The Effect of BI Rate and Exchange Rate on Inflation in Indonesia with the Money Supply as a Mediating Variable
Inflation can be interpreted as a tendency to increase the prices of goods and services in general and continuously which can be influenced by several factors such as reference interest rates, exchange rates, the money supply and so on. This study intends to analyze about the influence of the BI rat...
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| Format: | Article |
| Language: | Indonesian |
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Universitas Dian Nuswantoro
2022-03-01
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| Series: | Jurnal Penelitian Ekonomi dan Bisnis |
| Online Access: | https://publikasi.dinus.ac.id/index.php/jpeb/article/view/4305 |
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| author | Vicky Oktavia Sugeng Wahyudi |
| author_facet | Vicky Oktavia Sugeng Wahyudi |
| author_sort | Vicky Oktavia |
| collection | DOAJ |
| description | Inflation can be interpreted as a tendency to increase the prices of goods and services in general and continuously which can be influenced by several factors such as reference interest rates, exchange rates, the money supply and so on. This study intends to analyze about the influence of the BI rate and the exchange rate on inflation in Indonesia with the money supply as an intervening variable. The population in this study is Inflation, BI Rate, Rupiah / USD Exchange Rate, and Money Supply. The sample used is this data in the 2010-2019 period which was analyzed using WarpPLS and Sobel Test. The results show that the BI rate, exchange rate and the money supply have a significant effect on inflation and the money supply can mediate the effect of the BI rate and the exchange rate on inflation which has been proven by the sobel test.
Keywords:
Inflation
BI Rate
Exchange Rate
Money
Supply |
| format | Article |
| id | doaj-art-bb9da326afcf44acb5f16691f1a4541a |
| institution | DOAJ |
| issn | 2442-5028 2460-4291 |
| language | Indonesian |
| publishDate | 2022-03-01 |
| publisher | Universitas Dian Nuswantoro |
| record_format | Article |
| series | Jurnal Penelitian Ekonomi dan Bisnis |
| spelling | doaj-art-bb9da326afcf44acb5f16691f1a4541a2025-08-20T03:04:54ZindUniversitas Dian NuswantoroJurnal Penelitian Ekonomi dan Bisnis2442-50282460-42912022-03-0171465410.33633/jpeb.v7i1.43053139The Effect of BI Rate and Exchange Rate on Inflation in Indonesia with the Money Supply as a Mediating VariableVicky Oktavia0Sugeng Wahyudi1Doctoral, Economics, Diponegoro UniversityDoctoral, Economics, Diponegoro UniversityInflation can be interpreted as a tendency to increase the prices of goods and services in general and continuously which can be influenced by several factors such as reference interest rates, exchange rates, the money supply and so on. This study intends to analyze about the influence of the BI rate and the exchange rate on inflation in Indonesia with the money supply as an intervening variable. The population in this study is Inflation, BI Rate, Rupiah / USD Exchange Rate, and Money Supply. The sample used is this data in the 2010-2019 period which was analyzed using WarpPLS and Sobel Test. The results show that the BI rate, exchange rate and the money supply have a significant effect on inflation and the money supply can mediate the effect of the BI rate and the exchange rate on inflation which has been proven by the sobel test. Keywords: Inflation BI Rate Exchange Rate Money Supplyhttps://publikasi.dinus.ac.id/index.php/jpeb/article/view/4305 |
| spellingShingle | Vicky Oktavia Sugeng Wahyudi The Effect of BI Rate and Exchange Rate on Inflation in Indonesia with the Money Supply as a Mediating Variable Jurnal Penelitian Ekonomi dan Bisnis |
| title | The Effect of BI Rate and Exchange Rate on Inflation in Indonesia with the Money Supply as a Mediating Variable |
| title_full | The Effect of BI Rate and Exchange Rate on Inflation in Indonesia with the Money Supply as a Mediating Variable |
| title_fullStr | The Effect of BI Rate and Exchange Rate on Inflation in Indonesia with the Money Supply as a Mediating Variable |
| title_full_unstemmed | The Effect of BI Rate and Exchange Rate on Inflation in Indonesia with the Money Supply as a Mediating Variable |
| title_short | The Effect of BI Rate and Exchange Rate on Inflation in Indonesia with the Money Supply as a Mediating Variable |
| title_sort | effect of bi rate and exchange rate on inflation in indonesia with the money supply as a mediating variable |
| url | https://publikasi.dinus.ac.id/index.php/jpeb/article/view/4305 |
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