eprintid: 48656
rev_number: 15
eprint_status: archive
userid: 13867
dir: disk0/00/04/86/56
datestamp: 2025-05-09 09:46:43
lastmod: 2025-05-09 09:46:43
status_changed: 2025-05-09 09:46:43
type: thesis
metadata_visibility: show
creators_name: Pranoto, Ario Khasbiyal Ghofur
creators_id: 5553200075
contributors_type: http://www.loc.gov/loc.terms/relators/THS
contributors_type: http://www.loc.gov/loc.terms/relators/THS
contributors_name: Salim, Agus
contributors_name: Zahara, Vadilla Mutia
contributors_id: 196308311988121001
contributors_id: 199106272019032023
corp_creators: UNIVERSITAS SULTAN AGENG TIRTAYASA
corp_creators: FAKULTAS EKONOMI DAN BISNIS
corp_creators: JURUSAN ILMU EKONOMI PEMBANGUNAN
title: PENGARUH FINANCIAL STRESS INDEX, COUNTRY RISK, DAN KEBIJAKAN MONETER TERHADAP STOCK MARKET DI NEGARA BERKEMBANG ASEAN
ispublished: pub
subjects: HB
divisions: FEB
divisions: IEP
full_text_status: restricted
keywords: Stock Market, Financial Stress Index, Country Risk, Interest Rate,
Exchange Rate, and Inflation, Pooled Mean Group
Stock Market, Financial Stress Index, Country Risk, Suku Bunga, Nilai
Tukar, dan Inflasi, Pooled Mean Group
note: Pasar Modal merupakan bagian dari sistem keuangan dimana instrumen keuangan jangka panjang seperti saham, obligasi, dan sekuritas lainnya diperjualbelikan. Tujuan dari penelitian ini adalah untuk menganalisis pengaruh 1) Financial Stress Index, 2) Country Risk, 3) Suku bunga, 4) Nilai Tukar, dan 5) Inflasi terhadap Stock Market di negara berkembang ASEAN. Penelitian ini mencakup 4 negara ASEAN yang terdiri dari Filipina, Indonesia, Malaysia, dan Thailand. Penelitian ini menggunakan data panel dengan metode Pooled Mean Group (PMG). Data yang digunakan dalam penelitian berasal dari World Bank, IMF, ADB dan BIS (Bank for International Settlements). Indikator yang mempengaruhi setiap variabel berbeda-beda antara satu negara dengan negara lainnya, sehingga faktor-faktor yang dipertimbangkan berbeda di setiap negara. Hasil dari penelitian ini menunjukkan bahwa dalam periode jangka pendek Country Risk, Suku Bunga Nilai Tukar, dan Inflasi tidak berpengaruh terhadap Stock Market. Sebaliknya, Financial Stress Index berpengaruh signifikan terhadap Pasar Saham dalam jangka pendek. Sedangkan dalam jangka panjang variabel FSI, Country Risk, Suku Bunga, dan Inflasi berpengaruh negatif signifikan terhadap Stock Market, sementara variabel Nilai Tukar berpengaruh positif signifikan.
abstract: The Stock Market is part of the financial system where long-term financial instruments such as stocks, bonds, and other securities are traded. The purpose of this study was to analyze the effect of 1) Financial Stress Index, 2) Country Risk, 3) Interest Rate, 4) Exchange Rate, and 5) Inflation on Stock Market in ASEAN developing countries. This study covers 4 ASEAN countries consisting of the Philippines, Indonesia, Malaysia, and Thailand. This study uses panel data with the Pooled Mean Group (PMG) method. The data used in the study came from the World Bank, IMF, ADB and BIS (Bank for International Settlements). Indicators that affect each variable vary from one country to another, so the factors considered are different in each country. The results of this study indicate that in the short-term period Country Risk, Interest Rate Exchange Rate, and Inflation have no effect on the Stock Market. In contrast, the Financial Stress Index has a significant effect on the Stock Market in the short term. Meanwhile, in the long term, the FSI, Country Risk, Interest Rate, and Inflation variables have a significant negative effect on the Stock Market, while the Exchange Rate variable has a significant positive effect.
date: 2024
date_type: published
pages: 165
institution: UNIVERSITAS SULTAN AGENG TIRTAYASA
department: ILMU EKONNOMI PEMBANGUNAN
thesis_type: sarjana
thesis_name: sarjana
citation:   Pranoto, Ario Khasbiyal Ghofur  (2024) PENGARUH FINANCIAL STRESS INDEX, COUNTRY RISK, DAN KEBIJAKAN MONETER TERHADAP STOCK MARKET DI NEGARA BERKEMBANG ASEAN.  S1 thesis, UNIVERSITAS SULTAN AGENG TIRTAYASA.   
document_url: https://eprints.untirta.ac.id/48656/1/ArioKhasbiyal_5553200075_Fulltext.pdf
document_url: https://eprints.untirta.ac.id/48656/2/ArioKhasbiyal_5553200075_01.pdf
document_url: https://eprints.untirta.ac.id/48656/3/ArioKhasbiyal_5553200075_02.pdf
document_url: https://eprints.untirta.ac.id/48656/4/ArioKhasbiyal_5553200075_03.pdf
document_url: https://eprints.untirta.ac.id/48656/5/ArioKhasbiyal_5553200075_04.pdf
document_url: https://eprints.untirta.ac.id/48656/6/ArioKhasbiyal_5553200075_05.pdf
document_url: https://eprints.untirta.ac.id/48656/7/ArioKhasbiyal_5553200075_Ref.pdf
document_url: https://eprints.untirta.ac.id/48656/8/ArioKhasbiyal_5553200075_Lamp.pdf