Garuda - Garba Rujukan Digital

PENGARUH PERUBAHAN KASUS POSITIF COVID-19 DAN NILAI TUKAR TERHADAP INDEKS HARGA SAHAM DI INDONESIA Santi Fitriani; Ahmad Setiawan Nuraya
Ultima Management : Jurnal Ilmu Manajemen Vol 14 No 2 (2022): Ultima Management : Jurnal Ilmu Manajemen
Publisher : Universitas Multimedia Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31937/manajemen.v14i2.2904

Abstract- This study aims to analyze whether the Jakarta Composite Index is affected by changes in the positive cases of Covid-19 in Indonesia and the Rupiah against the US$. This research was motivated by the high number of positive cases of COVID-19 in Indonesia which affected economic activity in Indonesia. The sample in this study was determined using the purposive sampling method, so that a sample of 52 observations was obtained. The variables in this study were the weekly average data of the Composite Stock Index (IHSG) on the Indonesia Stock Exchange and Positive Cases of Covid-19 and the Rupiah against US$ which is for the period March 2, 2020 – March 7, 2021. This study uses secondary data in the form of time series measured using the multiple linear regression analysis method. The results of the study found that the Positive Case of Covid-19 had a significant negative effect on the JCI and the Rupiah on the US $ had a non-significant positive effect. Keywords: Composite Stock Price Index; COVID-19; US$; Share; Capital market

Analisis Peran Akumulasi Modal dalam Pertumbuhan Ekonomi: Faktor-Faktor Pendorong Pertumbuhan Ekonomi di Indonesia Herlina Reva Carita; Haura Khalisa Hakim; Raden Naufal Hilmi Saputra; Ni Komang Mia Fabiola; Izzan Shulhan Albar; Vanessa Azahra Rohman; Ahmad Setiawan Nuraya
Dharma Ekonomi Vol. 32 No. 1 (2025): DHARMA EKONOMI
Publisher : sekolah Tinggi Ilmu Ekonomi Dharmaputra Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59725/de.v32i1.230

Economic growth is a complex process influenced by various factors, one of which is capital accumulation. Capital accumulation plays a crucial role in increasing production capacity, creating employment opportunities, and enhancing labor productivity. This study analyzes the role of capital accumulation in Indonesia’s economic growth by highlighting key factors contributing to national output expansion. Using the growth accounting approach and neoclassical growth theory, this research confirms that while capital accumulation contributes to per capita income growth, long-term economic growth remains dependent on efficient resource allocation and productivity improvements through innovation and human capital development. The Cobb-Douglas production model is applied to understand the relationship between capital, labor, and output in determining economic growth rates. The findings indicate that countries with higher savings and investment rates tend to experience faster economic growth. Therefore, economic policies focusing on increasing investment, strengthening human capital, and optimizing resource allocation are key factors in accelerating Indonesia’s economic growth.

Analisis Teknologi terhadap Perekonomian Nasional: Studi Kasus Kontribusi GoTo terhadap Pendapatan Indonesia Abiyyu Rahmatullah; Agus Rizki Pandapotan Siagian; Ahmad Devani Yuslah; Alfia Damar Yanti; Annisa, Fesya Diva; Ahmad Setiawan Nuraya
Dharma Ekonomi Vol. 32 No. 1 (2025): DHARMA EKONOMI
Publisher : sekolah Tinggi Ilmu Ekonomi Dharmaputra Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59725/de.v32i1.231

The research analyzes the impact of technology on Indonesia's national economy, focusing on GoTo's contribution as a leading technology company. GoTo, born from the merger of Gojek and Tokopedia, has created an innovative business model that connects consumers and businesses through an efficient digital platform. Secondary data analysis from LPEM FEB UI (2023), Aji (2023), Jerry (2023) SMERU Research Institute (2022), and other relevant sources, shows that GoTo makes a significant contribution to Indonesia's GDP, estimated at Rp349 trillion to Rp428 trillion in 2022, equivalent to 1.8% to 2.2% of total GDP. In addition, GoTo has empowered MSMEs by increasing average incomes by 30% for those in its ecosystem, created approximately 1.7 million jobs, and contributed to reducing income inequality by lowering the Gini coefficient by 4.43% in its operating regions. The research also underscores the importance of GoTo in facilitating increased value addition and business efficiency. Nonetheless, challenges such as the digital divide and the need for increased digital literacy remain a concern. By optimally utilizing the potential of the digital ecosystem and addressing existing challenges, Indonesia can achieve sustainable, inclusive, and equitable economic growth through the strategic role of technology companies like GoTo.

Peran Sumber Daya Manusia, Pendidikan, dan Kebijakan Pemerintah dalam Meningkatkan Pertumbuhan Ekonomi Indonesia Devi Prameswati; Fikria Hanifa Nabiha; Flira Tri Octaviani; Puri, Gista Alfania; Kayla Aryani Putri Nugroho; Ahmad Setiawan Nuraya
Dharma Ekonomi Vol. 32 No. 1 (2025): DHARMA EKONOMI
Publisher : sekolah Tinggi Ilmu Ekonomi Dharmaputra Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59725/de.v32i1.232

The study was conducted to analyze the relationship between the quality of human resources (HR) and economic growth in Indonesia which aims to determine the role of Human Resources, Education, and Government Policy in Indonesia's economic growth. By using descriptive qualitative research methods, data were collected through literature studies by collecting journals and articles spread across the Internet. The results of the study obtained were that 1) The Role of Human Resources in Economic Growth. 2) The Role of Education in Economic Growth. 3) The Role of Government Policy in Economic Growth. Based on the results of the study, it is expected that the government can continue to improve the quality of education and HR skills to improve the Indonesian economy.

Studi Pengaruh Kebijakan Bantuan Sosial Tunai Nasional terhadap Daya Beli di Kota Surabaya Naysilla Chairani; Nisrina Zasmin; Rahman Raisuli; Akhmad Rasyid Rosidi; Ahmad Setiawan Nuraya
Maeswara : Jurnal Riset Ilmu Manajemen dan Kewirausahaan Vol. 3 No. 3 (2025): JUNI : Maeswara : Jurnal Riset Ilmu Manajemen dan Kewirausahaan
Publisher : Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/maeswara.v3i3.1830

This study aims to evaluate the effectiveness of the National Cash Social Assistance (BST) policy on the purchasing power of communities in Surabaya. BST is a social protection program launched by the Indonesian government in response to the economic impact of the COVID-19 pandemic. The policy targets low-income and vulnerable groups through direct cash transfers, with the goal of maintaining basic consumption levels and preventing a sharp decline in household welfare. This research examines the extent to which the BST program has achieved its objectives, particularly in enhancing or sustaining the purchasing power of its beneficiaries in urban settings. The study employs an evaluative approach using a mixed-methods design, combining quantitative survey data with qualitative interviews involving aid recipients and local-level implementers. The findings indicate that the BST program had a positive short-term impact on household purchasing power, particularly in meeting essential needs such as food and utility expenses. However, several implementation challenges were also identified, including issues of inaccurate beneficiary targeting, delays in distribution, and the relatively small amount of assistance compared to actual household need. These results highlight that the effectiveness of social policy is not solely dependent on budget allocation but also on the precision of its implementation on the ground. Consequently, the study recommends improvements in beneficiary data updating, enhanced transparency in aid distribution, and the development of more adaptive program designs that reflect local socio-economic conditions. The findings are expected to serve as a valuable reference for policymakers in designing more efficient and sustainable social assistance programs in the future.

Monetary Policy Analysis on the Interest Rate Value of Indonesian Bank : Case Study of the Impact of the Fed's Policy in 2022 Afifah Damayanti; Muhammad Dwi Laksono; , Esha Siti Khodimah; , Evada Rustinah; Muhammad AlZidan Herdiansyah; Ahmad Setiawan Nuraya
LITERACY : International Scientific Journals of Social, Education, Humanities Vol. 4 No. 2 (2025): August : International Scientific Journals of Social, Education, Humanities
Publisher : Badan Penerbit STIEPARI Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56910/literacy.v4i2.2551

This study examines the impact of Federal Reserve (Fed) monetary policy in 2022 on the Bank Indonesia (BI) benchmark interest rate and BI's responses to maintain national economic stability. In response to high inflation in the United States, the Fed raised interest rates aggressively from 0.25% to 4.25%. This policy resulted in the depreciation of the rupiah exchange rate, capital outflows, and an increase in imported inflation in Indonesia. In response, BI gradually increased the BI 7-Day Reverse Repo Rate from 3.50% to 5.75%, intervened in the foreign exchange (forex) market, and strengthened policy coordination with fiscal authorities. The results demonstrate that BI successfully maintained exchange rate stability and contained inflation. Economic growth remained positive at 5.72% year over year in the third quarter of 2022. These findings underscore the importance of adaptive, measured, and coordinated monetary policy in the face of global dynamics.

Analisis Pengaruh E-Wallet Terhadap Perilaku Menabung dan Pengeluaran Konsumen di Indonesia Siti Afiyah Hardinar Nazhifah; Zakia Zamielna Putri; Shandy Zahra Permadi; Shakila Dian Nova; Alsheira Nasywa; Ahmad Setiawan Nuraya
Jurnal Ilmu Manajemen, Ekonomi dan Kewirausahaan Vol. 5 No. 1 (2025): Maret : Jurnal Ilmu Manajemen, Ekonomi dan Kewirausahaan
Publisher : Pusat Riset dan Inovasi Nasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/jimek.v5i1.6402

This study aims to analyze the effect of e-wallet usage on consumer savings behavior and spending patterns in Indonesia. In the digital era, e-wallets have become a commonly used transaction tool due to their convenience, speed, and various promotional features offered. However, behind their convenience, e-wallets also pose new challenges in personal financial management, such as increased consumer behavior and decreased savings intentions. This study uses a quantitative explanatory approach with a cross-sectional survey design to understand the relationship between the intensity of e-wallet usage and consumer savings and spending habits. The results of the study show that ease of transactions and digital incentives can encourage spontaneous consumption behavior and weaken awareness of the importance of saving. However, with adequate digital financial literacy, e-wallets also have the potential to be a tool in managing finances wisely. This study emphasizes the importance of digital financial education so that people can utilize financial technology in a healthy and sustainable manner.

FLUKTUASI NILAI TUKAR RUPIAH & DAMPAKNYA TERHADAP IMPOR KEDELAI DARI AMERIKA SERIKAT KE INDONESIA PERIODE 2018 - 2024 Ratu Aribah Santika Xaviera; Aisyah Fahriza Anindita; Alfina Marta; Aradea Margareta; Rara Marcella; Ahmad Setiawan Nuraya
OIKOS: Jurnal Kajian Pendidikan Ekonomi dan Ilmu Ekonomi Vol 9 No 2 (2025): OIKOS: Jurnal Kajian Pendidikan Ekonomi dan Ilmu Ekonomi
Publisher : Fakultas Keguruan Dan Ilmu Pendidikan Universitas Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar

This study aims to analyze the relationship between fluctuations in the rupiah exchange rate and the volume of soybean imports from the United States to Indonesia during the period 2018-2024. The data used includes the average exchange rate of the rupiah against the US dollar per year, the volume of soybean imports per year, as well as relevant macroeconomic factors such as global soybean prices, government import policies, and domestic demand. The analysis shows that the rupiah exchange rate experienced significant fluctuations during the period, especially in 2020 due to the COVID-19 pandemic and in 2022 due to global economic instability. These fluctuations significantly affected the volume of soybean imports, where a weakening exchange rate tends to decrease the volume of imports due to increased import costs in rupiah terms. Descriptive statistics show that there is a negative correlation between the exchange rate and import volume, which is confirmed through linear regression analysis. The regression results show that the rupiah exchange rate has a significant effect on the volume of soybean imports from the United States. In addition, other variables such as world soybean prices, subsidy and import duty policies, and demand from the domestic industry also influence fluctuations in import volume. Thus, the stability of the rupiah exchange rate is a key factor in maintaining a smooth and adequate supply of imported soybeans, which is very important for the national food industry.

Analisis Edukatif Kebijakan Suku Bunga Bank Indonesia Berdasarkan Taylor Rule (2022–2023) Mutia Rafa Nursawitri; Nadia Sulistyaningsih; Miranda Herdia Nova; Miftahul Jannah; Khanaya Isyabrina Maryam; Gregorius Agung Steven Simanjuntak; Ahmad Setiawan Nuraya
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 9 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/elmal.v6i9.8466

This study analyzes Bank Indonesia’s benchmark interest rate policy during the 2022–2023 period using the Taylor Rule approach, a simple formula that links interest rate settings with inflation conditions and the output gap. The research adopts a descriptive quantitative method. The purpose of this study is to provide a more comprehensive understanding for the general public regarding the fundamentals behind Bank Indonesia’s interest rate decisions. The data used were obtained from Bank Indonesia and Statistics Indonesia (Badan Pusat Statistik), including actual inflation and economic growth figures. The analysis results indicate that in several periods, Bank Indonesia’s decisions aligned with the Taylor Rule, particularly in the second half of 2022 when core inflation exceeded the central bank’s target. However, some deviations were observed, primarily due to external economic shocks and currency volatility considerations. The study concludes that although the Taylor Rule can serve as an initial guideline, Bank Indonesia must remain flexible in responding to economic challenges. This research is expected to enhance public understanding of how interest rate policies are formulated in Indonesia.

Analisis Edukatif Kebijakan Suku Bunga Bank Indonesia Berdasarkan Taylor Rule (2022–2023) Mutia Rafa Nursawitri; Nadia Sulistyaningsih; Miranda Herdia Nova; Miftahul Jannah; Khanaya Isyabrina Maryam; Gregorius Agung Steven Simanjuntak; Ahmad Setiawan Nuraya
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 9 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/elmal.v6i9.8466

This study analyzes Bank Indonesia’s benchmark interest rate policy during the 2022–2023 period using the Taylor Rule approach, a simple formula that links interest rate settings with inflation conditions and the output gap. The research adopts a descriptive quantitative method. The purpose of this study is to provide a more comprehensive understanding for the general public regarding the fundamentals behind Bank Indonesia’s interest rate decisions. The data used were obtained from Bank Indonesia and Statistics Indonesia (Badan Pusat Statistik), including actual inflation and economic growth figures. The analysis results indicate that in several periods, Bank Indonesia’s decisions aligned with the Taylor Rule, particularly in the second half of 2022 when core inflation exceeded the central bank’s target. However, some deviations were observed, primarily due to external economic shocks and currency volatility considerations. The study concludes that although the Taylor Rule can serve as an initial guideline, Bank Indonesia must remain flexible in responding to economic challenges. This research is expected to enhance public understanding of how interest rate policies are formulated in Indonesia.

Title

Found 10 Documents
Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title Search

Found 10 Documents Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title

Found 10 Documents
Search