We develop a joint default probability index to signal potential systemic risks in the highly concentrated Indonesian banking industry. To build the index, we estimate bank-level tail risks using monthly bank financial reports. We use the copula approach to derive the joint multivariate dependencies at the bank level, as reflected in the monthly financial reports. Our results, which are based o…
In this paper, we examined the influence of technology growth on labour outcomes. Using a sample of 37 Indonesian banks and data on Financial Technology (FinTech) firms from 1998 to 2017, we discovered that technology growth negatively influences the number of employees and positively impacts employee compensation. The role of technology in these labour market outcomes are both statistically an…
Penelitian ini menyelidiki dampak kebijakan pelepasan Capital Conservation Buffer (CCB) yang berlatar belakang resesi ekonomi akibat pandemi COVID-19. Menggunakan metodologi Difference-in-Differences (DID), studi ini bertujuan untuk mengetahui efek dari kebijakan pelepasan CCB terhadap pertumbuhan kredit perbankan Indonesia mulai dari periode kuartal pertama tahun 2019 hingga kuartal kedua tahu…