Research Paper | Economics | Indonesia | Volume 8 Issue 3, March 2019
Financial Deepening and Implication for Financial Policy Coordination: The Case of Indonesia and Other Country in Asean (2000-2018)
Ajeng Faizah Nijma Ilma, Lukman Hakim, Siti Aisyah Tri Rahayu
The main purpose of this research is to investigate the relation of trade openness, inflation, interest rate, exchange rate and HHI (Herfindahl-Hirschman Index) towards financial deepening such in ASEAN and to know how theoretical link between the independent variables and dependent variable. The measurement of financial deepening used in this study is the ratio of M2 / GDP of each country. The analysis uses panel data with random effect method to find the influence factor of financial deepening in ASEAN. The results showed that the variables of trade openness, inflation, foreign direct investment, interest rate and HHI have a significant effect on financial deepening. Key words: data panel, ASEAN, financial deepening, trade openness, inflation, interest rate, exchange rate, HHI
Keywords: data panel, ASEAN, financial deepening, trade openness, inflation, interest rate, exchange rate, HHI
Edition: Volume 8 Issue 3, March 2019
Pages: 459 - 463
How to Cite this Article?
Ajeng Faizah Nijma Ilma, Lukman Hakim, Siti Aisyah Tri Rahayu, "Financial Deepening and Implication for Financial Policy Coordination: The Case of Indonesia and Other Country in Asean (2000-2018)", International Journal of Science and Research (IJSR), https://www.ijsr.net/search_index_results_paperid.php?id=ART20193499, Volume 8 Issue 3, March 2019, 459 - 463
139 PDF Views | 69 PDF Downloads
Similar Articles with Keyword 'ASEAN'
Research Paper, Economics, China, Volume 7 Issue 4, April 2018
Pages: 198 - 202The Status Quo, Problems and Countermeasures of China's Direct Investment to ASEAN
XiaoBing Jiang, Li ming Liu
Research Paper, Economics, Indonesia, Volume 8 Issue 3, March 2019
Pages: 459 - 463Financial Deepening and Implication for Financial Policy Coordination: The Case of Indonesia and Other Country in Asean (2000-2018)
Ajeng Faizah Nijma Ilma, Lukman Hakim, Siti Aisyah Tri Rahayu
Similar Articles with Keyword 'trade openness'
Research Paper, Economics, Tunisia, Volume 5 Issue 1, January 2016
Pages: 1516 - 1520The Impact of Income Inequality on Economic Growth: Empirical Evidence from the Organization for Economic Co-operation and Development Member Countries
Jihene Sbaouelgi, Ghazi Boulila
Research Paper, Economics, Nigeria, Volume 8 Issue 8, August 2019
Pages: 1460 - 1467Impact Analysis of Trade Liberalization and the Naira Exchange Rate
Nnamdi Chinwendu Nwaeze, Uche Emmanuel
Research Paper, Economics, Uganda, Volume 7 Issue 12, December 2018
Pages: 1279 - 1289The Relationship between Inflation and Financial Sector Development: Evidence from Uganda
Akena Geoffrey Oyoo
Research Paper, Economics, Indonesia, Volume 8 Issue 3, March 2019
Pages: 459 - 463Financial Deepening and Implication for Financial Policy Coordination: The Case of Indonesia and Other Country in Asean (2000-2018)
Ajeng Faizah Nijma Ilma, Lukman Hakim, Siti Aisyah Tri Rahayu
Similar Articles with Keyword 'inflation'
Research Paper, Economics, Indonesia, Volume 5 Issue 8, August 2016
Pages: 1090 - 1096Analysis the Influence of Internal Factor and External Factor on Yield Bonds Government in 2011-2014
Utami Yuliani, Bambang Juanda, Trias Andati
Research Paper, Economics, Kenya, Volume 3 Issue 10, October 2014
Pages: 1666 - 1671Impact of Selected Macroeconomic Indicators on Inflation in Kenya
Maureen Gathuu, George Kosimbei
Research Paper, Economics, Nigeria, Volume 4 Issue 4, April 2015
Pages: 1592 - 1600Empirical Analysis of Exchange Rate Volatility and Nigeria Stock Market Performance
Muhammad Lawal, Victor UshahembaIjirshar
Research Paper, Economics, Sri Lanka, Volume 4 Issue 10, October 2015
Pages: 1492 - 1497The Effects of Macroeconomic Conditions on Corporate Capital Structure: Evidence from Manufacturing Firms Listed in Colombo Stock Exchange
Perera H. A. P. K.
Research Paper, Economics, Ethiopia, Volume 5 Issue 8, August 2016
Pages: 1399 - 1401Inflation and Gross Domestic Savings nexus in Ethiopia
Demilie Basha Hailu, Samson Abay
Similar Articles with Keyword 'interest rate'
Research Paper, Economics, Indonesia, Volume 5 Issue 8, August 2016
Pages: 1090 - 1096Analysis the Influence of Internal Factor and External Factor on Yield Bonds Government in 2011-2014
Utami Yuliani, Bambang Juanda, Trias Andati
Research Paper, Economics, Kenya, Volume 3 Issue 10, October 2014
Pages: 1666 - 1671Impact of Selected Macroeconomic Indicators on Inflation in Kenya
Maureen Gathuu, George Kosimbei
Research Paper, Economics, Ethiopia, Volume 4 Issue 4, April 2015
Pages: 2475 - 2484Financial Development and Economic Growth Nexus: Evidence from Ethiopia (Johnson Approach to Co-Integration)
Hailay Tsigab Kahsay
Research Paper, Economics, India, Volume 4 Issue 4, April 2015
Pages: 2954 - 2959Relative Importance of Income, Interest and Price In The Determination of Demand for Money in India: A Time Series Analysis
Tarun Das
Research Paper, Economics, Nigeria, Volume 4 Issue 4, April 2015
Pages: 1592 - 1600Empirical Analysis of Exchange Rate Volatility and Nigeria Stock Market Performance
Muhammad Lawal, Victor UshahembaIjirshar
Similar Articles with Keyword 'exchange rate'
Research Paper, Economics, Turkey, Volume 5 Issue 4, April 2016
Pages: 1888 - 1898Long and Short Term Relationship between Real Exchange Rate, Travel Revenues and Expenditure in Turkey during the Period of 2003:1-2016:1
Nazm CATALBAS
Research Paper, Economics, Indonesia, Volume 5 Issue 8, August 2016
Pages: 1090 - 1096Analysis the Influence of Internal Factor and External Factor on Yield Bonds Government in 2011-2014
Utami Yuliani, Bambang Juanda, Trias Andati
Research Paper, Economics, Kenya, Volume 3 Issue 10, October 2014
Pages: 1666 - 1671Impact of Selected Macroeconomic Indicators on Inflation in Kenya
Maureen Gathuu, George Kosimbei
Research Paper, Economics, Nigeria, Volume 4 Issue 4, April 2015
Pages: 1592 - 1600Empirical Analysis of Exchange Rate Volatility and Nigeria Stock Market Performance
Muhammad Lawal, Victor UshahembaIjirshar
Research Paper, Economics, Nigeria, Volume 3 Issue 9, September 2014
Pages: 1082 - 1087Exchange Rate Pass-Through, Monetary Policy and Price Stability in Nigeria
Ude Damian K., Anochie Uzoma C.