| dc.description.abstract | Dannia Andasari Ardin (2007), "An Analysis of Factors Affecting the Growth of the Amount of 1 - month Time Deposit in Indonesia : 2003:2 - 2005: 12". Faculty of Economics, Developmental Economics Studies, International Program, Islamic University of Indonesia, Yogyakarta.
An economic development needs big amount of funds from inside or outside the country. To achieve such independent economic development, Indonesia does the effort to increase public funds, through savings, deposits, and stock markets. One of them is time deposit as the source of investment device. Since the bank regulation 1983, collecting funds through time deposit became more desired by society. From the point of view of society in this case are portfolio market investors, there are many kinds of portfolio assets that can be chosen, those are bank's financial asset, stock markets asset, and foreign exchange markets financial asset. The relationship between assets of three market are substitutable one another. For the research, the researcher focused on 1 -month time deposit.
This thesis aims analyzing factors affecting the growth of 1 - month time deposit in Indonesia, for the period of February 2003 until December 2005. Factors chosen are the growth of 1 - month Rupiah time deposit interest rate, the growth of 1
- month Dollar time deposit interest rate, the growth of IHSG, the growth of exchange rate Rupiah/Dollar, and the situation affecting the rate of Rupiah depreciation (Dummy). The data being used in this research are in form of the rate of growth naturally the data of those variables have non - stationary problems. Those factors are hypothesized as having positive relationship with the growth of 1 - month time deposit.
The result shows that three of hypotheses are proven and the others are not proven. The factors which are proven to have relationship are the growth of 1 - month Rupiah time deposit interest rate, the growth of IHSG, and the situation affecting the rate of Rupiah depreciation (Dummy). The growth of 1 - month Dollar time deposit interest rate and the growth of exchange rate Rupiah/Dollar are having no impacts on the growth of 1 -month time deposit.
This result suggest that investor in Indonesia portfolio markets have not utilize the substitutability between The growth of 1 - month Dollar time deposit interest rate and the growth of exchange rate Rupiah/Dollar, the nearly choose on the substitutability of the growth 1 - month Rupiah time deposit interest rate, the growth of stock price indexes I IHSG, and the situation affecting the rate of Rupiah depreciation (Dummy), important decision factors in terms of 1 -month time deposit. | en_US |
