Analysis of the Influence of Monetary Policy on Economic Growth in Indonesia in 2014-2018 in the Perspective of Islamic Economics

English

Authors

  • Putri Fitria Sandy Faculty of Economics and Business, Jember University,Indonesia
  • Aliyyah Indrayani Hidayat Faculty of Economics and Business, Jember University,Indonesia
  • Firda Damaiyanti Faculty of Economics and Business, Jember University,Indonesia
  • Elsa Firlana Dewi Faculty of Economics and Business, Jember University,Indonesia
  • Zainuri Faculty of Economics and Business, Jember University,Indonesia

Keywords:

Investment, Interest Rate, Money Supply, Economic Growth

Abstract

The objective of this study is to examine the impact of investment, interest rates, and money supply on the economic growth of Indonesia between 2014 and 2018. The research employs quantitative methods, specifically utilizing Ordinary Least Square (OLS) models for analysis. This investigation falls under the category of literature review or documentation research. The dataset utilized consists of time series data, primarily obtained from the official website of the Badan Pusat Statistik (BPS). The findings of this study reveal that investment, interest rates, and money supply collectively exerted a significant influence on the economic growth of Indonesia during the period of 2014-2018.

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Published

2022-10-10