| dc.contributor.author | WIRANATAKUSUMA, DIMAS BAGUS | |
| dc.contributor.author | DUASA, JARITA | |
| dc.date.accessioned | 2017-08-31T09:11:04Z | |
| dc.date.available | 2017-08-31T09:11:04Z | |
| dc.date.issued | 2017-01-01 | |
| dc.identifier.issn | 2087135X | |
| dc.identifier.uri | http://repository.umy.ac.id/handle/123456789/14180 | |
| dc.description.abstract | An early warning system (EWS) is widely used as surveillance
mechanism for preserving financial system stability. This paper addresses the issue of
namely which macroeconomic indicators that are capable of signaling adverse shocks
towards the resilience of Islamic banking in Indonesia. This research uses an extraction
signal approach as EWS mechanism. The results suggest that there are several indicators
that (1) IBRI, which is composed from standardized deposit and financing, is able to
figure out the resilience of Islamic banking. The resilience of Islamic banking was
considered stable since the index was moving below the normal line during the global
financial crises, and (2) Some selected macro financial indicators, M2/reserve (M2res),
credit growth (CG), real effective exchange rate (REER), and inflation rate (INF)
empirically show low noise to signal ratio. It means that these four variables are capable
of signaling vulnerabilities due to adverse external shocks. The paper recommends that
the resilience of Islamic banking needs to be supported by the resilience in the real sector. | en_US |
| dc.description.sponsorship | Mandiri | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | UIN Syarif Hidayatullah Jakarta | en_US |
| dc.subject | Early Warning system, resilience of Islamic Banbking, extraction signal approach | en_US |
| dc.title | BUILDING AN EARLY WARNING TOWARDS THE RESILIENCE OF ISLAMIC BANKING IN INDONESIA | en_US |
| dc.type | Working Paper | en_US |
