Adakah saluran pinjaman bank dasar monetari relevan? Kajian data panel dari indonesia

Translated title of the contribution: Is bank lending channel of monetary policy relevance? A panel study of indonesia

Research output: Contribution to journalArticle

Abstract

This paper aims to investigate the relevance of bank lending channel in Indonesia by using bank level data set for a period from 1990 to 2010. A static panel data method namely fixed effects and random effects model are used in estimating the banks' loan supply function. Besides monetary policy variable, several macroeconomic variables (real GDP and inflation), and bank characteristic variables (bank size, liquidity and bank capital) are also considered in estimating the banks' loan supply function. The findings support the existence of bank lending channel in Indonesia, in which the banks' loan supply is negatively and significantly influenced by monetary policy. The banks' specific variables such as bank liquidity and bank capital ratio are statistically significant and negatively correlated, while asset size is significant and positively correlated with the banks' loan supply.

Original languageUndefined/Unknown
Pages (from-to)151-161
Number of pages11
JournalJurnal Pengurusan
Volume40
Publication statusPublished - 2014

Fingerprint

Bank loans
Indonesia
Bank lending channel
Monetary policy
Panel study
Bank capital
Liquidity
Macroeconomic variables
Fixed effects
Capital ratios
Panel data methods
Real GDP
Inflation
Bank size
Random effects model
Assets

Keywords

  • Bank lending channel
  • Monetary policy
  • Static panel data

ASJC Scopus subject areas

  • Business, Management and Accounting (miscellaneous)
  • Accounting
  • Business and International Management

Cite this

Adakah saluran pinjaman bank dasar monetari relevan? Kajian data panel dari indonesia. / Abdul Karim, Zulkefly; Abdullah, Noraini; Said, Fathin Faizah.

In: Jurnal Pengurusan, Vol. 40, 2014, p. 151-161.

Research output: Contribution to journalArticle

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AB - This paper aims to investigate the relevance of bank lending channel in Indonesia by using bank level data set for a period from 1990 to 2010. A static panel data method namely fixed effects and random effects model are used in estimating the banks' loan supply function. Besides monetary policy variable, several macroeconomic variables (real GDP and inflation), and bank characteristic variables (bank size, liquidity and bank capital) are also considered in estimating the banks' loan supply function. The findings support the existence of bank lending channel in Indonesia, in which the banks' loan supply is negatively and significantly influenced by monetary policy. The banks' specific variables such as bank liquidity and bank capital ratio are statistically significant and negatively correlated, while asset size is significant and positively correlated with the banks' loan supply.

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