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All Journal Signifikan : Jurnal Ilmu Ekonomi Media Ekonomi dan Manajemen
Badara Shofi Dana, Badara Shofi
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Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering

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Monetary and Fiscal Policy on Inflation in Indonesia: Threshold Vector Autoregression Approach Yuliati, Lilis; Dana, Badara Shofi; Musaiyaroh, Ati
Media Ekonomi dan Manajemen Vol 40, No 1 (2025): January 2025
Publisher : Fakultas Ekonomika dan Bisnis UNTAG Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56444/mem.v40i1.5014

Abstract

The combination of monetary and fiscal policies is used to stabilize prices in Indonesia. The purpose of this study is to analyse the role of monetary and fiscal policies in stabilizing prices in Indonesia through the threshold concept. The data used is time series (2013Q1-2023Q2) with the Threshold Vector Autoregression method. The results show that the interest rate and budget thresholds can affect inflation stability. Other variables, such as the exchange rate, output gap, and FFR, have varying effects depending on the threshold. Thus, combining adjustments in monetary and fiscal policies and understanding the impact of inflation at various policymakers can better manage economic growth and maintain price stability in the long term.
Government’s Role in Enhancing Economic InclusionThrough Digital Infrastructure Equity in Indonesia Himmati, Risdiana; Dana, Badara Shofi; Wati, Aprilia Eka Fajar
Signifikan: Jurnal Ilmu Ekonomi Vol. 14 No. 2 (2025)
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v14i2.45574

Abstract

Research Originality: This research is original in its examination of the equitable distribution of digital infrastructure in enhancing economic inclusion in Indonesia, employing a fixed effect model and quantile regression approach. Research Objectives: This study investigates the impact of the equitable distribution of digital infrastructure on enhancing economic inclusion in Indonesia. Research Methods: This study employs a fixed effect model and quantile regression, analyzing data from 34 provinces between 2019 and 2023. Key variables include internet access, internet speed, the number of Base Transceiver Stations (BTS), and digital literacy. Empirical Results: The findings reveal that internet access and internet speed have a positive and significant impact on digital financial inclusion, whereas the number of BTS and digital literacy exhibit no significant effect. The impact of digital infrastructure varies across regions, with areas exhibiting lower financial inclusion requiring greater infrastructure optimization compared to those with higher inclusion levels. Implications: The results imply that digital infrastructure development plays a critical role in promoting equitable financial inclusion. Consequently, policymakers are urged to prioritize and accelerate the expansion of digital infrastructure, particularly in regions lagging behind, to reduce financial exclusion and foster inclusive economic development at the national level. JEL Classification: O33, O10, G28, C23, C21 How to cite: Himmati, R., Dana, B. S., & Wati, A. E. F. (2025). Government’s Role in Enhancing Economic Inclusion Through Digital Infrastructure Equity in Indonesia. Signifikan: Jurnal Ilmu Ekonomi, 14(2), 291-302. https://doi.org/10.15408/sjie.v14i2.45574.
Co-Authors Ati Musaiyaroh, Ati Himmati, Risdiana Lilis Yuliati Wati, Aprilia Eka Fajar