Yoghi Citra Pratama
Economic Sciences and Development Study UIN Syarif Hidayatullah Jakarta

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Analisis Responsivitas Bursa Syariah oleh Variable Makroekonomi Pratama, Yoghi Citra
Al-Iqtishad: Journal of Islamic Economics Vol 4, No 2: July 2012
Publisher : Faculty of Shariah and Law

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/aiq.v4i2.2100

Abstract

The objective of this study is to analyze the stock response because of M2, exchange rate (rupiah to US dollar), and rate of SBI. The data used in this study is monthly time series data from January 2006 until May 2012. Those variables are JII, M2, exchange rate rupiah to US dollar, and rate of SBI. Research method used in this study is Vector Error Correction Model (VECM). The cointegration test indicates that among research variables there is long term equilibrium and simultaneous relationship. The empirical result of impulse response show that the effect of SBI rate and M2 are negative and the effect of exchange rat is positive. The result on variance decomposition test, show that the most effect of JII shock is influenced by JII itself.DOI: 10.15408/aiq.v4i2.2100
Effectiveness of Conventional and Syariah Monetary Policy Transmission Yoghi Citra Pratama
Tazkia Islamic Finance and Business Review Vol. 8 No. 1 (2013)
Publisher : Institute for Research and Community Empowerment (LPPM TAZKIA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30993/tifbr.v8i1.63

Abstract

Objective - The purpose of this study is to compare the effectiveness of monetary policy transmission through conventional and Islamic instruments through the interest rate channel and profit loss sharing / margins channel, to control the price level (inflation) and economic growth (output)Method – Methodology used in this study is the Vector Auto Regressive (VAR) / Vector Error correction model (VECM) to see the effect of shock and long-term effects on inflation and output. Variables used are sbi interest rates, PUAB interest rate, deposit rates and lending rates, as well as from the Islamic side is SBIS yield, yield PUAS, profit lost sharing for the deposits and margin financing. This study use Unit Root Test, Cointegration degree of integration test, test causality, VECM and IRF estimates. Using monthly time series data from 2009 s / d 2012.Result – Results of the study showed that the test based on Granger causality, overall, the transmission channel of monetary policy according to the conventional theory, while the monetary policy transmission channel Sharia can not be clearly identified and disconnected in yield / profit and loss sharing deposits. And based on the estimated VECM is known that in the long term Islamic instruments is the right instrument to control inflation.Conclusion – This finding concluded that syariah instruments is the effective instrument in reducing inflation rate and also encourage the growth of Islamic banking, and should also consider the right margin level to increase the output on real sector. Keywords : Monetary Transmission, Central Bank, Industrial Production Index, Consumer Price Index
ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI KEMISKINAN DI INDONESIA Yoghi Citra Pratama
Esensi: Jurnal Bisnis dan Manajemen Vol 4, No 2 (2014): Agustus 2014
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/ess.v4i2.1966

Abstract

The purpose of this study is to determine the factors that affect poverty in Indonesia. The method used in this study is a multi-linear regression, which is an analysis tool that is used to see the effect of the independent variables which are, the level of income per capita, the rate of inflation, the level of household consumption, level of education, human development index (HDI) and the poverty level as dependen variable. The data used in this study is secondary data of 33 provinces in Indonesia in 2012. From the study it can be concluded that the variable income per capita, inflation, education level human development index (HDI) and consumption  simultaneously affects variable rate of poverty, it can be seen from the test that showing the level signifkansi f <0.05. And from R square is known that the independent variable can explain the poverty rate by 56 percent and the remaining 44 percent would be explained by other variables whose not examined in this studyDOI: 10.15408/ess.v4i1.1966
PENGARUH INDEKS REGIONAL TERHADAP JAKARTA ISLAMIC INDEX (JII) Yoghi Citra Pratama
ETIKONOMI Vol. 11, No. 2, October 2012
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (216.041 KB) | DOI: 10.15408/etk.v11i2.1888

Abstract

The objectives of this study are to analyze the influence of IHSG, Dowjones, and Nikkei to JII. The data used in this study are monthly time series data from January 2006 – May 2012. Those data are JII, IHSG, Dowjones Index and Nikkei Index. Research method used in this study is Vector Error Correction Model (VECM). The cointegration test indicates that among research variables there is long term equilibrium and simultaneous relationship. The Empirical result of Impulse Response Function shown that the effect of IHSG, DowJones and Nikkei to JII are negative.  The result on variance decomposition test had shown that the most effect of JII shock is influenced by JII itself. It can be conclude that Islamic Capital Market is more stable from the external shock rather than the conventional one.DOI: 10.15408/etk.v11i2.1888
Macroeconomic Variable and It's Influence On Performance of Indonesian Islamic Banking Yoghi Citra Pratama
Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah Vol 7, No 1: January 2015
Publisher : Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (636.85 KB) | DOI: 10.15408/aiq.v7i1.1359

Abstract

The  purpose  of  this  research  is  to  analyze  the macroeconomics  variables  that  affect  to  the  performance  of  Islamic  banks  in Indonesia. Methods used in this research is the Vector Auto regressive (VAR) / Vector Error correction model (VECM) to see the effect of the shock and the long-term effect on the performance of Islamic Banking. The results show that based on the analysis of IRF, the performance of Islamic banking having short-term shocks to fluctuations in macroeconomics variables but stable in the long term, and based on the variance decomposition, shocks of macro variables only gives little effect on the performance of Islamic banking.DOI:10.15408/aiq.v7i1.1359
Macroeconomic Variables, International Islamic Indices, and The Return Volatility in Jakarta Islamic Index Yoghi Citra Pratama; Abdul Azzis
Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah Vol 10, No 1: January 2018
Publisher : Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (542.616 KB) | DOI: 10.15408/aiq.v10i1.5550

Abstract

According to understand the behavior of Islamic equity markets the primary objective of this research is to analyze the effect of macroeconomic indicators and International Islamic Index on return volatility of Jakarta Islamic Index. The analysis method used in this study is AutoRegressive Conditional Heteroscedastic-Generalized AutoRegressive Conditional Heteroscedastic (ARCH-GARCH). The result of this research showed that all variables, i.e., BI rate, inflation rate, IDR-USD exchange rate, DJIUS index, DJIUK index, FTSJP index and FTSMY index have a simultaneously significant impact on return volatility of JII. While t-test results show that BI rate, IDR-USD exchange rate, DJIUK index and FTSMY index have a substantial effect on return volatility of JII.DOI: 10.15408/aiq.v10i1.5550
PERAN ZAKAT DALAM PENANGGULANGAN KEMISKINAN (Studi Kasus : Program Zakat Produktif Pada Badan Amil Zakat Nasional) Yoghi Citra Pratama
Tauhidinomics: Journal of Islamic Banking and Economics Vol 1, No 1 (2015)
Publisher : Faculty of Economics and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/thd.v1i1.3327

Abstract

Penelitian ini bertujuan untuk mengetahui sejauh mana peran zakat produktif dalam memberdayakan masyarakat kurang mampu yang diidentifikasi sebagai mustahik dalam berwirausaha. Zakat yang diperuntukkan bagi mustahik dapat digunakan sebagai modal usaha dimana usaha yang dikembangkan oleh mustahik pada umumnya masih berskala kecil, yang tidak terakses oleh lembaga keuangan bank. Proses pendampingan mencakup perencanaan, pelaksanaan, pengawasan dan pengendalian serta evaluasi program, menjadi salah satu program badan amil zakat dalam mengelola zakat produktif, sehingga diharapkan akan menciptakan sirkulasi ekonomi, meningkatan produktivitas usaha masyarakat, meningkatkan pendapatan/hasil-hasil secara ekonomi, dan berkelanjutan (sustainable ). Metodelogi yang digunakan dalam penelitian ini adalah metode deskriptif kualitatif untuk melihat pengaruh dari zakat produktif terhadap pemberdayaan masyarakat miskin melalui indeks kemiskinan. Penelitian ini terdiri dari data primer dan data sekunder. Data primer diperoleh dari hasil survey atau hasil penyebaran kuesioner, dan melakukan wawancara mendalam dengan Pengelola program Zakat produktif di Baznas dan Mustahik sebagai peserta program pemberdayaan masyarakat melalui zakat produktif. Sedangkan data sekunder diperoleh dari Laporan Program BAZNAS di internet, beberapa literarur, artikel-artikel baik majalah, jurnal, surat kabar maupun internet. Hasil dari penelitian menunjukkan secara keseluruhan mustahik menilai program zakat produktif oleh Baznas sudah berjalan dengan sangat baik.