Authors :
Andi Hermanto; Marsuki; Anas Iswanto Anwar
Volume/Issue :
Volume 8 - 2023, Issue 1 - January
Google Scholar :
https://bit.ly/3IIfn9N
Scribd :
https://bit.ly/3YRb2cF
DOI :
https://doi.org/10.5281/zenodo.7643241
Abstract :
The results of the tests conducted, it is known
that the LQ45 index data is long, the research period
from 1999 to 2021 all data has data which is stationary,
and high volatility. Inflation did not have a direct effect
on the LQ45 index during the period research from 1999
to 2021. The exchange rate does not directly affect the
LQ45 index during the period research from 1999 to
2021. The Fed Rate has a direct effect on the LQ45 index
during the period research from 1999 to 2021. The DJIA
index has a direct effect on the LQ45 index during the
period research from 1999 to 2021. The LQ45 index has
a direct effect on economic growth during research
period from 1999 to 2021. Inflation has a direct effect on
economic growth m and not influence indirectly through
the LQ45 Index during the study period from 1999 to
2021. The exchange rate has a direct effect on economic
growth and not influence indirectly through the LQ45
Index during the study period from 1999 to 2021. The
Fed Rate has no direct effect on economic growth and
influence indirectly through the LQ45 Index during the
study period from 1999 to 2021.The DJIA index has a
direct and indirect effect on growth economy through
the LQ45 Index during the study period from 1999 to
with 2021.
Keywords :
Volatility; Factors Influence; Economic Growth
The results of the tests conducted, it is known
that the LQ45 index data is long, the research period
from 1999 to 2021 all data has data which is stationary,
and high volatility. Inflation did not have a direct effect
on the LQ45 index during the period research from 1999
to 2021. The exchange rate does not directly affect the
LQ45 index during the period research from 1999 to
2021. The Fed Rate has a direct effect on the LQ45 index
during the period research from 1999 to 2021. The DJIA
index has a direct effect on the LQ45 index during the
period research from 1999 to 2021. The LQ45 index has
a direct effect on economic growth during research
period from 1999 to 2021. Inflation has a direct effect on
economic growth m and not influence indirectly through
the LQ45 Index during the study period from 1999 to
2021. The exchange rate has a direct effect on economic
growth and not influence indirectly through the LQ45
Index during the study period from 1999 to 2021. The
Fed Rate has no direct effect on economic growth and
influence indirectly through the LQ45 Index during the
study period from 1999 to 2021.The DJIA index has a
direct and indirect effect on growth economy through
the LQ45 Index during the study period from 1999 to
with 2021.
Keywords :
Volatility; Factors Influence; Economic Growth
