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MONETARY AND FISCAL POLICY ANALYSIS: WHICH IS MORE EFFECTIVE? Yunanto, Muhamad; Medyawati, Henny
Journal of Indonesian Economy and Business Vol 29, No 3 (2014): September
Publisher : Journal of Indonesian Economy and Business

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Abstract

Fiscal policy is an adjustment in the income and expenditure of government as stipulated inthe state budget in order to achieve better economic stability and pace of development. Themain objective of this study was to measure and analyze Fiscal and Monetary Policy of theGross Domestic Product (GDP). Fiscal Policy Multiplier (FPM) and Monetary PolicyMultiplier (MPM) are used to answer the debate where more effective between fiscal policy andmonetary policy. Short-term models derived through error correction model (ECM), which alsoforms the derivative equation. A system of simultaneous equations two stage least squares(TSLS), is used to describe the sensitivity analysis (response) of shocks to the policy change ofimportant macroeconomic indicators. The results showed that during the study period,Indonesias monetary policy more effective than fiscal policy.Keywords: monetary policy, fiscal policy, Mundell-Flemming Model
Bankıng Funds and the Industrıal Sector in Indonesıa Henny Medyawati; Muhamad Yunanto
APMBA (Asia Pacific Management and Business Application) Vol 5, No 2 (2016)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (348.731 KB) | DOI: 10.21776/ub.apmba.2016.005.02.1

Abstract

Banking, the blood of any economy, recorded strong growth over the last 5 years in Indonesia, particularly in terms of the volumes of funds collected. The purpose of this research is to examine the indicators of banking, banking technology indicators namely Bank Indonesia-Real Time Gross Settlement (BI-RTGS), industrial sector and services in the Indonesian economy as measured by the nation’s Gross Domestic Product (GDP). This study uses time series data covering 2000 (fourth quarter) to 2014. Testing of time series data using the unit root test and co-integration test, indicated that variables were not stationary at the current level and that the Vector Error Correction Model (VECM) can be applied provided that there is co-integration. The results showed that the GDP responded positivelyto shocksarising from third party funds, assets and BI-RTGS. Negative response was indicated by the loan variables, industry and services. An analysis of variance decomposition indicated that the third party fundshad the largest percentage contribution compared with those attributable to five other variables.
MONETARY AND FISCAL POLICY ANALYSIS: WHICH IS MORE EFFECTIVE? Muhamad Yunanto; Henny Medyawati
Journal of Indonesian Economy and Business (JIEB) Vol 29, No 3 (2014): September
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (260.29 KB) | DOI: 10.22146/jieb.6470

Abstract

Fiscal policy is an adjustment in the income and expenditure of government as stipulated in the state budget in order to achieve better economic stability and pace of development. The main objective of this study was to measure and analyze Fiscal and Monetary Policy of the Gross Domestic Product (GDP). Fiscal Policy Multiplier (FPM) and Monetary Policy Multiplier (MPM) are used to answer the debate where more effective between fiscal policy and monetary policy. Short-term models derived through error correction model (ECM), which also forms the derivative equation. A system of simultaneous equations two stage least squares (TSLS), is used to describe the sensitivity analysis (response) of shocks to the policy change of important macroeconomic indicators. The results showed that during the study period, Indonesia's monetary policy more effective than fiscal policy.
PENGARUH KUALITAS SISTEM TERHADAP KEPUASAN PENGGUNA DAN MANFAAT BERSIH PADA IMPLEMENTASI E-FAKTUR: VALIDASI MODEL KESUKSESAN SISTEM INFORMASI DELONE DAN MCLEAN Ulfah Khairrunnisa; Muhamad Yunanto
Jurnal Ilmiah Ekonomi Bisnis Vol 22, No 3 (2017)
Publisher : Universitas Gunadarma

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Abstract

Sistem pengumpulan pajak di Indonesia yang saat ini merupakan self assessment system didukung dengan penerapan dan pengembangan sistem informasi administrasi perpajakan. Wujud nyata dari pengembangan sistem informasi perpajakan adalah sistem faktur pajak berbasis elektronik, atau yang telah dikenal sebagai sistem informasi e-Faktur. Penelitian ini bertujuan untuk menganalisis serta mengidentifikasi faktor dominan yang mempengaruhi kesuksesan sistem informasi e-Faktur. Penelitian ini menggunakan model kesuksesan sistem informasi Delone dan McLean untuk mengukur kualitas sistem, kualitas informasi, kualitas layanan, kepuasan pengguna, manfaat bersih yang terdiri dari kinerja individu dan organisasi, serta variabel tambahan yaitu kondisi yang memfasilitasi. Data yang digunakan merupakan data primer yang diperoleh dari 100 kuesioner yang disebarkan kepada perwakilan Pengusaha Kena Pajak (PKP) yang terdaftar di kantor pelayanan pajak pratama Kelapa Gading Jakarta. Teknik analisis data dalam penelitian ini adalah analisis jalur yang didasarkan pada Structural Equation Modeling (SEM). Hasil penelitian ini menyatakan bahwa faktor dominan yang mempengaruhi tingkat kepuasan pengguna adalah kualitas sistem. Sementara kualitas informasi, kualitas layanan, dan kondisi yang memfasilitasi tidak dapat mempengaruhi kepuasan pengguna. Manfaat bersih yang terdiri dari kinerja individu dan kinerja organisasi, terbukti dapat dipengaruhi oleh kepuasan pengguna. Hasil pengujian juga menyatakan bahwa kepuasan pengguna tidak berhasil menjadi variabel intervening dalam hubungan variabel-variabel independen terhadap manfaat bersih. Kata kunci: e-Faktur, Kesuksesan Sistem Informasi, Model Kesuksesan Sistem Infomasi Delone dan McLean
Pengaruh Kualitas Layanan, Pengalaman Nasabah Terhadap Kepuasan Nasabah dan Dampaknya pada Loyalitas Nasabah Pengguna Mobile Banking Livin Mandiri Muhamad Rafli; Muhamad Yunanto
Syntax Literate Jurnal Ilmiah Indonesia
Publisher : Syntax Corporation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36418/syntax-literate.v9i5.15331

Abstract

Di dunia saat ini, fenomena mobile banking dalam bentuknya saat ini mungkin masih dalam tahap implementasi, meskipun frekuensi mobile banking sudah jelas. Mereka menekankan perlunya mempertimbangkan pengenalan mobile banking di negaranegara terbelakang, karena meningkatkan inklusi keuangan, memperbaiki sistem perbankan dan pada akhirnya berdampak positif pada perekonomian. Mobile banking adalah jenis model perbankan berbasis internet melalui perangkat dan layanan nirkabel yang memungkinkan nasabah. Penelitian ini bertujuan untuk menganalisis Pengaruh Kualitas Layanan, Pengalaman Nasabah Terhadap Kepuasan Nasabah Dan Dampaknya Pada Loyalitas Nasabah. Metode penelitian ini menggunakan purposive sampling sebagai metode pengambilan sampel. Teknik analisis SEM, uji hipotesis yang akan di olah dengan statistik IBM SPSS Amos 26 melalui data primer yang diperoleh dengan cara menyebarkan kuesioner kepada masyarakat pengguna mobile banking Livin Mandiri Bogor Raya. Hasil penelitian menunjukkan bahwa Kualitas Layanan tidak berpengaruh langsung terhadap kepuasan nasabah. Pengalaman Nasabah berpengaruh langsung terhadap kepuasan nasabah. Pengalaman Nasabah tidak berpengaruh langsung terhadap loyalitas nasabah. Kualitas Layanan tidak berpengaruh langsung terhadap loyalitas nasabah. Kepuasan Nasabah mampu memediasi pengaruh kualitas pelayanan dan pengalaman nasabah terhadap loyalitas nasabah.
DETERMINAN MINAT MENGGUNAKAN APLIKASI REKSA DANA BIBIT PADA MAHASISWA Aliyah, Safa; Medyawati, Henny; Yunanto, Muhamad
Ultima Management : Jurnal Ilmu Manajemen Vol 15 No 1 (2023): Ultima Management : Jurnal Ilmu Manajemen
Publisher : Universitas Multimedia Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31937/manajemen.v15i1.3119

Abstract

Abstract- The purpose of this research was to analyze the effect of perceived ease of use, trust and product knowledge on interest in using the Aplikasi Reksa Dana Bibit on students/I Gunadarma University Faculty of Economics 2018. This research will also find the most dominant in the research model. The source of the data for this research is primary data obtained with a questionnaire instrument distributed via google form. The data in this study were successfully collected as many as 100 respondents who were valid and reliable. The test stages carried out in this study were: validity test, reliability test, normality, heteroscedasticity, multicollinearity, multiple linear regression, multiple linear coefficients, coefficient of determination, f test and t test were used to test the hypothesis. The sampling method in this study is non-probability sampling with purposive sampling technique.The results of this research is the variable perceived ease of use, trust and product knowledge had an effect on interest in using the Aplikasi Reksa Dana Bibit. The most dominant variable in this study was the product knowledge variable. Keywords: Aplikasi Bibit; Kepercayaan; Minat menggunakan; Persepsi Kemudahan Penggunaan; Pengetahuan Produk