Indonesian Economic Review
Vol. 2 No. 1 (2022): Februari

Nexus Between Monetary Instruments and Bank Credit Distribution: Evidence from ASEAN Countries

Rani Septiani (Universitas Negeri Malang)
Dwi Wulandari (Universitas Negeri Malang)
Bagus Shandy Narmaditya (Universitas Negeri Malang)
Putra Hilmi Prayitno (Universiti Kebangsaan Malaysia)



Article Info

Publish Date
19 Jan 2021

Abstract

The aim of this study was to examine the relationship between monetary indicators and bank credit distribution, including inflation, interest rate, and exchange rate in seven ASEAN countries namely Brunei, Indonesia, Philippine, Malaysia, Singapore, Thailand, and Vietnam. This study applied a quantitative approach by engaging multiple regression analysis with panel data using cross-section data from 2012 to 2018. The data in this research was secondary data which gathered from the World Bank website. The findings of this study showed that inflation and interest rate had a negative influence on bank credit distribution, while the exchange rate had a positive effect on bank credit distribution. The study’s result also showed that variable inflation, interest rate, and the exchange rate had a simultaneous effect on bank credit distribution in seven ASEAN countries. These results suggest that for the policy makers in each ASEAN country should be able to consider a lending regulation.

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Journal Info

Abbrev

ier

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Fokus pada karya tulis ilmiah yang berkaitan dengan pembangunan perekonomian Indonesia dan kaitannya dengan perekonomian dunia yang meliputi analisis kritis terhadap isu-isu pembangunan ekonomi, pembangunan ekonomi lokal, pembangunan ekonomi masyarakat, pertumbuhan ekonomi, ekonometrika, kebijakan ...