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