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Perkembangan pasar obligasi dan saham serta pertumbuhan ekonomi Indonesia : (2000:1-2007:4)
This study focuses on bond market development especially government and corporate bond market compare with stock market on Indonesia?s economic growth during first quartile of 2000 until fourth quartile of 2007. The research methods used in this study are Vector Autoregression (VAR) and Granger Causality Test. The analysis of Granger Causality Test concludes that there is causality between bond market development, government bond and economic growth which is called supply leading hypothesis. Meanwhile, corporate bond market significance affects economic growth and vice versa, which is called interdependence hypothesis. According to the decomposition variance?s result, bond market especially corporate bond is the most determinant variable on economic growth than stock and government bond. Therefore, according to the impulse response function?s result, there is a proof that bond?s growth positively responded by economic growth. While, government bond?s growth negatively responded by corporate bond?s growth which is called crowding out effect.Ada tabel
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| 6720 | PSB lt.2 - Karya Akhir | 1 |
| Penerbit | Depok: Departemen Ilmu Ekonomi, Fakultas Ekonomi Universitas Indonesia 2009 |
|---|---|
| Edisi | - |
| Subjek | Shares Economic growth Bonds Governmental bonds Vector auto regression |
| ISBN/ISSN | - |
| Klasifikasi | - |
| Deskripsi Fisik | xiv, 99 p. : diagr. ; 30 cm. |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |