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Analysis of the Influence of Inflation, Fed Rate, and BI Rate on the IDX 30 Stock Price Index on the Indonesia Stock Exchange Muhamad Raafi Al Hadi Mubarrok; Ririt Iriani
International Journal of Economics and Management Research Vol. 3 No. 1 (2024): April : International Journal of Economics and Management Research
Publisher : Pusat Riset dan Inovasi Nasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/ijemr.v3i1.437

Abstract

The IDX30 stock index can fluctuate or change, and these changes occur due to several macroeconomic factors, including the Fed interest rate, BI interest rate, and inflation rate. The objective of this study is to understand the impact of changes in BI interest rates, Fed interest rates, and inflation on the IDX30 stock index. The data used in this study covers the period from 2022 to 2024. This study employs a multiple regression analysis model based on OLS as its methodology. The results of the multiple regression analysis indicate that the IDX30 stock index is significantly influenced, both partially and simultaneously, by inflation, the Fed rate, and the BI rate. The findings suggest that the economy is stable and not in a recessionary state, thereby encouraging investment in stocks for speculative trading. This, in turn, supports trading levels that allow investors to purchase stocks even when inflation increases.
Penentuan Kawasan Pariwisata Berbasis Komoditas Unggulan dan Pengaruh Beberapa Variabel Terhadap Pendapatan Asli Daerah Kota Magelang Mochamad Ilham Diva Ramadhan; Ririt Iriani
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 6 No. 9 (2024): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v6i9.2768

Abstract

Original Regional Income is regional income sourced from regional tax results, regional levy results, the results of separated regional wealth management, and other legitimate regional original income, which aims to provide a pass to regions in exploring funding in the implementation of regional autonomy as an embodiment centralized principle. Regional governments are expected to minimize the level of dependence on the central government regarding the management of regional revenues and expenditures. The target of regional development is the development of real, dynamic, harmonious and responsible regional autonomy with an emphasis on districts, cities and municipalities, increasing regional independence and increasingly coordinated development between sectors and between regions as well as between sectoral development and regional development. One component of regional development is tourism development. Magelang City is one of the areas frequently visited by tourists in Central Java Province. is located in a basin with a number of contributors to Magelang City's PAD, one of which is the tourism sector. This research aims to see the influence of Population Number, Number of Domestic Tourists, Number of Foreign Tourists on Regional Original Income (PAD) as well as looking at the leading commodities of tourism areas in Magelang City in 2013-2022. This type of research is quantitative descriptive, testing hypotheses and statistical data for certain uses, as well as time series data. Apart from that, it uses the Location Quotient (LQ) data analysis method, classical assumptions, multiple linear regression analysis, and hypothesis testing using the t test, F test, and Determination Coefficient (R2).