Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : Jurnal Al-ittifaq

ANALISIS DAMPAK KEBIJAKAN MONETER TERHADAP PERTUMBUHAN EKONOMI INDONESIA TAHUN 2015-2024 Aminullah, Fahmi; Alimin, Alimin; Ramahdani, Lili
AL-ITTIFAQ Jurnal Ekonomi Syariah Vol. 5 No. 2 (2025): Al-Ittifaq : Jurnal Ekonomi Syariah
Publisher : Universitas Islam Negeri Mahmud Yunus Batusangkar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31958/alittifaq.v5i2.16179

Abstract

The purpose of this study is to analyze the effect of monetary policy on Indonesia’s economic growth in the period of 2015–2024 using the interest rate of the Indonesian Bank Certificate Sertifikat Bank Indonesia, the money supply, the exchange rate, and inflationary pressure as the independent variable, and the economic growth as the dependent variable. The study used the quantitative research method by taking secondary data from the Central Bureau of Statistics and the Bank of Indonesia then analyzed using multiple linear regression with the Ordinary Least Squares method which is supplemented by t test, F test, coefficient of determinant R², and classic assumption test to ensure if the model is valid. The research findings showed that the SBI interest rate has a negative and significant influence on economic growth, inflation has a positive and significant effect, and the money supply and the exchange rate do not have a significant influence. Simultaneously, all four independent variables have a significant impact on economic growth by a value of R² of 73.35%. It means most of the variation of economic growth can be explained by independent variable of this model, while the rest is influenced by other factors beyond this research. In conclusion, the research finding asserted that monetary policy has an important role in maintaining stability and promoting economic growth in Indonesia, especially with main contribution as a recommendation for policymakers and monetary authorities to control interest rate and inflation and to recommend for further research by adding more variable such as investment, export, import, and government expenditure.
Co-Authors Abdul Rokhim Aden Mula Pratiwi Adman, Finkyasti Nur Adnan Hakim Agus Sutriawan Ahmad Zaeni Ahmad Zaeni, Ahmad Ahmad, La Ode Ainiyah, Maslakhatul Alham, Alham Alwahab Alwahab Amal, Della Ardana Aminullah, Fahmi Ana, Selvia Roos Anjani, Ika Bahtiar Bahtiar C Bijang Darwin Ismail Darwin Ismail Diana Eka Pratiwi Dwi Nita Aryani Eliyanti Agus Mokodompit Elizabet Matolisi, Elizabet Ellys Kumala Pramartaningthyas, Ellys Kumala Fahlefi, Rizal Fahmiati Fahmiati Falaq, Muzamil Fardila, Dinda Fitra Ramadhan, Wa Ode Hasmyati, Hasmyati Hendra Putra Hidayah, Bariqotul HUSNI SHABRI Ilyas, Muslim Bin Imran Imran Indriana Kartini Indriana Kartini Indriana Kartini Intan Intan Iswardani, Kurnia Jamaluddin, Ismah Fadhilah Jusman, Nur Hasanah Jusniar Jusniar, Jusniar La Aba La Agusu La Agusu, La Agusu La Ode Abd Kadir La Ode Ahmad La Ode Ahmad Nur Ramadhan La Ode Kadidae, La Ode Laily Nurliana Levianto, Jubei Madina Madina Maharani, Pratitis Tri Marlini Marlini Mashuni Mashuni Mayaneta, Ketrein Triyas Muh. Edihar Muh. Natsir Muhamad, Fadel Muhammad Danial Munawwarah Munawwarah, Munawwarah Munirwan Zani, Munirwan Muzakkar, Muhammad Zakir Narsito Narsito Narsito Narsito Nasrul Nasrul Niken Paramita Nohong Nur Indah Atifah Anwar Nur K., Wa Ode Miranda Nurhana, Riza Nurul Fauzi Rahmayanti Rahmayanti Rahmi.S, Rahmi.S Ramahdani, Lili Ramdani Ramdani Ramlawati Ramlawati Riniwati Riniwati, Riniwati Ritonga, Halimahtussaddiyah Rohmana Rohmana Ruslan Ruslan Sabri Sabri Safilu Safilu Sari, Dila Permata Sari, Rivian Anda Solly Aryza Sri J. Santosa Sri J. Santosa Sri Juari Santosa Sugiarti Sugiarti Sulih Indra Dewi, Sulih Indra Syamsul Bahri Taufiqur Rohman THAMRIN AZIS Topan, Paris Ali Uliana Uliana Wa Ode Harlis Wahyudin Madil Wardani, Happy Kusuma Wardani, Muhammad Ari Wijaya Widi Nopiardo Yashar, Aliyas Zainuddin, Zainuddin Zulkifli Zulkifli