Interaksi Faktor Penentu Harga Emas Di Pasar Derivatif : Analisis Vector Error Correction Model / Debby Karolina

Karolina, Debby (2017) Interaksi Faktor Penentu Harga Emas Di Pasar Derivatif : Analisis Vector Error Correction Model / Debby Karolina. Skripsi thesis, Universitas Tarumanagara.

[img] Text
Debby Karolina 115130001 Abstrak.pdf

Download (625kB)

Abstract

This paper aim to find macroeconomy factor that influenced gold price in derivative market, using monthly data from Jan 2001 to Jun 2016 and Vector error correction model found that there is cointegration inflation are positive and significant influenced gold price, Dollar Index, and crude oil are significant and negative, Dow Jones Index are insignificant and negatively related to gold price, and Intime of crisis, gold are safe haven asset. There is long run equilibrium are found and no short run relationship. Using Impulse Response and Variance Decomposition there found shock of Dollar Index and Dow Jones Index in short-term are have a bis response to gold price. In long-term crude oil price, inflation, and economic crisis have a big contribution to the gold price

Item Type: Thesis (Skripsi)
Subjects: Skripsi/Tugas Akhir
Skripsi/Tugas Akhir > Fakultas Ekonomi
Divisions: Fakultas Ekonomi > Manajemen
Depositing User: Puskom untar untar
Date Deposited: 02 Jul 2018 03:00
Last Modified: 28 May 2021 12:58
URI: http://repository.untar.ac.id/id/eprint/2345

Actions (login required)

View Item View Item