THE RECONSTRUCTION OF MONEY SUPPLY AND OIL PRICE TOWARD IDX COMPOSITE AND COMPOSITE TRADE VOLUME IN INDONESIA STOCK EXCHANGE
Main Authors: | Widyastuti, Maria, Lusy, ., Hermanto, Y. Budi, Indrawati, Lilik |
---|---|
Format: | Article PeerReviewed Book |
Bahasa: | eng |
Terbitan: |
SAVAP International
, 2018
|
Subjects: | |
Online Access: |
http://repositori.ukdc.ac.id/31/1/Artikel%20The%20Reconstruction%20of%20Money%20Supply.pdf http://repositori.ukdc.ac.id/31/2/Peer%20Review%20The%20Reconstruction%20of%20Money%20Supply.pdf http://repositori.ukdc.ac.id/31/3/Plagiarism%20The%20Reconstruction%20of%20Money%20Supply.pdf http://repositori.ukdc.ac.id/31/ http://journals.savap.org.pk/vol9n3.html |
Daftar Isi:
- This research aims to reconstruct and to analyze the direct and indirect effect of money supply, oil price toward IDX Composite and composite trade volume in Indonesia Stock Exchange. This study is explorative or associative research with hypothesis testing. It is conducted in Indonesia Stock Exchange of Statistic Center using its secondary data. The population research is money supply, oil price, and IDX Composite and composite trading volume. The sample used is monthly data taken in serial time during July 2005 to December 2015. This research analysis uses Path Analysis method. The Path Analysis result shows that the money supply and oil price have direct and significant effect toward IDX Composite while the money supply, oil price and IDX Composite have direct and significant effect toward composite trading volume. The next result shows that the IDX Composite significantly mediates the indirect effect of the money supply and oil price toward the composite trade volume.