THE INFLUENCE OF MACROECONOMIC ON INDONESIAN STOCK MARKET INDEX WITH EXCHANGE RATE AS INTERMEDIATE VARIABLE

Main Author: HIdayat, Rohmat
Format: Book
Terbitan: Program Magister,Fakultas Ilmu Administrasi, Universitas Brawijaya , 2017
Subjects:
339
Online Access: http://fia.ub.ac.id:80/katalog/index.php?p=show_detail&id=6991
Daftar Isi:
  • Background of this research is that Indonesia has an improvement in ecvonomy at last previous years. Indonesia gets any achievement in economy performance, such as include in G20. MAny economic factors as gross domestic product (GDP), interest rate, world oil price and world gold price influence on exchange rate and stock market price. The indicators of increasing economy can be looked at the stock market price. The indicators of increasing economy can be looked at the stock market price and also the stability of the exchange raet. The data was taken from 2005 to 2013 periodes quarterly. The data analysis uses path analysis and the exchange rate becomes intermediate variable. The analyiss using AMOS software and Sobel calculator to figure out the result.