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R Safiroh Febrina
University of Brawijaya
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#1R Safiroh Febrina (UB: University of Brawijaya)
#2Sumiati Sumiati (UB: University of Brawijaya)H-Index: 1
Last.Kusuma Ratnawati (UB: University of Brawijaya)H-Index: 1
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Abstract : This study aimed to analyze the effect of macroeconomic variables and foreign stock price on Jakarta Composite Index (JCI) in Indonesia Stock Exchange covering the data period from January 2008 to December 2015. The methodology applied initially used the standard time series techniques, Vector Autoregression (VAR). The result showed that JCI are influenced with the selected macroeconomic and foreign stock price. Increasing in industrial production index and inflation will increase JCI...
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