Enrichment : Journal of Management
Vol. 14 No. 5 (2024): December: Management Science And Field

Investment in bond, stock, gold, real estate and bitcoin as a hedge against inflation in Indonesia

Dewi, Shinta Kurnia (Unknown)
Suk, Kim Sung (Unknown)



Article Info

Publish Date
11 Dec 2024

Abstract

Constant changes in the prices of goods and services cause inflation. This inflation can cause a decrease in the value of money owned by the community, so it is important for investors to be able to hedge so that the value of wealth is maintained. This study aims to analyze whether there is a cointegration relationship between inflation and bonds, stock markets, gold, real estate and bitcoin in the market in Indonesia. This research was conducted quantitatively using the Johansen's Cointegration Test method analysis technique. The data used in this study are in the form of monthly from 2011 to 2023. The results of the study show that bonds, stock markets, gold and real estate have a cointegration relationship with inflation. However, bitcoin does not have a cointegration relationship with inflation.

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Journal Info

Abbrev

enrichment

Publisher

Subject

Economics, Econometrics & Finance

Description

The Enrichment : Journal of Management offers wide ranging and widespread analysis of all surfaces of management and science. Published two times per year, it delivers a emphasis for universal proficiency in the vital methods, techniques and areas of research; presents a opportunity for its readers ...