eprintid: 48442
rev_number: 10
eprint_status: archive
userid: 12460
dir: disk0/00/04/84/42
datestamp: 2022-01-13 04:28:20
lastmod: 2022-01-13 04:28:20
status_changed: 2022-01-13 04:28:20
type: thesis
metadata_visibility: show
contact_email: muh.khabib@uin-suka.ac.id
creators_name: Fadia Dini Aulia, NIM.: 19208012030
title: ANALISIS EFEKTIVITAS INSTRUMEN MONETER KONVENSIONAL DAN SYARIAH DALAM MEMPENGARUHI STABILITAS BESARAN MONETER DI INDONESIA MENGGUNAKAN VECTOR AUTOREGRESSION (VAR) PADA PERIODE 2011-2021
ispublished: pub
subjects: eko_sya
divisions: ek_syarS-2
full_text_status: restricted
keywords: Suku Bunga SBI, SBIS Return, Inflasi, Kebijakan Moneter
note: Pembimbing: Dr. Muhammad Ghafur Wibowo, S.E., M.Sc
abstract: Monetary stability is one of the stimulus of economic growth and social
welfare. Government and central bank needs to synergize to maintain monetary
stability. A stable monetary amount is expected to be able to sustain recession and
crisis. Indonesia implemented a dual monetary system which is a conventional
monetary system and sharia monetary system which its instruments run
simultaneously. This study tries to analyze the efficiency of conventional and sharia
monetary instruments on stabilizing monetary amounts in Indonesia. We used
secondary data consisting of Bank Indonesia Certificate rate, Sharia Bank
Indonesia Certificate return, inflation, and GDP index within February 2011 until
February 2021 with 121 monthly observations using Vector Autoregression (VAR)
analysis. Results indicate that SBI rate is affected by SBI rate on second lag, SBIS
return is affected by SBI rate on third lag, SBIS return on first, second, and third
lag, and inflation is affected by inflation on first to third lag. Variables used don’t
have cointegration. Granger causality test indicates that there are one way
causality from SBIS return on SBI rate within 5% significance and inflation on SBI
rate within 10% significance. It is concluded that government and monetary
authority need not maximize monetary instruments to stimulate social welfare and
economic growth.
date: 2021-12-13
date_type: published
pages: 107
institution: UIN SUNAN KALIJAGA YOGYAKARTA
department: FAKULTAS EKONOMI DAN BISNIS ISLAM
thesis_type: masters
thesis_name: other
citation:   Fadia Dini Aulia, NIM.: 19208012030  (2021) ANALISIS EFEKTIVITAS INSTRUMEN MONETER KONVENSIONAL DAN SYARIAH DALAM MEMPENGARUHI STABILITAS BESARAN MONETER DI INDONESIA MENGGUNAKAN VECTOR AUTOREGRESSION (VAR) PADA PERIODE 2011-2021.  Masters thesis, UIN SUNAN KALIJAGA YOGYAKARTA.   
document_url: https://digilib.uin-suka.ac.id/id/eprint/48442/1/19208012030_BAB-I_IV-atau-V_DAFTAR-PUSTAKA.pdf
document_url: https://digilib.uin-suka.ac.id/id/eprint/48442/2/19208012030_BAB-II_sampai_SEBELUM-BAB-TERAKHIR.pdf