ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI JUMLAH UANG BEREDAR (M2) DI INDONESIA

ABSTRACT Kiki Amirullah 8105091560. Analysis Factors that Affecting the Money Supply (M2) in Indonesia in 2005 - 2012. Concentration of Economic and Cooperative Education, Economic Studies Program, Department of Economics and Administration, Faculty of Economics, State University of Jakarta, in July 2013. The study was conducted to obtain the proper knowledge and analyze the effect of base money and national income of the broad money supply (M2) in Indonesia. This study uses exposed facto research methods with correlational approach. Data collection used to study economic reporting and documentation of economic and financial statistics from Bank Indonesia and the Central Bureau of Statistics. Types of data used are secondary data real M2, base money rill, and Gross Domestic Product at constant 2000 prices in Indonesia. Each one is based on time series data is retrieved (time series) with a range of quarterly from the first quarter of 2005 until the second quarter of 2012. Method of data analysis used multiple regression equation with double log model. From the results of hypothesis testing and analysis research found that (a) There is a positive and significant effect of base money on the M2. M2 changes due to changes in base money is inelastic. (b) There is a positive and significant effect of Gross Domestic Product on M2. M2 changes due to changes in Gross Domestic Product is inelastic. (c) Base money and national income simultaneously significant effect on M2. Keywords: base money, national income, money supply, broad money supply (M2