Wafi, Faiq Maulana Wafi (2023) The impact of macroeconomic indicators and uncertainty in u.s. economic policy on islamic stock index capitalization in the jakarta islamic index (jii) (january 2018 - september 2022) / Faiq Maulana Wafi. Diploma thesis, Universitas Negeri Malang.
Full text not available from this repository.Abstract
Indonesian Islamic capital markets are developing as seen by capitalization value increase and investor interest. This research examines the long-term effects of macroeconomic factors and US economic policy uncertainty on the Jakarta Islamic Index (JII) and its reaction to macroeconomic shocks and the US EPU from January 2018 to September 2022. Inflation exchange rates GDP and EPU are macroeconomic factors. The Vector Error Correction Model analyzes (VECM). This research shows that long-term GDP affects the Jakarta Islamic Index (JII). In structural analysis JII capitalization responds volatilely to inflation positively to exchange rate movement (USD/IDR) and adversely to US GDP and EPU. This analysis also shows that the exchange rate (USD/IDR rate) explains the JII variable the most followed by the US EPU GDP and inflation.
| Item Type: | Thesis (Diploma) |
|---|---|
| Subjects: | ?? ?? |
| Divisions: | Fakultas Ekonomi dan Bisnis (FEB) > Departemen Ekonomi Pembangunan (EKP) > S1 Ekonomi dan Studi Pembangunan |
| Depositing User: | library UM |
| Date Deposited: | 06 Jun 2023 04:29 |
| Last Modified: | 09 Sep 2023 03:00 |
| URI: | http://repository.um.ac.id/id/eprint/291661 |
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