Article Sidebar
Main Article Content
Abstract
The purpose of this article is to look at the long-term and short-term relationships between macroeconomic variables, namely the exchange rate, inflation and IPI to third party funds with Islamic commercial banks in Indonesia. This article uses quantitative research methods, the data used is secondary data with the time series type from January 2014-December 2018, the analytical tool used is VECM, which is a form of VAR detected. Before the final results are obtained, there are several analyzes that must be performed before testing the VECM, namely the stationarity test, the optimal lag test, the cointegration test, the VECM estimate, and finally the impulse response function test. Based on the results of the analysis performed, the results show that for both long and short term exchange rate variables affect deposits, the inflation variable in this investigation period does not affect deposits and the IPI variable has a long term relationship with deposits, while in the short term has no relationship with third party funds. This article contributes to the effect of both long and short term macroeconomic variables on the interest of customers in depositing money with Islamic banks to be used as third party funds with Islamic banks.
Article Details
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
