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Journal : International Research of Multidisciplinary Analysis

ANALYSIS OF THE EFFECT OF MACROPRUDENTIAL POLICY INSTRUMENTS ON COMMERCIAL BANK LIQUIDITY IN INDONESIA Maulidina Nur Budiastuti; Harya Kuncara Wiralaga; Siti Fatimah Zahra
International Research of Multidisciplinary Analysis Vol. 1 No. 2 (2023): International Research of Multidisciplinary Analysis
Publisher : Nindikayla Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (376.043 KB) | DOI: 10.57254/irma.v1i2.28

Abstract

Liquidity is an important aspect that can be considered a bank's lifeblood. To maintain business continuity, banks must always manage liquidity effectively. Liquidity easing is one strategy to assist economic growth during the COVID-19 epidemic. Where macroprudential policies are used to ease liquidity restrictions. The government seeks to induce more outstanding lending to debtors to promote economic growth. On the other hand, this easing of liquidity is thought to help maintain bank operations solvent. This liquidity easing during the pandemic was carried out by reducing the reserve requirement and increasing the MPLB ratio. In addition, Bank Indonesia strengthened RIM by adding an export money order in its calculation. The goal of this research is to look at how macroprudential policy, such as the Statutory Reserves instrument, the Macroprudential Intermediation Ratio, and the Macroprudential Liquidity Buffer, affects the liquidity of traditional commercial banks in Indonesia from 2018 to 2021. The monthly data comes from the Financial Services Authority website, specifically the Indonesian Banking Statistics section. The researchers employed a multiple linear regression approach utilizing EViews 10 software to evaluate the three hypotheses. First, the Statutory Reserves have a negative and minor influence on commercial bank liquidity, according to the findings. Second, RIM has a good and considerable impact on commercial bank liquidity. Third, PLM has a considerable negative impact on commercial bank liquidity. Simultaneously, the three independent factors are discovered to impact commercial bank liquidity
THE EFFECT OF LOCAL GOVERNMENT SPENDING ON EDUCATION SECTOR AND GDP ON HDI IN INDONESIA Nur Ramadini Tria Wafa; Saparuddin Mukhtar; Harya Kuncara Wiralaga
International Research of Multidisciplinary Analysis Vol. 1 No. 3 (2023): International Research of Multidisciplinary Analysis
Publisher : Nindikayla Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (376.778 KB) | DOI: 10.57254/irma.v1i3.33

Abstract

Human resource-based economic development is one of the priorities implemented in Indonesia because Indonesia has a significant population potential. Indonesia ranks among the five lowest countries in its human development index in ASEAN. This study aims to determine the influence of government spending in the education sector and GDP Regional in increasing HDI in Indonesia in 2015-2018. This study used multiple regression analysis panel data with a total sample of 26 provinces in Indonesia with 104 observation units. This study found that local government spending in the education sector had a positive and significant effect on HDI and GDP Regional also had a positive and significant influence in increasing HDI in Indonesia in 2015-2018