Composite Index And Macroeconomic Vurnerabilities In Advanced Economies (Case Study : Indonesia)
DOI:
https://doi.org/10.61841/w98x1980Keywords:
composit inde, macroeconomic variables, vector auto regressionAbstract
This study examined the relation between the macroeconomic variables on the Indonesian composite index. The macroeconomic factors in Indonesia are exchange rate, GDP, inflation, and interest rates. The study used time series data from 2010–2019. 4 The results showed that the exchange rate, economic growth, inflation and interest rate did not influence the composite index but were influenced by the composition of the variable itself (composite index), which lags 1 (1⁄4 aforementioned). There are no two paths, but only one direction, from the performance of the granger causality test. Analysis based on Impulse Response (IR) shows that CI reacts to short-term and stable macroeconomic transition shocks. And the 10-quarter Variance Decompition (VD) forecast, the Composite Index ' variety, firstly with inflation, second with interest rate, third with interest rate, and fourth with economic growth.
Downloads
Published
Issue
Section
License
Copyright (c) 2020 AUTHOR

This work is licensed under a Creative Commons Attribution 4.0 International License.
You are free to:
- Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.
- The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
- Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
Notices:
You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .
No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.