cover
Contact Name
Firdha Aksari Anindyntha
Contact Email
firdhaaksari@umm.ac.id
Phone
+6282231878288
Journal Mail Official
jofei@umm.ac.id
Editorial Address
Jl. Raya Tlogomas 246 Malang, Indonesia, 65144 Phone 0341-460318 Department of Economic Development, Faculty of Economics and Business, University of Muhammadiyah Malang
Location
Kota malang,
Jawa timur
INDONESIA
Journal of Financial Economics & Investment
ISSN : 29872820     EISSN : 28089413     DOI : https://doi.org/10.22219/jofei.v2i1.19441
Core Subject : Economy,
including financial economics, banking finance, corporate finance, public sector finance, international finance, Islamic finance, financial risk management and analysis, financial accounting and reporting, investment education, investment behavior, public sector investment, private sector investment, portfolio and trade optimization, investment management.
Articles 63 Documents
DAMPAK INVESTASI ENERGI TERBARUKAN TERHADAP EMISI KARBON DI NEGARA OECD Sukmawati, Mega Listiani; Hariyani, Happy Febrina
Journal of Financial Economics & Investment Vol. 5 No. 1 (2025): Journal of Financial Economics & Investment
Publisher : Program Studi Ekonomi Pembangunan

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Abstract

Global warming causes various negative impacts such as decreased productivity, rising sea levels, and losses in the agricultural sector which ultimately have a negative impact on GDP. Many economic sectors rely on fossil fuels, increasing carbon dioxide emissions, which worsen global warming. In OECD countries, although the economy continues to grow, there are efforts to reduce emissions through energy efficiency and changes in economic structure. Renewable energy has emerged as an important solution to reduce carbon emissions and environmental damage, with renewable energy consumption proving to be more effective in driving economic growth than fossil fuels. This study aims to examine the impact of renewable energy investment on carbon emissions in OECD countries, with the main variables including renewable energy, GDP, electricity generation, and CO₂ emissions. This study uses a panel regression method consisting of 18 OECD countries for the period 2013-2021 with a Random Effect Model. The results of the study show that Renewable Energy Investment, GDP and Power Generation have an effect on CO2 Emissions in OECD countries. The implication is to create policies on CO2 emission reduction targets in OECD countries while maintaining economic growth and energy security.
DETERMINAN INDEKS HARGA SAHAM GABUNGAN DENGAN NILAI TUKAR SEBAGAI VARIABEL MODERASI Riswanto, Gendy; Riyanto, Wahyu Hidayat
Journal of Financial Economics & Investment Vol. 5 No. 1 (2025): Journal of Financial Economics & Investment
Publisher : Program Studi Ekonomi Pembangunan

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Abstract

Indonesian Stock Exchange provides a forum for assessing the performance of all shares which can be seen or listed on Composite Stock Price Index. This research aims to determine and understand the influence of, Bank Indonesia interest rates, the money supply, and Bank Indonesia interest rates and the amount of money in circulation on the Composite Stock Price Index, using exchange rates as a moderating variable. By utilizing secondary data for the 2021-2023 period from www.ksei.co.id, www.satudata.kemendag.go.id, and www.idx.co.id, regression analysis was carried out using Smart PLS software. The results of analysis show that the BI rate and money supply have a significant influence on the composite stock price index. On the other hand, the exchange rate shows an inability to moderate or weaken the relationship between the BI rate and the amount of money in circulation on the Composite Stock Price Index. The implications of this research are to design effective policies in maintaining the stability of the capital market and exchange rates by the government and financial authorities as well as the basis for making investment decisions, especially anticipating the impact of exchange rate fluctuations on stock market movements.  
ANALISIS INKLUSI KEUANGAN TERHADAP PERTUMBUHAN EKONOMI DI INDONESIA Ibrohim, Muhammad Andhika; Susilowati, Dwi; Yuli, Sri Budi Cantika
Journal of Financial Economics & Investment Vol. 5 No. 1 (2025): Journal of Financial Economics & Investment
Publisher : Program Studi Ekonomi Pembangunan

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Abstract

Economic growth and financial inclusion have a mutually reinforcing relationship. Financial inclusion consists of three indices, namely Availability, Access, and Usage. The purpose of this study is to determine the influence of the level of financial inclusion on economic growth in Indonesia and to determine which indicators most influence economic growth in Indonesia. The method used in this study is Partial Lie Square (PLS) analysis. The study period is 2017-2023 with quarterly data with independent variables (Financial Inclusion) as latent variables that have many indicators. The results of the analysis show that of the three latent variables of financial inclusion, there are two variables that affect economic growth, namely Access with indicators of debit cards, credit cards, and e-money cards. and Usage with indicators of debit transaction volume. The implication of the research results is that government and central bank policies are to encourage access and use of digital financial services in the community, especially those underserved by formal financial institutions as an effort to accelerate economic growth in Indonesia.