The 3rd International Conference Community Research and Service Engagements, IC2RSE 2019, 4th December 2019, North Sumatra, Indonesia

Research Article

XLeading Indicator For Economic Stability Four Emerging Market Countries

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  • @INPROCEEDINGS{10.4108/eai.4-12-2019.2293826,
        author={Anwar  Sanusi and Ade  Novalina and Bakhtiar  Efendi and Rusiadi  Rusiadi},
        title={XLeading Indicator For Economic Stability Four Emerging Market Countries},
        proceedings={The 3rd International Conference Community Research and Service Engagements, IC2RSE 2019, 4th December  2019, North Sumatra, Indonesia},
        publisher={EAI},
        proceedings_a={IC2RSE},
        year={2020},
        month={4},
        keywords={interest rates rates jub inflation expectations gdp and inflation},
        doi={10.4108/eai.4-12-2019.2293826}
    }
    
  • Anwar Sanusi
    Ade Novalina
    Bakhtiar Efendi
    Rusiadi Rusiadi
    Year: 2020
    XLeading Indicator For Economic Stability Four Emerging Market Countries
    IC2RSE
    EAI
    DOI: 10.4108/eai.4-12-2019.2293826
Anwar Sanusi1,*, Ade Novalina1, Bakhtiar Efendi1, Rusiadi Rusiadi1
  • 1: Universitas Pembangunan Panca Budi, Medan, Indonesia
*Contact email: anwar.sanusi@gmail.com

Abstract

The research aims to analyze the contribution of monetary policy to economic stability of economic stability size, interest rate, exchange rate, amount of money supply, inflation expectations, GDP and inflation. The special Target in this research is to find the Leading indicator of effectiveness of economic stability control of each of the four emerging market countries namely China, India, Vietnam, and Indonesia abbreviated (CIVI). The material used in this study is quantitative material with data panels in 4 civil countries, the data source of the time series secondary is from the first quarter of 2000 until the first quarter of the year 2017. The data analysis model in this research is the ARDL Panel, analysis model. Analysis results of ARDL Panel generate that Leading indicator of state effectiveness in the control of stability of CIVI countries, namely India (interest, exchange rate, amount of money supply, inflation expectations, and GDP) and Vietnam (interest, amount of money supply and GDP). Other countries, such as Indonesia, economic stability control is done by interest and the money supply, whereas China is done through the amount of money supply.