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Wuri Handayani, Ph.D.
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INDONESIA
Journal of Indonesian Economy and Business
ISSN : 20858272     EISSN : 23385847     DOI : -
Core Subject : Economy,
Journal of Indonesian Economy and Business (JIEB) is open access, peer-reviewed journal whose objectives is to publish original research papers related to the Indonesian economy and business issues. This journal is also dedicated to disseminating the published articles freely for international academicians, researchers, practitioners, regulators, and public societies. The journal welcomes author from any institutional backgrounds and accepts rigorous empirical or theoretical research paper with any methods or approach that is relevant to the Indonesian economy and business content, as long as the research fits one of three salient disciplines: economics, business, or accounting.
Articles 12 Documents
Search results for , issue "Vol 20, No 3 (2005): July" : 12 Documents clear
MUNICIPAL INSURANCE: SOLUSI ALTERNATIF MANAJEMEN RISIKO UNTUK PEMERINTAH DAERAH Boyke R. Purnomo
Journal of Indonesian Economy and Business (JIEB) Vol 20, No 3 (2005): July
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22146/jieb.6577

Abstract

This paper attempts to analyze the development of municipal insurance in Indonesia.Due to the decentralization implementation in Indonesia which started in 1999, localgovernments are encouraged to be self-managing entity. Beside focus their effort onleveraging the revenue and economic growth, local governments should also take a serious attention on managing their asset’s risk. Municipal insurance is one of the riskmanagement tools used to prevent the decreasing of economic value of local government’s assets. Municipal insurance covers the risk of local government’s infrastructure by proposing a tailor-made insurance contract. The urgency of municipal insurance implementation is become clearer by increasing the frequency and severity of losses affected by many catastrophic risks in Indonesia on last there years. Municipal insurance provides benefit to local government, insurance company, insurance industry, nation and local community.Key words: municipal insurance, risk, risk management, decentralization
THE IMPACT OF REAL EXCHANGE RATE ON TRADE BALANCE Agus Widarjono
Journal of Indonesian Economy and Business (JIEB) Vol 20, No 3 (2005): July
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22146/jieb.6578

Abstract

The purpose of this study is to investigate the relationship between the trade balanceand the real exchange rate for bilateral trade in merchandise goods between Indonesia and the US, Japan and Singapore as its major trading partner. This article employs theelasticity approach to analyze such a relationship. Johansen multivariate cointegration isproposed to examine the impact of depreciation of real exchange rate on trade balance. Totests for J-curve, a generalize impulse response function generated from a vector error-correction model is applied.Quarterly data over the period 1988:1-2003:4 are used for the analysis. Our findingsdemonstrate that the real exchange rate has a positive impact on the bilateral tradebalance between Indonesia and Japan and Singapore. The generalized Marshall-Lernercondition, however, seems to hold only for the bilateral trade balance between Indonesiaand Japan. This study also finds that there is an evidence for J-curve for Indonesia’sbilateral trade balance with the Japan.Keyword: real exchange rate, trade balance, Marshal-Lerner Condition and J-curve

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