cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
-
Contact Email
-
Phone
-
Journal Mail Official
-
Editorial Address
-
Location
Kota medan,
Sumatera utara
INDONESIA
Ekonomi dan Keuangan
Published by Universitas Sumatera Utara
ISSN : 23033625     EISSN : -     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
Jurnal Ekonomi dan Keuangan adalah jurnal yang mempublikasi karya ilmiah yang berupaka hasil penelitian, kajian pustaka dan hasil pembuatan model yang berkaitan di bidang ilmu ekonomi, keuangan, moneter, fiskal, regional dan ekonomi Islam.
Arjuna Subject : -
Articles 5 Documents
 1 
Search results for , issue "Vol 2, No 11 (2014)" : 5 Documents clear
ANALISIS PERMINTAAN DEPOSITO BERJANGKA RUPIAH PADA BANK UMUM DI SUMATERA UTARA TAHUN 2001-2010 Arno Richarto Gultom; Raina Linda Sari
Ekonomi dan Keuangan Vol 2, No 11 (2014)
Publisher : Departemen Ekonomi Pembangunan USU

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (534.041 KB)

Abstract

The main purpose of this research was to analyze the factors that affect demand deposits at commercial banks in North Sumatera. The variables that affect demand in the considered time deposits and the research object are PDRB, the interest rate on time deposits and inflation rat. This research also aims to investigate the contribution of each variable on the demand for time deposits at commercial banks in North Sumatera. To achieve the purpose of analysis, this study used time series data with a range of time during the years 2001 -2010 in quarter to quarter. The method used to estimate this research is to analyze Ordinary Least Square (OLS) in estimating the results of research. The results found that the variable deposit rate, gross domestic product, and demand deposits of one year before a positive and significant impact on demand for time deposits at commercial banks in North Sumatera.Keywords : Demand Deposit , PDRB, the interest rate , inflation rate
ANALISIS EFEKTIVITAS TRANSMISI KEBIJAKAN MONETER GANDA DI INDONESIA Ingrit Magdalena; Wahyu Ario Pratomo
Ekonomi dan Keuangan Vol 2, No 11 (2014)
Publisher : Departemen Ekonomi Pembangunan USU

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (974.561 KB)

Abstract

This study aims to examine the monetary transmission of dual banking system from is a conventional and sharia to the inflation rate. In this study, the model used is the Vector Error correction model (VECM) and Granger Causality Test which aims to look at the relationship and linkages Dual transmission of monetary policy from the conventional and sharia policy against inflation. The results showed the conventional monetary transmission has continuity to inflation starting while monenter sharia showed no continuity of sharia variables leading to inflation , sharia is only continuous variables among these variables.Keywords : Inflation, Conventional Monetary Transmission, Sharia Monetary Transmission, VECM, Causality Test.
ANALISIS STRATEGI PENGEMBANGAN BMT (BAITUL MAAL WAT TAMWIL) DI KOTA MEDAN Isma Ilmi Hayati Ginting; Ilyda Sudardjat
Ekonomi dan Keuangan Vol 2, No 11 (2014)
Publisher : Departemen Ekonomi Pembangunan USU

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (432.889 KB)

Abstract

This study aims to identified internal and external factors of BMT in Medan and making the business strategy that can be applied to developed BMT in Medan.The data that used in this study was primary data that has been collected using questionnaire and benn analyzed using internal and external factor analysis also SWOT quantitative analysis, SWOT is the stands for Strenghts, Weakness, Opportunity, and Threats, SWOT stages assumes the effective strategy that maximize strengths and opportunities and minimalyzed weaknesses and threats.The strategy that been obtained was a. Developing bookkeeping system that appropriate with sharia system and more transparent with the sharing system; b. Utilize government support against Islamic banking with increasing the types of sharia products; c. Government support can be used to fix the information and technology that used to give the good services to the community; d. Creating partnership with other bank that doing Islamic principles to do the training and development program for the human resource on BMT Amanah Ray in Medan; e. Holding counseling for the community about sharia system on BMT dan bookkeeping system that BMT Amanah Ray owned to open the peoples insight about BMT Amanah Ray in Medan and also promoting it; f. Increase the role of BMT trough the soft credit policy with mild condition; g. Promotion about BMT that impose sharia bookkeeping systems; h. Fix the facilities and infrastructures on technology to compete with another institutions.Keywords : Strategy, BMT, SWOT, Internal Factor, External Factor.
ANALISIS MONDAY EFFECT DAN ROGALSKI EFFECT TERHADAP RETURN SAHAM DI BURSA EFEK INDONESIA (BEI) PERIODE 2012-2013 Susetriani Putri F.A.S; Syarief Fauzie
Ekonomi dan Keuangan Vol 2, No 11 (2014)
Publisher : Departemen Ekonomi Pembangunan USU

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (938.53 KB)

Abstract

This research aims to test and analyze the Monday effect and Rogalski effect on stock return in Indonesia Stock Exchange. The applied sampling method is purposive sampling. The sample in this research is companies registered as LQ-45 Index during January 2012 up to December 2013. The analysis method applied to analyze the influence factors of return on the trading days is descriptive analysis. The descriptive analysis method is used to depict the daily average of stock returns and monthly stock returns. The hypothesis was tested by Kruskal Wallis Test, Kendall’s Tau, and Wilcoxon Test. The result of hypothesis 1 and hypothesis 2 tests using Kruskal Wallis Test indicates that there is day of the week effect and Monday effect on LQ-45 Index during January 2012-December 2013. The result of hypothesis 3 test using Kendall’s Tau Test indicates that there is not a correlation between Monday effect and bad Friday on LQ-45 Index during January 2012-December 2013. The result of hypothesis 4 test by Wilcoxon Test indicates that there is not Rogalski effect phenomenon on LQ-45 Index during January 2012-December 2013.Keyword: stock return, LQ-45 Index, Monday effect and Rogalski effect
ANALISIS STOCK RETURNS PERUSAHAAN PERBANKAN PADA JAKARTA COMPOSITE INDEX MENGGUNAKAN FAMA-FRENCH THREE-FACTOR MODEL yolita yolita; Syarief Fauzie
Ekonomi dan Keuangan Vol 2, No 11 (2014)
Publisher : Departemen Ekonomi Pembangunan USU

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (756.618 KB)

Abstract

The validity of Fama-French Three-Factor Model has been tested in various stock exchanges to show the explanation power of market risk factor, size risk factor and book-to-market ratio risk factor on excess returns. The purpose of this study is to test the validity of Fama-French Three-Factor Model in banking stocks listed on Jakarta Composite Index. This study also shows the average monthly returns behavior based on the portfolios constructed according to firm size and book-to-market ratio. Three-factor model is empirically compared to one-factor model (CAPM). This study uses multiple linear regression on time-series data in estimating the effects of three variables (market risk factor, size risk factor and book-to-market ratio risk factor) on excess portfolio returns. The data used in this analysis are monthly stock returns, monthly market returns and risk-free rate in the period of February 2008 to January 2014. Average monthly portfolio returns calculated from February 2008 to January 2014 show a positive relation between average return and both firm size and book-to-market ratio. Market risk factor and size risk factor significantly affect the excess returns on four portfolios constructed according to firm size and book-to-market equity ratio. Beside the portfolio including big-size firms with high book-to-market ratio, book-to-market ratio risk significantly affects the excess returns on the other three portfolios. Based on the empirical results, three-factor model works better in explaining the excess portfolio returns than one-factor model.Keywords: Fama-French Three-Factor Model, market risk, size risk, book-to-market ratio risk, stock returns.

Page 1 of 1 | Total Record : 5

 1 

Filter by Year

2014 2014


Reset
Filter By Issues
All Issue Vol 3, No 7 (2015) Vol 3, No 6 (2015) Vol 3, No 5 (2015) Vol 3, No 4 (2015) Vol 3, No 3 (2015) Vol 3, No 2 (2015) Vol 3, No 1 (2015) Vol 2, No 12 (2014) Vol 2, No 11 (2014) Vol 2, No 10 (2014) Vol 2, No 9 (2014) Vol 2, No 8 (2014) Vol 2, No 7 (2014) Vol 2, No 6 (2014) Vol 2, No 5 (2014) Vol 2, No 4 (2014) Vol 2, No 3 (2014) Vol 2, No 2 (2014) Vol 2, No 1 (2014) Vol 1, No 12 (2013) Vol 1, No 11 (2013) Vol 1, No 10 (2013) Vol 1, No 8 (2013) Vol 1, No 6 (2013) Vol 1, No 5 (2013) Vol 1, No 4 (2013) Vol 1, No 3 (2013) Vol. 1 No. 2 Januari 2013 Vol 1, No 1 (2012) More Issue