Uma'iyah, Auliya Dwi Faisatun
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Dampak BI 7-day reverse repo rate dan Fed rate terhadap Indeks Saham Syariah Indonesia dengan pendekatan Vector Error Correction Model Uma'iyah, Auliya Dwi Faisatun; Nurhadi, Bayu
Journal of Economics Research and Policy Studies Vol. 4 No. 2 (2024): Journal of Economics Research and Policy Studies
Publisher : Nur Science Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53088/jerps.v4i2.874

Abstract

This research aims to determine how the BI 7-Day Reverse Repo Rate and FED Rate variables influence ISSI movements in the short and long term. This research uses a quantitative approach, namely the Vector Error Correction Model. The data used in this research is secondary data. In the short term, the BI 7-Day Reverse Repo Rate does not affect ISSI, while the FED Rate has a negative effect on ISSI. In the long term, the BI 7-Day Reverse Repo Rate has a positive effect, while the FED Rate has a negative effect on ISSI.