Journal of Islamic Finance and Economic Studies
Vol. 2 No. 1 (2026): Journal of Islamic Finance and Economic Studies

Evidence-Informed Employment Policy Decisions under Uncertainty: Regional Output, Minimum Wages, and Education in Lampung

Sulistiyono (Universitas Islam Negeri Raden Intan Lampung)
Erike Anggraeni (Universitas Islam Negeri Raden Intan Lampung, Indonesia)



Article Info

Publish Date
30 Jun 2026

Abstract

Background: Regional labor-market policy must balance job creation, wage protection, and workforce capability despite uncertain evidence. Aims: To appraise reported associations between regional economic performance, minimum wages, educational attainment, and employment in Lampung and clarify their decision relevance. Methods: A retrospective reappraisal used published regression results for 14 districts/municipalities over 2013–2015 (42 district-year observations). The original analysis employed multiple linear regression in SPSS 17; a qualitative decision-evidence matrix was subsequently developed without new estimation or policy optimization. Results: Economic performance (B = 0.172, p = .537) and minimum wages (B = −0.029, p = .958) were not statistically significant, while education was positively associated with labor absorption (B = 0.447, p < .001). Model fit was F(3, 38) = 13.277, p < .001, R² = .512. Conclusion: Education provides a historical diagnostic signal rather than evidence of program effectiveness. The matrix identifies missing information on measurement, causal effects, costs, and distributional trade-offs before policy choices can be assessed.

Copyrights © 2026






Journal Info

Abbrev

jifes

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Environmental Science Law, Crime, Criminology & Criminal Justice

Description

Journal of Islamic Finance and Economic Studies (JIFES) (e-ISSN: 3108-964X) is a peer-reviewed journal published biannually that focuses on the integration of Islamic finance, socioeconomic transformation, and sustainable development. JIFES highlights innovative research that bridges maqasid ...