Pengaruh E-Money, Tingkat Suku Bunga dan Inflasi Terhadap Jumlah Uang Beredar di Indonesia Tahun 2012 - 2024
DOI:
https://doi.org/10.61231/7ayv2021Keywords:
E-Money, Suku Bunga, Inflasi, Jumlah Uang BeredarAbstract
This study aims to analyze the influence of E-Money, interest rates, and inflation on the money supply in Indonesia during the 2012–2024 period. Managing the money supply plays a crucial role in maintaining macroeconomic stability, especially amidst the rapid innovation of digital payment technologies. The data used in this study are secondary annual time series data sourced from Bank Indonesia and the Indonesian Central Bureau of Statistics (BPS). The analytical method employed is multiple linear regression using SPSS software. The partial results (t-test) show that E-Money has a positive and significant effect on the money supply. Conversely, the interest rate has a negative and significant effect, while inflation also demonstrates a negative and significant influence on the money supply in Indonesia. Simultaneously (F-test), the three independent variables—E-Money, interest rate, and inflation—significantly influence the money supply. The coefficient of determination (R Square) value is 0.908, indicating that 90.8% of the variation in the money supply can be explained by the variables in this research model, while the remaining 9.2% is explained by other factors outside the model.
References
Amry, A. D., Aidil Putra, R., M Hafis Jakala, Sherly Bintani Awaliyah, Futri, N. A., & Putri, A. (2023). Pengaruh Nilai Transaksi Pembayaran Non Tunai (E-Money) Dan Pertumbuhan Ekonomi Terhadap Peredaran Uang Tunai Di Indonesia Dalam Prespektif Ekonomi Islam. Maro: Jurnal Ekonomi Syariah Dan Bisnis, 6(2), 210–219. https://doi.org/10.31949/maro.v6i2.5582
Azzahra, R. Y. (2021). Pengaruh E-Money, Tingkat Suku Bunga Acuan Bank Indonesia, Dan Inflasi Terhadap Jumlah Uang Beredar Di Indonesia. In Jurnal Ilmu Pendidikan (Vol. 7, Issue 2).
Capah, N. F. (2020). Pengaruh Inflasi, Tingkat Suku Bunga, dan E-Money Terhadap Jumlah Uang Beredar di Indonesia periode 2013-2019. Fakultas Ekonomi Dan Bisnis Islam, UISU, 15(2), 1–112.
Farichah, S. A. (2022). Analisis Inflasi Di Indonesia: Pendekatan Autoregressive Distributed Lag (Ardl) Inflation Analysis In Dindonesia: Autoregressive Distributed Lag (Ardl) Approach. JCI Jurnal Cakrawala Ilmiah, 1(8.5.2017), 2003–2005. https://doi.org/10.53625/jcijurnalcakrawalailmiah.v1i10.2577
Mccallum, B. T., & Nelson, E. (2010). Finance and Economics Discussion Series Divisions of Research & Statistics and Monetary Affairs Federal Reserve Board , Washington , D . C . Money and Inflation : Some Critical Issues. Journal of Monetary Economics, 3(1), 1–74. https://doi.org/10.17016/FEDS.2015.047
Muna, L. N. A. (2020). PENGARUH E-MONEY TERHADAP JUMLAH UANG BEREDAR DAN VELOCITY OF MONEY DENGAN INFLASI SEBAGAI VARIABEL MODERASI. In FAKULTAS EKONOMI UNIVERSITAS ISLAM NEGERI (UIN) MAULANA MALIK IBRAHIM MALANG. UNIVERSITAS ISLAM NEGERI (UIN) MAULANA MALIK IBRAHIM MALANG.
Nur, T., & Panggabean, R. R. (2021). Factors Influencing the Adoption of Mobile Payment Method among Generation Z: the Extended UTAUT Approach. Journal of Accounting Research, Organization and Economics, 4(1), 14–28. https://doi.org/10.24815/jaroe.v4i1.19644
Qi, M. (2023). The Impact of E-money on China ’ s Money Supply. International Conference on Digital Economy and Management Science (CDEMS), 170(01003), 1–4. https://doi.org/10.1051/shsconf/202317001003
Saharuddin, D., & Rama, A. (2017). Currency System and Its Impact on Economic Stability. Al-Iqtishad: Journal of Islamic Economics, 9(2), 289–310. https://doi.org/10.15408/aiq.v9i2.4749
Su, C. (2023). Research on the Impact of Monetary Policy on the Economic Cycle and Its Control Strategies. Proceedings of the 2023 2nd International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2023), Esfct 2023, 461–466. https://doi.org/10.2991/978-94-6463-268-2_51
Utami, F. (2023). SKRIPSI OLEH : FUJI UTAMI PROGRAM STUDI MANAJEMEN PENGARUH INFLASI , TINGKAT SUKU BUNGA , DAN E-MONEY TERHADAP JUMLAH UANG Diajukan sebagai Salah Satu Syarat untuk Memperoleh Gelar Sarjana di Fakult. In Universitas Medan Area. UNIVERSITAS MEDAN AREA MEDAN.
Downloads
Published
Issue
Section
License
Copyright (c) 2026 Meidina Indriani, Milla Naeruz, Faty Rahmarisa
This work is licensed under a Creative Commons Attribution 4.0 International License.
You are free to:
- Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.
- The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
- Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
Notices:
You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .
No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.
