ANALISIS PENGARUH EKSPEKTASI INFLASI, TINGKAT SUKU BUNGA JIBOR, CAPITAL INFLOW DAN NET EKSPOR TERHADAP NILAI TUKAR (KURS) RUPIAH/DOLLAR AMERIKA (USD/IDR) DI INDONESIA
| Main Author: | Tri Wahyuni, Karina |
|---|---|
| Format: | Thesis NonPeerReviewed Book |
| Bahasa: | eng |
| Terbitan: |
, 2017
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| Subjects: | |
| Online Access: |
https://eprints.untirta.ac.id/4349/1/ANALISIS%20PENGARUH%20EKSPEKTASI%20INFLASI%2C%20TINGKAT%20SUKU%20BUNGA%20JIBOR%2C%20CA.PDF https://eprints.untirta.ac.id/4349/ |
Daftar Isi:
- This research aims to analyse the influence of macroeconomic condition which is involving expected inflation, JIBOR rate, capital inflows and net exports to exchange rate in Indonesia. Determination of sample based by time series data period Q1:2008 until Q4:2015. All the datas here sourced from Bank Indonesia Economic Financial Statistic. This research used Vector Error Correction Model (VECM) analysis within software eviews 8 help. Based on results of VECM estimation, in short - run of expected inflation variable affected significantly and positively to exchange rate in Indonesia. While JIBOR rate variable, capital inflows and net exports are not affected significantly to exchange rate in Indonesia. In long - run of JIBOR rate variable affected significantly and negatively to exchange rate in Indonesia. Capital inflows variable and net exports are affected significantly and positively to exchange rate in Indonesia. While in long - run of expected inflation variable not affected significantly and negatively to exchange rate in Indonesia. IRF result shows that shock of expected inflation variable to exchange rate shows a positive response relatively. While JIBOR rate variable, capital inflow and net exports to exchange rate relatively shows a negative response. VD result shows that exchange rate variance in Indonesia dominated by shock in its own variable and expected inflation shock until the end of the period.