Analisis Hubungan antara Uang Elektronik (E-Money) dan Jumlah Uang Beredar di Indonesia

Narulita, Leira (Jurusan Ekonomi Pembangunan, Fakultas Ekonomi dan Bisnis, Universitas Pembangunan)
Setiawati, Ririt Iriani Sri (Jurusan Ekonomi Pembangunan, Fakultas Ekonomi dan Bisnis, Universitas Pembangunan)

Jurnal Bisnis Indonesia
Vol 15, No 1 (2024): Jurnal Bisnis Indonesia

This study aims to analyze the relationship between electronic money (e-money) and money supply inIndonesia. The data used is electronic money, APMK and the money supply. Using cointegration testanalysis to determine the long-term balance relationship, and granger causality test to determine thereciprocal relationships between variables. The results of the analysis show that the variables ofelectronic money and the money supply have a long-term balance and between electronic moneyvariables and the money supply only have a one-way causality relationship.Keywords: Electronic Money (E-Money); Money Supply; Inflation