharany, Adelia Dwifa Ma’arif, Samsul Mellfani Rhamadinda Nendra Tigara Mochammad Ridwan G. Mohammad Ubaidillah Mu'min, M. Silahul Muchammad Savero Sulthan Marzi Nariswari, Septiya Nasir, M Abd Nasir, M Abd Nasir, M. Abd. Nawu, Maria Natalia Ningsih, Arumiyati Nisah, Ulfatun Nur Feriyanto Nurul Amalia Nyoman Gede Krishnabudi Oktavia Rahma Panji Tirta Nirwana Putra Prabowo, Donny Aryanto Prakoso, Bhim Puspitasari, Michele Stefany Nazwa Puspito, Agung Nugroho Qori’ah, Ciplis Gema Rachma P. A, Shabrina Rafa, Muhammad Rahmadini, Intan Aulia Rahmanda, Rahadian Ramadhani, Nabila Fajrin Kurnia Saindra, Rafi Dzulfiqar Faiz Salsabila, Adelia Syahara Salsabila, Ayu Sari, Kiky Indah Sarifudin, Ahmat Satrio Wicaksono Shafaana, Raihana Aulia Sholeh Avivi Sifah, Isrina Sinulingga, Trisna Handayani BR Sultonia, Ivone Suud, Hasbi Mubarak Syahzanan, Fatimah Tazkiya, Anisa Thaka, Ichan Ryan Ubaidillah, Mohammad Waluyo, Adiet Try Wardani, Amanda Julia Wibowo, Kaisar Belmiro Khalfani Wijayanti, Karmila Dwi Yaqin, Misbahol Yoniksa K, Bintang Yulia Indrawati Yulia Indrawati