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PENENTUAN NILAI TUKAR MATA UANG ASING DENGAN MENERAPKAN KONSEP PARITAS DAYA BELI

Journal of Management and Entrepreneurship

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Title PENENTUAN NILAI TUKAR MATA UANG ASING DENGAN MENERAPKAN KONSEP PARITAS DAYA BELI
 
Creator Haryanto, Ivan; Alumnus, Faculty of Economics, Petra Christian University
Sutrisno, Wang; Faculty of Economics, Petra Christian University
Wibisono, Diana; Alumnus, Faculty of Economics, Petra Christian University
 
Subject purchasing power parity, currency, foreign exchange rate
 
Description The concept of relative purchasing power parity is applied to evaluate the exchange rates for currencies such as: the German Mark, Japanese Yen, British Poundsterling, French Franc, Swedish Krona, Italian Lira, and the Canadian Dollar against the USA dollar. Another objective of the study is to evaluate the sensitivity of consumer price indices to exchange rates for each country as well as to test for differences between atual exchange rates and their PPP predicted rates.
The results show that in the long-run, actual exchange rates continually move toward the purchasing power predicted rates. On the other hand, in the short-run, the actual and parity exchange rates often experience disequilibrium. It was also found that positive changes in society's purchasing power caused positive changes in the actual exchange rates in every country except Japan.


Abstract in Bahasa Indonesia :

Konsep paritas daya beli relatif diterapkan untuk mengukur nilai tukar mata uang beberapa negara yaitu - Mark Jerman, Yen Jepang, Poundsterling Inggris, Franc Perancis, Krona Swedia, Lira Italia dan Dolar Kanada, terhadap Dolar Amerika. Selain itu, penelitian ini bertujuan melihat sensitivitas perubahan indeks harga konsumen terhadap perubahan nilai tukar mata uang tiap negara terhadap Dolar Amerika serta menguji apakah terdapat perbedaan secara signifikan antara nilai tukar aktual dengan nilai tukar berdasarkan konsep paritas daya belinya.
Hasil penelitian ini menunjukkan bahwa dalam jangka panjang, nilai tukar aktual akan bergerak kembali mendekati nilai tukar paritas daya belinya. Sebaliknya dalam jangka pendek, nilai tukar aktual dan nilai tukar paritas daya belinya seringkali mengalami disekuilibrium. Ditemukan juga bahwa setiap perubahan positif daya beli masyarakat menyebabkan adanya perubahan positif nilai tukar aktual mata uang setiap negara, kecuali negara Jepang.

Kata kunci: paritas daya beli, mata uang, kurs valuta asing
 
Publisher Institute of Research and Community Outreach - Petra Christian University
 
Date 2004-06-04
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier http://jurnalmanajemen.petra.ac.id/index.php/man/article/view/15600
10.9744/jmk.2.2.pp. 14-28
 
Source Jurnal Manajemen dan Kewirausahaan; Vol 2, No 2 (2000): SEPTEMBER 2000; pp. 14-28
 
Language eng
 
Relation http://jurnalmanajemen.petra.ac.id/index.php/man/article/view/15600/15592
 
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