Impact of Coronavirus and Macroeconomic Indicators on Sharia Obligation with Simultaneous Model

Bawono, Anton (2022) Impact of Coronavirus and Macroeconomic Indicators on Sharia Obligation with Simultaneous Model.

	Text 12. Impact of Coronavirus and Macroeconomic Indicators on Sharia.pdf Download (225kB)
	Text 12. Turnitin. Impact of Coronavirus and Macroeconomic Indicators on Sharia Obligation with Simultaneous Model.pdf Download (1MB)

Abstract

This study examines the macroeconomic variables exchange rate and BI rate in collaboration with the Coronavirus Disease case against Sukuk. In addition, this study also examines the exchange rate influenced by the BI rate variable and the case of Coronavirus Disease. The data analysis method in this study uses a simultaneous equation model Two-Stage Least Square. This study found that the exchange rate affects the demand for Sukuk while the BI rate does not affect it. But what is surprising is that when the Coronavirus Disease 2019 case occurred, it did not affect the demand for Sukuk. This study also found that the exchange rate is influenced by the BI rate and the case of Coronavirus Disease. The contribution of this research is that when the government cannot intervene in the exchange rate, which can affect the demand for Sukuk, it can be done by intervening in the BI rate

Item Type:	Article
Subjects:	Ilmu Ekonomi,Politik, Sosial, Budaya dan Pertahanan Negera > Ilmu Ekonomi
Divisions:	Fakultas Ekonomi dan Bisnis Islam > Ekonomi Syariah
Depositing User:	Unnamed user with email bimoharyosetyoko@iainsalatiga.ac.id
Date Deposited:	22 Jul 2022 14:42
Last Modified:	22 Jul 2022 14:42
URI:	http://e-repository.perpus.uinsalatiga.ac.id/id/eprint/14116

Actions (login required)

View Item