Open AccessDeterminants Factors of Interest Rates on Three-Month Deposits of Bank Persero
Author(s) -
Tedy Kurniawan,
Sucihatiningsih Dian Wisika Prajanti
Publication year - 2017
Publication title -
jejak (jurnal ekonomi dan kebijakan)/jejak
Language(s) - English
Resource type - Journals
eISSN - 2460-5123
pISSN - 1979-715X
DOI - 10.15294/jejak.v10i1.9129
Subject(s) - term (time) , inflation (cosmology) , interest rate , exchange rate , money supply , monetary economics , economics , inflation rate , econometrics , physics , quantum mechanics , theoretical physics
This research aims at analyzing the influence of Capital Adequacy Ratio (CAR), Operating Expenses of Operating Income (BOPO), inflation, exchange rate, and the amount of money supply (M1) to the interest rate of three month deposits of the State-Owned Bank in Indonesia in 2007-2015. This research uses the error correction model analysis. The result obtained is the CAR that has a significant effect on the long term and has no effect on the short term, BOPO has a significant influence on the long term and short term, inflation has the significant effect on the long term and has no effect on the short term, the exchange rate has an influence on the short and long term, the money supply has no effects on the short and long-term on the interest rate on three month deposits of the State-Owned Bank.