THE RECONSTRUCTION OF MONEY SUPPLY AND OIL PRICE TOWARD IDX COMPOSITE AND COMPOSITE TRADE VOLUME IN INDONESIA STOCK EXCHANGE
Journal Title: Academic Research International - Year 2018, Vol 9, Issue 3
Abstract
This research aims to reconstruct and to analyze the direct and indirect effect of money supply, oil price toward IDX Composite and composite trade volume in Indonesia Stock Exchange. This study is explorative or associative research with hypothesis testing. It is conducted in Indonesia Stock Exchange of Statistic Center using its secondary data. The population research is money supply, oil price, and IDX Composite and composite trading volume. The sample used is monthly data taken in serial time during July 2005 to December 2015. This research analysis uses Path Analysis method. The Path Analysis result shows that the money supply and oil price have direct and significant effect toward IDX Composite while the money supply, oil price and IDX Composite have direct and significant effect toward composite trading volume. The next result shows that the IDX Composite significantly mediates the indirect effect of the money supply and oil price toward the composite trade volume.
Authors and Affiliations
Maria Widyastuti, Lusy Lusy, Y. Budi Hermanto, Lilik Indrawati
Keywords
Related Articles
- EP ID EP609241
- DOI -
- Views 141
- Downloads 0
REPRESENTATION OF SOCIOCULTURAL IDENTITY IN URDU SHORT STORY: A TRANSITIVITY ANALYSIS
Through explication of transitivity features, this paper reveals how socio-cultural identity is incorporated into literary text through both individualistic and metaphoric representation of men and women. For this purp...
SPORT VOLUNTEERISM AS A TOOL FOR EFFECTIVE SPORTS ADMINISTRATION AND DEVELOPMENT IN NIGERIA
Sport at any level is a social activity and event that requires human and material resources. The inadequacy of sports personnel for effective sports administration and development can be augmented with the services of...
ASSESSING SCHOOL ADMINISTRATION IN NIGERIA FOR QUALITY ASSURANCE
The concern for Preparing Successful Principals has been a major research effort by the Wallace Foundation and Stanford University in conjunction examining development of strong leadership in school administration. Thi...
GENDER, LIFE ROLE IMPORTANCE AND WORK-FAMILY CONFLICT IN INDONESIA: A NON-WESTERN PERSPECTIVE
This study examined gender differences among profiles based on life role importance on work-family conflict. The sample consisted of 404 Indonesia working couples with children. We found four profiles based on their work...
BLACKOUT INTERFERENCE ON POWER INJECTION INFORMATION IN MULTIMACHINE REAL TIME MONITORING SYSTEM
The oscillation control based on power system as an information data real time that replace the conventional automatic voltage regulators for excitation control additional in a multimachine power system is presented in t...