Analysis Factors that Influence the Money Demand in Indonesia

摘要

This study aims to determine the effect of inflation, interest rates, and economic growth variable on money demand in Indonesia from in years 2005-2018. The data used in this study are secondary data obtained from the Indonesian statistical reports. This study uses multiple linear regression with the Ordinary Least Squares method. The results of this study indicate that the inflation variable has a positive and not significant effect on money demand. The interest rate variable has a negative and significant effect on money demand and the variable of economic growth has a negative and significant influence on the money demand in Indonesia.