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Estimasi permintaan indeks harga saham gabungan di Indonesia

e-Journal Perdagangan Industri dan Moneter · Vol. 8 No. 2 (2020) · pp. 65–76

DOI
10.22437/pim.v8i2.13101
ISSN
2303-1204
Published
2020-07-01
Publisher
Prodi Ekonomi Pembangunan Fakultas Ekonomi dan Bisnis Universitas Jambi
Language
en
License
creativecommons.org/licenses/by-sa/4.0

Abstract

The purpose of this study is (a) to see the development of the composite stock price index, exchange rate, inflation, interest rates, and the money supply in Indonesia. (b) analyze the effect of the exchange rate, inflation, interest rate, and money supply on the composite stock price index in Indonesia. The method used in this study is a quantitative descriptive method with multiple linear regression analysis tools using the Ordinary Least Square (OLS) method. The data used is in the form of a time series. The results of this study average the development of the composite stock price index by 0.22 percent, the exchange rate by 2.57 percent, inflation by -0.90 percent, interest rates by -2.73 percent, and the Money Supply by 0.06 percent. Based on the results of the analysis conducted, exchange rates and interest rates have a negative and significant effect on the composite stock price index, inflation and the money supply have a positive and significant effect on the composite stock price index. Keywords: Composite stock price index, Exchange rate, Inflation, Interest rates, Money supply.

Collaboration network of the authors

40 authors · 105 co-authorship links · showing the 40 most connected

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  • Hasanuddin University
  • National Research and Innovation Agency
  • Affiliation unknown
  • Different organisations
  • Same organisation
  • Affiliation unknown
  • Thicker line = more joint articles · bigger circle = more articles
Show as table
Co-authorOrganisationJoint articles
Candra MustikaAffiliation unknown4
Tona Aurora LubisAffiliation unknown4
Amril AmrilAffiliation unknown3
Syaparuddin SyaparuddinAffiliation unknown3
Erni AchmadAffiliation unknown3
Arman DelisAffiliation unknown2
M. Syurya HidayatAffiliation unknown2
Siti SyuhadaAffiliation unknown2
Heriberta HeribertaAffiliation unknown2
Rahma NurjanahAffiliation unknown2
Haryadi HaryadiAffiliation unknown2
Wahyuni WahyuniHasanuddin University1
Mukarramah MukarramahAffiliation unknown1
Parmadi ParmadiAffiliation unknown1
Hurriyah HuriyahAffiliation unknown1
Fadly Elwa PAffiliation unknown1
Zulkifli AlamsyahAffiliation unknown1
Erwanto ErwantoAffiliation unknown1
Bambang PrasetyaNational Research and Innovation Agency1
Halia Butra AiniAffiliation unknown1
Lidya AnggraeniAffiliation unknown1
M. ZahariAffiliation unknown1
Ahmad Nur Budi UtamaAffiliation unknown1
Asep MachpuddinAffiliation unknown1
Sutan Adil HendraAffiliation unknown1
Efi HerawatiAffiliation unknown1
Iskandar ISKANDARAffiliation unknown1
Asep MachpudinAffiliation unknown1
Hajri Puja PratamaAffiliation unknown1
Siti HodijahAffiliation unknown1
Nurhayani NurhayaniAffiliation unknown1
Novita EkasariAffiliation unknown1
Selamet RahmadiAffiliation unknown1
RosmeliAffiliation unknown1
Sugeng TrirahmadiAffiliation unknown1
Agnes Monica AprilyaAffiliation unknown1
Agus SyarifAffiliation unknown1

Affiliations come from OpenAlex; journal OAI-PMH metadata carries none. Authors without an OpenAlex ID are matched by name, which can merge or split people.

Metadata source: OAI-PMH (metadata jurnal) https://online-journal.unja.ac.id/index.php/pim/oai, first harvested 6 Nov 2026, last seen 8 Nov 2026.
Original metadata (oai_dc) 
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	<dc:title xml:lang="en">Estimasi permintaan indeks harga saham gabungan di Indonesia</dc:title>
	<dc:creator xml:lang="en">Nugraha Paer, Ade </dc:creator>
	<dc:creator xml:lang="en">Tan, Syamsurijal </dc:creator>
	<dc:creator xml:lang="en">Emilia, Emilia</dc:creator>
	<dc:description xml:lang="en">The purpose of this study is (a) to see the development of the composite stock price index, exchange rate, inflation, interest rates, and the money supply in Indonesia. (b) analyze the effect of the exchange rate, inflation, interest rate, and money supply on the composite stock price index in Indonesia. The method used in this study is a quantitative descriptive method with multiple linear regression analysis tools using the Ordinary Least Square (OLS) method. The data used is in the form of a time series. The results of this study average the development of the composite stock price index by 0.22 percent, the exchange rate by 2.57 percent, inflation by -0.90 percent, interest rates by -2.73 percent, and the Money Supply by 0.06 percent. Based on the results of the analysis conducted, exchange rates and interest rates have a negative and significant effect on the composite stock price index, inflation and the money supply have a positive and significant effect on the composite stock price index.
Keywords: Composite stock price index, Exchange rate, Inflation, Interest rates, Money supply.</dc:description>
	<dc:publisher xml:lang="en">Prodi Ekonomi Pembangunan Fakultas Ekonomi dan Bisnis Universitas Jambi</dc:publisher>
	<dc:date>2020-07-01</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://online-journal.unja.ac.id/pim/article/view/13101</dc:identifier>
	<dc:identifier>10.22437/pim.v8i2.13101</dc:identifier>
	<dc:source xml:lang="en">e-Journal Perdagangan Industri dan Moneter; Vol. 8 No. 2 (2020): E-Journal Perdagangan Industri dan Moneter; 65-76</dc:source>
	<dc:source>2303-1204</dc:source>
	<dc:language>en</dc:language>
	<dc:relation>https://online-journal.unja.ac.id/pim/article/view/13101/11450</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2020 Ade  Nugraha Paer, Syamsurijal  Tan, Emilia Emilia</dc:rights>
	<dc:rights xml:lang="en">https://creativecommons.org/licenses/by-sa/4.0</dc:rights>
</oai_dc:dc>