Menilik Perkembangan Sektor Keuangan Indonesia di Tengah Pandemi

Mansur, Alfan and Nizar, Muhammad Afdi (2020): Menilik Perkembangan Sektor Keuangan Indonesia di Tengah Pandemi. Published in: Seri Analisis Kebijakan Sektor Keuangan : Cara Indonesia Menangani Pandemi Covid-19 dan Dampaknya terhadap Perekonomian (December 2020): pp. 55-80.

Abstract

This study aims to examine the impact of the Covid-19 pandemic on the development of the Indonesian financial sector, both in terms of depth, access, and efficiency. The analytical tool used is the same as Mansur and Nizar's study (2019) with data updating in the period 2019 to August 2020. The results obtained show that during the 2020 pandemic (January – August 2020) the depth of financial institutions as a whole experienced a contraction of 1.13 percent with the main contributor coming from banking. Meanwhile, financial market depth for the same period contracted by 3.51 percent with the main contributor coming from the stock market. Other results indicate that investors are turning to lower risk instruments, such as government securities during the pandemic. In terms of access, both access to financial institutions and access to financial markets have shown improvement. One thing that is positive in difficult times, like this pandemic.

• Item Type: MPRA Paper
• English Title: Observing the Development of Indonesia's Financial Sector Amid the Pandemic
• Language: Indonesian
• Keywords: access, Covid-19, depth, efficiency, financial institution, financial market
• Subjects: G - Financial Economics > G1 - General Financial Markets > G14 - Information and Market Efficiency ; Event Studies ; Insider Trading; G - Financial Economics > G1 - General Financial Markets > G17 - Financial Forecasting and Simulation; G - Financial Economics > G1 - General Financial Markets > G18 - Government Policy and Regulation; G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages; G - Financial Economics > G2 - Financial Institutions and Services > G22 - Insurance ; Insurance Companies ; Actuarial Studies; G - Financial Economics > G2 - Financial Institutions and Services > G23 - Non-bank Financial Institutions ; Financial Instruments ; Institutional Investors; G - Financial Economics > G2 - Financial Institutions and Services > G24 - Investment Banking ; Venture Capital ; Brokerage ; Ratings and Ratings Agencies; G - Financial Economics > G2 - Financial Institutions and Services > G28 - Government Policy and Regulation

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