Analysis of Rupiah or Yen With Hooper Morton Exchange Determination Model Approach

摘要

Our study aims to analyze the behavior of the Rupiah / Yen exchange rate using the Hooper-Morton model approach. The method used is ARDL during 2000: 1-2017: 4. The estimation results show that the factors that influence have a significant relationship to the exchange rate of IDR / Yen both short and long term. In the short terms M2 growth variable, the difference in economic growth has a significant and negative influence on the exchange rate of Rp. Yen. In the long-term variable interest rates have a significant and negative effect on the exchange rate of Rp / Yen, the inflation difference variable, the difference in the trade balance growth has a significant and positive effect on the exchange rate of Rp/Yen.