Skripsi
Analisis pengaruh aliran modal terhadap nilai tukar riil efektif
Deskripsi
The purpose of this research is to analyze the impact of capital inflows towards the REER, in a sample of 6 Asian countries, consisting of Indonesia, Malaysia, Thailand, Phillippines, China, and India from the year 1990-2011,. By using the model developed by Lartey (2007) and Feasible Generalized Least Square regreesion, the results reveal that portofolio investment have the greatest REER appreciation effect towards the REER, followed by other investment and foregin direct investment (FDI). Macroeconomic variables such as trade openness and government consumption positively and significantly affect the REER appreciationAda tabel