Melola Discovery

← Melola Discovery

Jurnal SINTA 1

BALANCE SHEET CHANNEL OF MONETARY POLICY IN INDONESIAN MANUFACTURING FIRMS

Economic Journal of Emerging Markets · Vol. ume (2013) · hlm. 225–233

DOI
10.20885/ejem.v3i3.2975
ISSN
2502-180X, 2086-3128
Terbit
2013-04-04
Penerbit
Universitas Islam Indonesia
Bahasa
eng

Abstrak

This paper aims to test the hypothesis in a period of monetary tightening. Firms that face liquidity constraint and have limited access from external sources of funds will lower its investment. We use the panel data analysis of Indonesian manufacturing firms and financial variables, LIQ as the ratio between the sum of cash and marketable securities to total assets, and the change in cash flows as a proxy of firm’s liquidity constraint. The result provides some supports for the view that inventory in Indonesian manufacturing firms is sensitive toward cash flow during the monetary tightening period, especially for the firms that produce durable goods.Keywords: Monetary tightening, liquidity constraint, inventory investmentJEL classification numbers: G32, G38.

Jaringan kolaborasi para penulis

6 penulis · 9 tautan kepenulisan bersama · 2 lintas organisasi

Arahkan kursor atau ketuk sebuah nama untuk menyorot rekan penulisnya. Klik dua kali untuk membuka halaman penulis.

  • Universitas Gadjah Mada
  • Akademi Pariwisata Indonesia
  • Organisasi berbeda
  • Organisasi sama
  • Afiliasi tidak diketahui
  • Garis lebih tebal = lebih banyak artikel bersama · lingkaran lebih besar = lebih banyak artikel
Tampilkan sebagai tabel
Rekan penulisOrganisasiArtikel bersama
Sudarmadji SudarmadjiUniversitas Gadjah Mada1
Wardiyanta WardiyantaAkademi Pariwisata Indonesia1

Afiliasi berasal dari OpenAlex; metadata OAI-PMH jurnal tidak memuatnya. Penulis tanpa ID OpenAlex dicocokkan berdasarkan nama, sehingga dua orang bisa tergabung atau satu orang bisa terpisah.

Sumber metadata: OAI-PMH (metadata jurnal) http://journal.uii.ac.id/index.php/JEP/oai, pertama di-harvest 8 Nov 2026, terakhir terlihat 8 Nov 2026.
Metadata asli (oai_dc) 
<oai_dc:dc xmlns="http://www.openarchives.org/OAI/2.0/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:oai_dc="http://www.openarchives.org/OAI/2.0/oai_dc/" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.openarchives.org/OAI/2.0/oai_dc/  http://www.openarchives.org/OAI/2.0/oai_dc.xsd">
	<dc:title xml:lang="en-US">BALANCE SHEET CHANNEL OF MONETARY POLICY IN INDONESIAN MANUFACTURING FIRMS</dc:title>
	<dc:creator>Alfarisy, Muhammad F.</dc:creator>
	<dc:creator>Nopirin, Nopirin</dc:creator>
	<dc:creator>Permono, Iswardono S.</dc:creator>
	<dc:creator>Widodo, Tri</dc:creator>
	<dc:description xml:lang="en-US">This paper aims to test the hypothesis in a period of monetary tightening. Firms that face liquidity constraint and have limited access from external sources of funds will lower its investment. We use the panel data analysis of Indonesian manufacturing firms and financial variables, LIQ as the ratio between the sum of cash and marketable securities to total assets, and the change in cash flows as a proxy of firm’s liquidity constraint. The result provides some supports for the view that inventory in Indonesian manufacturing firms is sensitive toward cash flow during the monetary tightening period, especially for the firms that produce durable goods.Keywords: Monetary tightening, liquidity constraint, inventory investmentJEL classification numbers: G32, G38.</dc:description>
	<dc:publisher xml:lang="en-US">Universitas Islam Indonesia</dc:publisher>
	<dc:date>2013-04-04</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://journal.uii.ac.id/JEP/article/view/2975</dc:identifier>
	<dc:identifier>10.20885/ejem.v3i3.2975</dc:identifier>
	<dc:source xml:lang="en-US">Economic Journal of Emerging Markets; Volume 3 Issue 3, 2011; 225-233</dc:source>
	<dc:source>2502-180X</dc:source>
	<dc:source>2086-3128</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://journal.uii.ac.id/JEP/article/view/2975/2748</dc:relation>
</oai_dc:dc>