Jurnal Manajemen dan Kewirausahaan
Vol 20, No 2 (2018): SEPTEMBER 2018

THE INFLUENCE OF INFLATION RATE, BI RATE, AND EXCHANGE RATE TO THE FINANCIAL SECTOR INDEX RETURN IN THE INDONESIAN STOCK MARKET

Yunita, Yunita (Unknown)
Robiyanto, Robiyanto (Unknown)



Article Info

Publish Date
11 Apr 2019

Abstract

The objective of this study is to find out how macroeconomic factors such as exchange rate changes, BI rate and inflation rate can affect the financial sector stock price index in IDX from 2011 until 2017. Generalize Autoregressive Conditional Heteroscedasticity (GARCH) is used as the analysis method in this research to find the fittest model. The results are, only exchange rate change that has significant effect to financial sector stock price index. Inflation and BI rate has no significant effect to financial sector stock price index return.

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Journal Info

Abbrev

man

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Promote studies in management and entrepreneurship, strengthen science knowledge exchange with other institutions. The Jurnal Manajemen dan Kewirausahaan accredited by the Directorate General of Higher Education of Indonesia in June 2008 - June 2011 The Jurnal Manajemen dan Kewirausahaan, ...