Munich Personal RePEc Archive

Memantau Risiko Makro Finansial di dalam Perekonomian Indonesia

Mansur, Alfan (2017): Memantau Risiko Makro Finansial di dalam Perekonomian Indonesia. Published in: Kajian Ekonomi dan Keuangan , Vol. 2, No. 2 (31 August 2018): pp. 120-148.

[img] PDF
MPRA_paper_93752.pdf

Download (786kB)

Abstract

This paper adopts model of MCM Spidergram: Macro Financial Environment Tool (Ms Muffet) developed by the IMF as an analytical tool for assessment of risks and macro-financial conditions which affect Indonesian financial system stability. This model comprises 68 indicators merged into 6 composite indices reflecting 4 risks and 2 macro-financial conditions. The results show that this model perform well in signaling building up risks of instability in the Indonesian financial system during period of 2015 – 2016. Therefore, this model can be a valuable tool complementary to existing tools used to gauge Indonesian financial system stability. In addition, this model is also be able to cover a number of drawbacks arising in the previous models to measure financial system stability.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.