%A NIM.: 21208011056 Mubasysyyratul Ummah Sapsuha
%O Pembimbing: Dr. Sunaryati, S.E., M.Si
%T PENGARUH KEBIJAKAN MAKROPRUDENSIAL, MIKROPRUDENSIAL DAN MONETER TERHADAP PERTUMBUHAN PEMBIAYAAN BANK SYARIAH DI INDONESIA
%X Historically, Indonesia has experienced two financial crises, namely the Asian crisis in 1997-1998 and the world crisis in 2008-2009. The financial sector which is managed without paying attention to the principle of prudence is the cause of the crisis. The bubble burst phenomenon and excessive lending/financing can create systemic risks, so policies are needed to overcome or prevent them. Not only through the financial crisis, the outbreak of the Covid-19 pandemic in 2020 can also trigger an acceleration of systemic risk. In addition, Islamic banks as institutions that carry out the intermediary function certainly have a share in causing systemic risk. Therefore, harmonization between macroprudential, microprudential and monetary policies is needed.
Thus this study has the objective of analyzing the effectiveness of macroprudential, microprudential and macroeconomic policies in mitigating the risk of disbursing Islamic bank financing in Indonesia in 2012-2021 by using the Vector Error Correction Model (VECM) analysis. The variable growth in Islamic bank financing as the dependent variable is obtained from the difference between the total financing of the current period and the total financing of the previous period divided by the total financing of the previous period. While the independent variables used in this study are the Macroprudential Liquidity Buffer (PLM), Countercyclical Capital Buffer (CCB), Capital Adequacy Ratio (CAR), Non Performing Financing (NPF), interest rates, Certificates of Indonesia Sharia Bank (SBIS), and Islamic Interbank Money Market (PUAS).
This study shows the results that macroprudential policy, namely PLM, is able to influence the movement of Islamic bank financing growth in the long and short term, while CCB has absolutely no influence. Meanwhile, the microprudential policy studied, namely the CAR variable, can have a negative effect on the movement of Islamic bank financing growth in the long term, while the NPF variable can have a positive effect in both the long and short term.
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Finally, monetary policy in the form of interest rates and PUAS is able to influence the growth of sharia bank financing, while SBIS has no influence.
%K Pertumbuhan Pembiayaan, Kebijakan Makroprudensial, Kebijakan Mikroprudensial, Kebijakan Moneter
%D 2023
%I UIN SUNAN KALIJAGA YOGYAKARTA
%L digilib62802