This study analyzes the effect of Indonesian macroeconomic condition and international interest rate shocks on yield of the Government Bond in US Dollar. This study applies Vector Error Correction Model (VECM) using monthly data which consists of yield of the Government Bond in US Dollar, domestic interest rate, price level, real exchange rate, and international interest rate during the period of January 2006 to December 2013. The results show that domestic interest rate, price level, real exchange rate, and international interest rate have significant positive impacts on yield of the Government Bond in US Dollar and confirm the presence of the error correction mechanism in the yield of the Government Bond in US Dollar model that also indicates the existence of cointegration.
Spin-off policy is one of the crucial issues in the Indonesian Islamic Banking Act (The Act of 21/2008). This paper is going to evaluate the spinoffs criteria that are inherent in the Act of 21/2008. The method that has been used in this paper to evaluate the spinoffs criteria is ARIMA and simulation. This ARIMA method is used to forecast that the Islamic banking unit can achieve the fifty percent asset after fifteen years after this act. The object that is used in this paper is four Islamic spin-off's banks, five Islamic banking units, and two Islamic fullfledged banks. The ARIMA result shows that from all of the objects in fifteen years or the year of 2023, there are no Islamic banks either Islamic full-fledged banks or Islamic banking unit can achieve the fifty percent asset. Besides that, based on the simulation it needs high growth asset to achieve the market share asset of its parent's banks. According to these results, this study suggests the regulator should revise the spinoffs criteria using the strict criteria that based on either nominal assets, capital, financial ratio or the others.
This study aims to analyze the food security determinant of households by household characteristics in Indonesia using descriptive and multinomial logit analyses, and determine the characteristics of households that need intervention of Raskin in Indonesia. Descriptive and multinomial logit analyses found that households more food secure if the education of household head is higher, number of household members is smaller, the household head work in non-agriculture, income per capita is larger, and the area where household live in urban areas. Generally, Raskin relatively on target. Raskin should be prioritized on women-headed households with low education, and work in agriculture/non-agriculture. AbstrakStudi ini menganalisis determinan ketahanan pangan rumah tangga menurut karakteristik rumah tangga di Indonesia dengan analisis deskriptif dan multinomial logit, serta menentukan karakteristik rumah tangga yang perlu intervensi Raskin di Indonesia tahun 2011. Hasil analisis deskriptif dan multinomial logit menemukan bahwa semakin tinggi pendidikan kepala rumah tangga akan meningkat pula ketahanan pangannya jika jumlah anggota rumah tangga kecil, pekerjaan kepala rumah tangga di non-pertanian, pendapatan per kapita besar, dan daerah tempat tinggal di perkotaan. Secara umum, Raskin relatif tepat sasaran. Raskin sebaiknya diprioritaskan pada rumah tangga yang dikepalai perempuan, berpendidikan dasar, dan bekerja di pertanian maupun non-pertanian. Kata kunci: Raskin; Ketahanan Pangan Rumah Tangga; Susenas; Multinomial Logit JEL classifications: C54; I38; R28 Pendahuluan Indonesia adalah negara dengan tingkat konsumsi rumah tangga yang cukup tinggi dengan kontribusi sebesar 55% atau lebih dari sepa-¦ Alamat Korespondensi: Jl. Nurul No. 37 Rt. 012 Rw. 02 Komplek DPR1 BPK1 Kebon Jeruk Jakarta Produk Domestik Bruto (PDB) berdasarkan penggunaan tahun 2011. Konsumsi rumah tangga mencakup konsumsi pangan dan nonpangan, tetapi jika dilihat dari kepentingannya, maka konsumsi makanan atau pangan dianggap jauh lebih penting karena merupakan kebutuhan yang wajib dipenuhi agar dapat hidup secara sehat dan produktif. Terpenuhinya JEPI Vol. 15 No. 2 Januari 2015 Analisis Raskin dan Ketahanan Pangan Rumah Tangga di Indonesia... 122 kebutuhan pangan diharapkan dapat menciptakan Sumber Daya Manusia (SDM) yang handal. Konsumsi pangan dijamin oleh negara karena pangan dianggap sebagai kebutuhan dasar manusia yang paling hakiki dan hal mutlak yang harus dipenuhi. Undang-Undang (UU) No. 18 Tahun 2012 tentang Pangan menyebutkan bahwa pangan merupakan kebutuhan dasar manusia yang paling utama dan pemenuhannya merupakan bagian dari hak asasi manusia yang dijamin di dalam Undang-Undang Dasar Negara Republik Indonesia Tahun 1945 sebagai komponen dasar untuk mewujudkan SDM yang berkualitas. Negara berkewajiban mewujudkan ketersediaan, keterjangkauan, dan pemenuhan konsumsi pangan yang cukup, aman, bermutu, dan bergizi seimbang, baik pada tingkat nasional maupun daerah hingga perseorangan secara merata di seluruh wilayah Negara Kesatuan Republik ...
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