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.

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.

• Item Type: MPRA Paper
• English Title: Surveillance on the Macro-financial Risks of Indonesia's Economy
• Language: Indonesian
• Keywords: Financial system stability, Ms Muffet, risks, macro-�financial conditions
• Subjects: E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E20 - General; F - International Economics > F3 - International Finance > F30 - General; F - International Economics > F4 - Macroeconomic Aspects of International Trade and Finance > F41 - Open Economy Macroeconomics; G - Financial Economics > G1 - General Financial Markets > G10 - General; G - Financial Economics > G3 - Corporate Finance and Governance > G30 - General

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