Article Per Year (5 Year)
p-Index From 2021 - 2026
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This Author published in this journals
All Journal Journal of Innovative and Creativity Journal of Ekonomics, Finance, and Management Studies
Mutia Rafa Nursawitri
STIE Indonesia Banking School
Religion Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Mathematics Social Sciences Other

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Efektivitas Kebijakan Fiskal terhadap Permintaan Agregat dan Pertumbuhan Ekonomi di Indonesia: Studi Literatur 2020-2024 Mutia Rafa Nursawitri; Nadia Sulistyaningsih; Miranda Herdia Nova; Miftahul Jannah; Khanaya Isyabrina Maryam; Gregorius Agung Steven Simanjuntak; Ahmad Setiawan Nuraya
Journal of Innovative and Creativity Vol. 5 No. 2 (2025)
Publisher : Fakultas Ilmu Pendidikan Universitas Pahlawan Tuanku Tambusai

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/joecy.v5i2.147

Abstract

The purpose of this study is to investigate the impact that Indonesia's fiscal policy has had on aggregate demand and economic growth throughout the course of the period stretching from 2020 to 2024. The issue that is being discussed is the manner in which fiscal policy, which includes both taxation and spending by the government, can contribute to the economic recovery that follows a pandemic. This research makes use of a methodology known as a literature review, which involves the examination of a variety of publications, reports, and statistical data that are associated with the subject matter. Based on the data, it can be concluded that the expansive fiscal policy that the Indonesian government has enacted helps to effectively enhance aggregate demand, which ultimately results in improved economic growth. As a result of this discovery, a conversation is sparked on the significance of boosting collaboration between fiscal and monetary policy, as well as improving the effectiveness of subsidies and incentives for critical industries. Taking into account the issues that the global economy is currently facing, this research highlights the importance of having an efficient fiscal policy in order to foster growth and ensure the stability of the national economy.
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

Abstract

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.
Co-Authors Ahmad Setiawan Nuraya Gregorius Agung Steven Simanjuntak Khanaya Isyabrina Maryam Miftahul Jannah Miranda Herdia Nova Nadia Sulistyaningsih