Melola Discovery

← Melola Discovery

Jurnal

The Influence of Macroeconomic on Investment Performance

Economics Development Analysis Journal · Vol. 13 No. 3 (2024) · hlm. 289–300

DOI
10.15294/edaj.v13i3.8491
ISSN
2502-2725, 2252-6560
Terbit
2024-08-20
Penerbit
Universitas Negeri Semarang
Bahasa
eng

Abstrak

Shocks caused by macroeconomic variables and monetary transmission have impacted investment portfolios in the five ASEAN countries, both in the short and long term. This research aims to evaluate each country's proficiency in managing macroeconomic variables in relation to portfolio investments. Additionally, it seeks to explore the influence of these macroeconomic variables on portfolio investment and the time required for their effects to manifest in both short-term and long-term contexts. This study is quantitative in nature and uses secondary data. The data were sourced from the central banks of the ASEAN-5 countries and from investing.com for stock price index information. The results indicate that interest rates, exchange rates, and stock price indexes significantly affect portfolio investment in the short term. In contrast, in the long term, inflation, exchange rates, and money supply were found to have a significant impact on portfolio investment. Based on these findings, it is recommended that ASEAN-5 governments focus on exchange rates and economic openness, as these factors influence portfolio investment in the region and can attract investors' interest

Kata kunci

Jaringan kolaborasi para penulis

15 penulis · 28 tautan kepenulisan bersama · 1 lintas organisasi

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

  • Universitas Stikubank
  • Universitas Gadjah Mada
  • Afiliasi tidak diketahui
  • 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
Sri Budi Cantika YuliAfiliasi tidak diketahui2
Stanislaw FlejterskiAfiliasi tidak diketahui2
Herny FebruariyantiUniversitas Stikubank1
Jati Sasongko WibowoAfiliasi tidak diketahui1
Mardi Siswo UtomoUniversitas Gadjah Mada1
Haryadi HaryadiAfiliasi tidak diketahui1
Etik UmiyatiAfiliasi tidak diketahui1
Alvin SubastianAfiliasi tidak diketahui1
Wahyu Hidayat RiyantoAfiliasi tidak diketahui1
FX Gugus Febri PutrantoAfiliasi tidak diketahui1
Zainal ArifinAfiliasi tidak diketahui1
Fika FitriasariAfiliasi tidak diketahui1

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) https://journal.unnes.ac.id/journals/edaj/oai, pertama di-harvest 5 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">The Influence of Macroeconomic on Investment Performance</dc:title>
	<dc:creator xml:lang="en">Firmansyah, Muhammad</dc:creator>
	<dc:creator xml:lang="en">Mu'ammal, Immanuel</dc:creator>
	<dc:creator xml:lang="en">Anggun Tsalasa, Arini Roro </dc:creator>
	<dc:subject xml:lang="en">Inflation</dc:subject>
	<dc:subject xml:lang="en">Portfolio Investment</dc:subject>
	<dc:subject xml:lang="en">Money Supply</dc:subject>
	<dc:subject xml:lang="en">Exchange Rate</dc:subject>
	<dc:subject xml:lang="en">Stock Price </dc:subject>
	<dc:description xml:lang="en">Shocks caused by macroeconomic variables and monetary transmission have impacted investment portfolios in the five ASEAN countries, both in the short and long term. This research aims to evaluate each country's proficiency in managing macroeconomic variables in relation to portfolio investments. Additionally, it seeks to explore the influence of these macroeconomic variables on portfolio investment and the time required for their effects to manifest in both short-term and long-term contexts. This study is quantitative in nature and uses secondary data. The data were sourced from the central banks of the ASEAN-5 countries and from investing.com for stock price index information. The results indicate that interest rates, exchange rates, and stock price indexes significantly affect portfolio investment in the short term. In contrast, in the long term, inflation, exchange rates, and money supply were found to have a significant impact on portfolio investment. Based on these findings, it is recommended that ASEAN-5 governments focus on exchange rates and economic openness, as these factors influence portfolio investment in the region and can attract investors' interest</dc:description>
	<dc:publisher xml:lang="en">Universitas Negeri Semarang</dc:publisher>
	<dc:date>2024-08-20</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:type xml:lang="en">Peer-reviewed Article</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://journal.unnes.ac.id/journals/edaj/article/view/8491</dc:identifier>
	<dc:identifier>10.15294/edaj.v13i3.8491</dc:identifier>
	<dc:source xml:lang="en">Economics Development Analysis Journal; Vol. 13 No. 3 (2024): Economics Development Analysis Journal; 289-300</dc:source>
	<dc:source>2502-2725</dc:source>
	<dc:source>2252-6560</dc:source>
	<dc:source>10.15294/edaj.v13i3</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://journal.unnes.ac.id/journals/edaj/article/view/8491/1500</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2024 Economics Development Analysis Journal</dc:rights>
</oai_dc:dc>