ANALISIS PENGARUH INKLUSI KEUANGAN TERHADAP STABILITAS SISTEM KEUANGAN DI NEGARA BERKEMBANG KAWASAN ASIA TENGGARA

ERNI AWANTI

= http://dx.doi.org/10.20473/jiet.v2i2.6080
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Abstract


This research aims to analyze the impact of financial inclusion toward financial system stability and its determinants in south east asian countries within period of 2007-2015. Multidimensional index of financial inclusion (IFI) used to analyze financial inclusion index and panel data regression with Fixed Effect Model (FEM) used to analyze the impact between variables. The result of estimation using IFI shows that Malaysia has the highest financial inclusion index and estimation using FEM shows that financial inclusion variable has negative and not significant  impact in financial system stability. Other variable which has positive and significant impact to financial system stability are GDP percapita, private credit ratio, and liquidity asset ratio. Otherwise, financial openess index has negative and significant impact to financial system stability.

Keywords


Financial Inclusion Index, Financial System Stability, Multidimensional Effect Model, Fixed Effect Model

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