Pub Date : 2023-03-04DOI: 10.15408/etk.v22i1.25625
D. Rinaldo, Puteri Andika Sari, Wiendy Puspita Sari, Rediawan Miharja
A systematic literature review method was used in this study to find good governance for micro, small, and medium-sized businesses (MSMEs). The SEM-PLS approach was utilized to assess the effect of MSMEs' owners' competencies on the level of governance model implementation and the performance of MSMEs. The test results suggest implementing the governance model's concept can improve business performance. To be effective, however, owners of MSMEs must be willing to invest in their professional growth. Thus, based on the research findings, the MSMEs governance model, which is unique to this study, can serve as a standard for MSMEs' performance and a reference for various stakeholders involved in MSMEs' development initiatives.JEL Classification: G3, M21How to Cite:Rinaldo, D., Sari, P. A., Sari, W. P. & Miharja, R. (2023). The Development of Good Micro, Small and Medium Enterprises Governance Indicators. Etikonomi, 22(1), 93–118. https://doi.org/10.15408/etk.v22i1.25625.
{"title":"The Development of Good Micro, Small and Medium Enterprises Governance Indicators","authors":"D. Rinaldo, Puteri Andika Sari, Wiendy Puspita Sari, Rediawan Miharja","doi":"10.15408/etk.v22i1.25625","DOIUrl":"https://doi.org/10.15408/etk.v22i1.25625","url":null,"abstract":"A systematic literature review method was used in this study to find good governance for micro, small, and medium-sized businesses (MSMEs). The SEM-PLS approach was utilized to assess the effect of MSMEs' owners' competencies on the level of governance model implementation and the performance of MSMEs. The test results suggest implementing the governance model's concept can improve business performance. To be effective, however, owners of MSMEs must be willing to invest in their professional growth. Thus, based on the research findings, the MSMEs governance model, which is unique to this study, can serve as a standard for MSMEs' performance and a reference for various stakeholders involved in MSMEs' development initiatives.JEL Classification: G3, M21How to Cite:Rinaldo, D., Sari, P. A., Sari, W. P. & Miharja, R. (2023). The Development of Good Micro, Small and Medium Enterprises Governance Indicators. Etikonomi, 22(1), 93–118. https://doi.org/10.15408/etk.v22i1.25625.","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":"1 1","pages":""},"PeriodicalIF":0.8,"publicationDate":"2023-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41847484","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-04DOI: 10.15408/etk.v22i1.23737
Shanwen Guo, Liliang You, Qibin Wang
The aging trend of the population in Hong Kong and Macau is evident, so the pension system is especially significant. This research paper uses document analysis and a double-case study as the research method. It uses path dependence and critical moments in historical institutionalism theory as the theoretical tools for political economy analysis. The discussion argues that “the social culture shaped by local politics,” “the combination of local economic development and economic structure,” and “influence from social structure” are the three main factors that influence the pension systems in Hong Kong and Macau, and are the fundamental reasons for the differences between the pension systems in Hong Kong and Macau. We also conclude that the outbreak of COVID-19 is causing the evolution of the pension systems in both regions to be converging.JEL Classification: H7, N9, O2, R5How to Cite:Guo, S., You, L., & Wang, Q. (2023). What is the Trend after Covid-19? A Political-Economic Analysis of the Pension Systems in Hongkong and Macau. Etikonomi, 22(1), 155–174. https://doi.org/10.15408/etk.v22i1.23737.
{"title":"What is the trend after Covid-19? A Political-Economic Analysis of the Pension Systems in Hong Kong and MACAU","authors":"Shanwen Guo, Liliang You, Qibin Wang","doi":"10.15408/etk.v22i1.23737","DOIUrl":"https://doi.org/10.15408/etk.v22i1.23737","url":null,"abstract":"The aging trend of the population in Hong Kong and Macau is evident, so the pension system is especially significant. This research paper uses document analysis and a double-case study as the research method. It uses path dependence and critical moments in historical institutionalism theory as the theoretical tools for political economy analysis. The discussion argues that “the social culture shaped by local politics,” “the combination of local economic development and economic structure,” and “influence from social structure” are the three main factors that influence the pension systems in Hong Kong and Macau, and are the fundamental reasons for the differences between the pension systems in Hong Kong and Macau. We also conclude that the outbreak of COVID-19 is causing the evolution of the pension systems in both regions to be converging.JEL Classification: H7, N9, O2, R5How to Cite:Guo, S., You, L., & Wang, Q. (2023). What is the Trend after Covid-19? A Political-Economic Analysis of the Pension Systems in Hongkong and Macau. Etikonomi, 22(1), 155–174. https://doi.org/10.15408/etk.v22i1.23737.","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2023-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48406605","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-04DOI: 10.15408/etk.v22i1.22385
Saba Shaikh, Imamuddin Khoso, N. Channa
This research is envisioned to explain the impact of individual time management behaviors on the work-life balance of banking employees. Using the positivist paradigm, a self-administered survey was chosen to collect responses from bank employees across Sindh, Pakistan. The presented hypotheses were supported by quantitative analytical techniques that tested causal links between all constructs. A total of 450 questionnaires were administered, out of which 320 valid responses were analyzed using PLS-SEM. The findings validated that individual time management behaviors do contribute to attaining work-life balance in the banking sector. Results revealed a positive effect of goal setting and priorities, time management mechanics, and organization preference on employees’ work-life balance. Among all, mechanics of time management (MTM) substantially impact achieving work-life balance. This research will aid in the identification of time management practices that are better capable of balancing work and life.JEL Classification: M12How to Cite:Shaikh, S., Khoso, I., & Channa, N. (2023). The Nexus Between Time Management Behaviors and Work-Life Balance of Employees. Etikonomi, 22(1), 119–130. https://doi.org/10.15408/etk.v22i1.22385.
{"title":"The Nexus between Time Management Behaviors and Work-Life Balance of Employees","authors":"Saba Shaikh, Imamuddin Khoso, N. Channa","doi":"10.15408/etk.v22i1.22385","DOIUrl":"https://doi.org/10.15408/etk.v22i1.22385","url":null,"abstract":"This research is envisioned to explain the impact of individual time management behaviors on the work-life balance of banking employees. Using the positivist paradigm, a self-administered survey was chosen to collect responses from bank employees across Sindh, Pakistan. The presented hypotheses were supported by quantitative analytical techniques that tested causal links between all constructs. A total of 450 questionnaires were administered, out of which 320 valid responses were analyzed using PLS-SEM. The findings validated that individual time management behaviors do contribute to attaining work-life balance in the banking sector. Results revealed a positive effect of goal setting and priorities, time management mechanics, and organization preference on employees’ work-life balance. Among all, mechanics of time management (MTM) substantially impact achieving work-life balance. This research will aid in the identification of time management practices that are better capable of balancing work and life.JEL Classification: M12How to Cite:Shaikh, S., Khoso, I., & Channa, N. (2023). The Nexus Between Time Management Behaviors and Work-Life Balance of Employees. Etikonomi, 22(1), 119–130. https://doi.org/10.15408/etk.v22i1.22385.","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":"1 1","pages":""},"PeriodicalIF":0.8,"publicationDate":"2023-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67107879","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-04DOI: 10.15408/etk.v22i1.30605
Annisa Salsabila, Dwi Nur’aini Ihsan
The halal industry is experiencing rapid development, one of which is the increasing demand for halal products. Studying the halal lifestyle for career women is interesting because of the growing development of Muslim fashion and halal cosmetics. The originality of this research lies in a comprehensive study of the halal lifestyle in career women. This study aimed to determine the effect of religiosity, knowledge, awareness, and social environment on the halal lifestyle of career women in Jakarta Province. The respondents were 250 Muslim career women. The method of this research used the SEM-PLS method. The results of this research indicated that the variables of religiosity, awareness, and social environment significantly affect the halal lifestyle. Meanwhile, the knowledge variable does not affect the halal lifestyle. This research implies that halal industry producers must increase intense outreach and education to the public, especially among career women.JEL Classification: E31, F31, C22How to Cite:Salsabila, A. Y., & Ihsan, D. N. (2023). The Influence of Halal Lifestyle on Career Women in Indonesia. Etikonomi, 22(1), 197–212. https://doi.org/10.15408/etk.v22i1.30605.
{"title":"The Influence of Halal Lifestyle on Career Women in Indonesia","authors":"Annisa Salsabila, Dwi Nur’aini Ihsan","doi":"10.15408/etk.v22i1.30605","DOIUrl":"https://doi.org/10.15408/etk.v22i1.30605","url":null,"abstract":"The halal industry is experiencing rapid development, one of which is the increasing demand for halal products. Studying the halal lifestyle for career women is interesting because of the growing development of Muslim fashion and halal cosmetics. The originality of this research lies in a comprehensive study of the halal lifestyle in career women. This study aimed to determine the effect of religiosity, knowledge, awareness, and social environment on the halal lifestyle of career women in Jakarta Province. The respondents were 250 Muslim career women. The method of this research used the SEM-PLS method. The results of this research indicated that the variables of religiosity, awareness, and social environment significantly affect the halal lifestyle. Meanwhile, the knowledge variable does not affect the halal lifestyle. This research implies that halal industry producers must increase intense outreach and education to the public, especially among career women.JEL Classification: E31, F31, C22How to Cite:Salsabila, A. Y., & Ihsan, D. N. (2023). The Influence of Halal Lifestyle on Career Women in Indonesia. Etikonomi, 22(1), 197–212. https://doi.org/10.15408/etk.v22i1.30605.","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2023-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49431286","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-04DOI: 10.15408/etk.v22i1.26307
B. M. Haidlir, W. Jatmiko, A. Azizon, R. Kasri, B. S. Laksmono
This study evaluates the determinants and impacts of trust toward awqf institutions. We extend previous studies by examining the determining role of religiosity and knowledge on trust towards awqf institutions, in addition to the role of reputation and integrity. Our study differs from the previous studies as we incorporate the intergenerational analysis of 658 experienced and inexperienced Indonesian waqf donors by employing the PLS-SEM method. Our findings suggest that religiosity and knowledge significantly influence trust toward awqf institutions. However, the impact differs across generations X, Y, and Z. While the direct impacts of religiosity and knowledge on the intention to do cash waqf are insignificant for certain generations, the variables significantly impact the intention of all generations when moderated by the trust. Therefore, our primary implication is for awqf institutions to know their customers better and offer more trust-enhancing programs for the inexperienced younger generations.JEL Classification: Z12, L31How to Cite:Haidlir, B. M., Jatmiko, W., Azizon, A., Kasri, R. A., & Laksmono, B. A. (2023). Determinants and Impacts of Trust on Awqf Institutions: Intergenerational Evidence from Indonesia. Etikonomi, 22(1), 175–196. https://doi.org/10.15408/etk.v22i1.26307.
{"title":"Determinants and Impacts of Trust on Awqaf Institutions: Intergenerational Evidence from Indonesia","authors":"B. M. Haidlir, W. Jatmiko, A. Azizon, R. Kasri, B. S. Laksmono","doi":"10.15408/etk.v22i1.26307","DOIUrl":"https://doi.org/10.15408/etk.v22i1.26307","url":null,"abstract":"This study evaluates the determinants and impacts of trust toward awqf institutions. We extend previous studies by examining the determining role of religiosity and knowledge on trust towards awqf institutions, in addition to the role of reputation and integrity. Our study differs from the previous studies as we incorporate the intergenerational analysis of 658 experienced and inexperienced Indonesian waqf donors by employing the PLS-SEM method. Our findings suggest that religiosity and knowledge significantly influence trust toward awqf institutions. However, the impact differs across generations X, Y, and Z. While the direct impacts of religiosity and knowledge on the intention to do cash waqf are insignificant for certain generations, the variables significantly impact the intention of all generations when moderated by the trust. Therefore, our primary implication is for awqf institutions to know their customers better and offer more trust-enhancing programs for the inexperienced younger generations.JEL Classification: Z12, L31How to Cite:Haidlir, B. M., Jatmiko, W., Azizon, A., Kasri, R. A., & Laksmono, B. A. (2023). Determinants and Impacts of Trust on Awqf Institutions: Intergenerational Evidence from Indonesia. Etikonomi, 22(1), 175–196. https://doi.org/10.15408/etk.v22i1.26307.","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2023-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44597456","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-04DOI: 10.15408/etk.v22i1.27139
Ikramuddin Junejo, Fiza Qureshi, Muhammad Ali Khan
Previous studies have been conducted in developed countries, and only a few are conducted in developing countries. Furthermore, a contribution of this is that the mediating role of environmental education is considered in the present study. This study aimed to identify the mediating role of environmental education between internal environmental management, supplier selection, and green packaging on sustainable supply chain performance in Pakistan. A total of 250 chemical companies filled out the questionnaire. The findings of this study revealed a partial mediation effect of environmental education for internal environmental management, supplier selection, and green packaging in sustainable supply chain performance in Pakistan. However, the supplier selection results are more critical compared to internal environment management and green packaging due to the higher beta value. This study proposed a pivotal variable to achieve a sustainable supply chain in developing countries such as Pakistan.JEL Classification: Q01, Q51, Q54, Q56How to Cite:Junejo, I., Qureshi, F., & Khan, M. A. (2023). Mediating role of Environmental Education for Sustainable Supply Chain Performance: Empirical Evidence from Chemical Companies of Pakistan. Etikonomi, 22(1), 131–142. https://doi.org/10.15408/etk.v22i1.27139.
{"title":"Mediating role of Environmental Education for Sustainable Supply chain Performance: Empirical Evidence from Chemical Companies of Pakistan","authors":"Ikramuddin Junejo, Fiza Qureshi, Muhammad Ali Khan","doi":"10.15408/etk.v22i1.27139","DOIUrl":"https://doi.org/10.15408/etk.v22i1.27139","url":null,"abstract":"Previous studies have been conducted in developed countries, and only a few are conducted in developing countries. Furthermore, a contribution of this is that the mediating role of environmental education is considered in the present study. This study aimed to identify the mediating role of environmental education between internal environmental management, supplier selection, and green packaging on sustainable supply chain performance in Pakistan. A total of 250 chemical companies filled out the questionnaire. The findings of this study revealed a partial mediation effect of environmental education for internal environmental management, supplier selection, and green packaging in sustainable supply chain performance in Pakistan. However, the supplier selection results are more critical compared to internal environment management and green packaging due to the higher beta value. This study proposed a pivotal variable to achieve a sustainable supply chain in developing countries such as Pakistan.JEL Classification: Q01, Q51, Q54, Q56How to Cite:Junejo, I., Qureshi, F., & Khan, M. A. (2023). Mediating role of Environmental Education for Sustainable Supply Chain Performance: Empirical Evidence from Chemical Companies of Pakistan. Etikonomi, 22(1), 131–142. https://doi.org/10.15408/etk.v22i1.27139.","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2023-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43250528","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-04DOI: 10.15408/etk.v22i1.28486
C. Tang, Bee Wah Tan
Studies on the COVID-19 pandemic are more likely to concentrate on the effects of the virus while ignoring its time-series characteristics, particularly its stationarity characteristics. Thus, this study attempts to investigate the effectiveness of policy interventions against COVID-19 by determining the permanent or transitory effects in 5 major regions and the ten most infected countries. Using the endogenous multiple breaks unit root tests introduced by Kapetanios (2005), the findings indicate that only the impacts of shocks to COVID-19 infection rates in France are likely to be permanent. However, the transitory effect is found in Brazil, Germany, Iran, Italy, Russia, Spain, Turkey, the United Kingdom, and the United States. The country where the shock has a permanent impact is suitable for policy interventions, including lockdowns, social isolation, and local isolation. While herd immunity, which protects the entire population against COVID-19, is better ideal for application in countries that experience shocks with a transitory effect.JEL Classification: C1, I15, I18How to Cite:Tang, C.F., & Tan, B.W. (2023). How Effective are Policy Interventions Against the COVID-19 Infection Rates? Etikonomi, 22(1), 1–14. https://doi.org/10.15408/etk.v22i1.28486.
{"title":"How Effective are Policy Interventions Against the COVID-19 Infection Rates?","authors":"C. Tang, Bee Wah Tan","doi":"10.15408/etk.v22i1.28486","DOIUrl":"https://doi.org/10.15408/etk.v22i1.28486","url":null,"abstract":"Studies on the COVID-19 pandemic are more likely to concentrate on the effects of the virus while ignoring its time-series characteristics, particularly its stationarity characteristics. Thus, this study attempts to investigate the effectiveness of policy interventions against COVID-19 by determining the permanent or transitory effects in 5 major regions and the ten most infected countries. Using the endogenous multiple breaks unit root tests introduced by Kapetanios (2005), the findings indicate that only the impacts of shocks to COVID-19 infection rates in France are likely to be permanent. However, the transitory effect is found in Brazil, Germany, Iran, Italy, Russia, Spain, Turkey, the United Kingdom, and the United States. The country where the shock has a permanent impact is suitable for policy interventions, including lockdowns, social isolation, and local isolation. While herd immunity, which protects the entire population against COVID-19, is better ideal for application in countries that experience shocks with a transitory effect.JEL Classification: C1, I15, I18How to Cite:Tang, C.F., & Tan, B.W. (2023). How Effective are Policy Interventions Against the COVID-19 Infection Rates? Etikonomi, 22(1), 1–14. https://doi.org/10.15408/etk.v22i1.28486.","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2023-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43432670","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-04DOI: 10.15408/etk.v22i1.30370
H. Hardiansyah, E. Amalia, Abdul Hamid
This study aims to develop an Islamic personality model as a psychometric tool to assess creditworthiness as an alternative predictive character analysis for micro businesses. The method designed to formulate the proposed model coded in R Studio uses two approaches. First, we modify Moslem Religiosity Personality Inventory and then frame a structural model based on Partial Least Square. Subsequently, we use the random forest technique to see the model's accuracy. The result shows a valid and reliable model and performs with 89.47 % accuracy with an Area Under Curve -Receiver Operating Characteristic of 90.06 %. This model implies a solution to strengthen the assessment of the character of creditworthiness of a potential micro-business and helps Islamic Financial Institutions to assess prospective micro-business to determine credit risk and pricing.JEL Classification: B41, D81, D87, G21, P43How to Cite:Hardiansyah., Amalia, E., & Hamid, A. (2023). Islamic Personality Model as Pychometric Tool To Access Creditworthiness of Micro Financing. Etikonomi, 22(1), 233–246. https://doi.org/10.15408/etk.v22i2.30370.
{"title":"Islamic Personality Model as Psychometric Tool To Assess Creditworthiness of Micro Financing","authors":"H. Hardiansyah, E. Amalia, Abdul Hamid","doi":"10.15408/etk.v22i1.30370","DOIUrl":"https://doi.org/10.15408/etk.v22i1.30370","url":null,"abstract":"This study aims to develop an Islamic personality model as a psychometric tool to assess creditworthiness as an alternative predictive character analysis for micro businesses. The method designed to formulate the proposed model coded in R Studio uses two approaches. First, we modify Moslem Religiosity Personality Inventory and then frame a structural model based on Partial Least Square. Subsequently, we use the random forest technique to see the model's accuracy. The result shows a valid and reliable model and performs with 89.47 % accuracy with an Area Under Curve -Receiver Operating Characteristic of 90.06 %. This model implies a solution to strengthen the assessment of the character of creditworthiness of a potential micro-business and helps Islamic Financial Institutions to assess prospective micro-business to determine credit risk and pricing.JEL Classification: B41, D81, D87, G21, P43How to Cite:Hardiansyah., Amalia, E., & Hamid, A. (2023). Islamic Personality Model as Pychometric Tool To Access Creditworthiness of Micro Financing. Etikonomi, 22(1), 233–246. https://doi.org/10.15408/etk.v22i2.30370.","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2023-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44672623","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-04DOI: 10.15408/etk.v22i1.23428
Raheel Gohar, B. Chang, E. Uche, Pervez Ahmed Memon, Kashif Bhatty
Previous literature on the exchange rate and household consumption failed to examine the effect of positive and negative changes in the exchange rate on household consumption expenditures. We extended the available literature by investigating the asymmetric impacts in African emerging economies (AEE). To attain this aim, we utilized the nonlinear ARDL model, which covers both negative and positive shocks in the exchange rate. Our results indicate that movements in the exchange rate have asymmetric impacts on household consumption in all the included emerging economies, excluding Nigeria. Our findings propose recommendations for the policymakers to ensure the alignment of the optimal exchange rate for countries of emerging African economies and propose relevant policies for the countries.JEL Classification: D12, D60, I30How to Cite:Gohar, R., Chang, B. H., Uche, E., & Bhatty, K. (2023). The Asymmetric Effect of Exchange Rate on the Household Consumption Expenditures. Etikonomi, 22(1), 31–44. https://doi.org/10.15408/etk.v22i1.23428.
{"title":"The Asymmetric Effect of Exchange Rate on the Household Consumption Expenditures","authors":"Raheel Gohar, B. Chang, E. Uche, Pervez Ahmed Memon, Kashif Bhatty","doi":"10.15408/etk.v22i1.23428","DOIUrl":"https://doi.org/10.15408/etk.v22i1.23428","url":null,"abstract":"Previous literature on the exchange rate and household consumption failed to examine the effect of positive and negative changes in the exchange rate on household consumption expenditures. We extended the available literature by investigating the asymmetric impacts in African emerging economies (AEE). To attain this aim, we utilized the nonlinear ARDL model, which covers both negative and positive shocks in the exchange rate. Our results indicate that movements in the exchange rate have asymmetric impacts on household consumption in all the included emerging economies, excluding Nigeria. Our findings propose recommendations for the policymakers to ensure the alignment of the optimal exchange rate for countries of emerging African economies and propose relevant policies for the countries.JEL Classification: D12, D60, I30How to Cite:Gohar, R., Chang, B. H., Uche, E., & Bhatty, K. (2023). The Asymmetric Effect of Exchange Rate on the Household Consumption Expenditures. Etikonomi, 22(1), 31–44. https://doi.org/10.15408/etk.v22i1.23428.","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2023-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45235286","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-04DOI: 10.15408/etk.v22i1.26656
Faaza Fakhrunnas, Katiya Nahda, M. Chowdhury
This study aims to examine an asymmetric relationship between Islamic and conventional bank contributions to financial stability in Indonesia. Adopting non-linear autoregressive distributed lag (NARDL), the study utilizes time-series data from 2004m1-2021m9, consisting of financial stability as a dependent variable, proxied by non-performing loans (NPLs) and ZSCORE. Islamic and conventional banks as independent variables were measured by total financing and total assets. Furthermore, we used interest rates and inflation as complementary variables. The findings reveal that Islamic and conventional banks affect financial stability in the short and long run. However, conventional banks contribute to financial stability more than Islamic banks. The asymmetric relationship explains that an increase/decrease in the independent variables to the same degree does not have the same impact on the dependent variable. This research implies that the financial authorities need to increase their awareness of the presence of asymmetric relationships when designing monetary policy to achieve and maintain financial stability. Finally, the study also fills the current research gap by measuring the contribution of Islamic and conventional banks to financial stability from an asymmetric relationship viewpoint.JEL Classification: E60, G20, G21How to Cite:Fakhrunnas, F., Nahda, K., Chowdhury, M.A.M. (2023). The Contribution of Islamic and Conventional Banks to Financial Stability in Indonesia. Etikonomi, 22(1), 213–232. https://doi.org/10.15408/etk.v22i2.26656.
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