PENGARUH MAKRO EKONOMI TERHADAP INDEKS SAHAM DI JAKARTA ISLAMIC INDEX (JII)

This research aim is to analyze the impact of macroeconomics variable to Islamic stock’s index in Indonesia. The macroeconomic variables are Money supply (M2) BI-rate, inflation, exchange rate. The methods that used in this research is error correction model (ECM) to analyze the short-run and long-r...

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Bibliographic Details
Main Author: Masagus Zahidal Hakim
Format: Article
Language:Indonesian
Published: Fakultas Ekonomi dan Bisnis Islam 2021-01-01
Series:I-Economics: A Research Journal on Islamic Economics
Online Access:https://jurnal.radenfatah.ac.id/index.php/ieconomics/article/view/6439
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Summary:This research aim is to analyze the impact of macroeconomics variable to Islamic stock’s index in Indonesia. The macroeconomic variables are Money supply (M2) BI-rate, inflation, exchange rate. The methods that used in this research is error correction model (ECM) to analyze the short-run and long-run impact of macroeconomics variables to Islamic stock’s index. The result shown There is no short-term relationship between the variable Money Supply, Inflation, Exchange Rates, interest rates but the variable is corrected in a long-term relationship. Money Supply, inflation, BI-Rate and exchange rate influence the to Islamic stock’s index in long -run.
ISSN:2548-5601
2548-561X