FAKTOR-FAKTOR YANG MEMPENGARUHI PASAR MODAL KONVENSIONAL DI INDONESIA
Abstrak
This research seeks to identify and analyze, both individually and simultaneously, the impact of exchange rates, interest rates, and inflation on the JCI in Indonesia. This research uses 40 data samples with Ordinary Least Square analysis technique. The data meet the requirements of the Gauss Markov assumption. Only the exchange rate has an impact on the JCI. The value of the determination test shows that the JCI can be explained by the exchange rate, interest rate and inflation. While the rest is explained by other factors not examined in this study.
Keywords : Exchange Rate, Interest Rate, Inflation, IHSG