Determinasi Permintaan Uang di Indonesia

Abstract

The purpose of this research is done than to analyze several factors that affect the demand for money in Indonesia. The aim to figure out how big the influence of real national income, interest rates in the country, a request for money marked with the amount of money circulating in the narrow sense of the M1. Model analysis of observations that are used in this research is the OLS (Ordinary Least Square), overall testing is done with linear constraint test and the assumptions of classical statistics test. In the model, the real national income variables I real gross domestic product (real GDP), domestic interest rates. The results obtained from this research is that the real national income (real GDP) has a positive and significant influence against the money demand in Indonesia, and to variable interest rate in the country has a negative influence and significantly to money demand in Indonesia, the results in accordance with the theories of Keynes, that revenue will increase if the cash balance increased, and if interest rates rise then money demand for balance cash will decrease.