文章基本信息

标题：THE RESILIENCE OF THE INDONESIAN BANKING SYSTEM AND MACROECONOMIC FLUCTUATION: ISLAMIC VERSUS CONVENTIONAL BANKING
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作者：Muh. Rudi Nugroho ; Ahmad Syakir Kurnia ; Abdul Qoyum 等
期刊名称：Journal of Islamic Monetary Economics and Finance
印刷版ISSN：2460-6146
电子版ISSN：2460-6618
出版年度：2020
卷号：6
期号：2
页码：419-438
DOI：10.21098/jimf.v6i2.1135
语种：English
出版社：Bank Indonesia
摘要：This study aims to analyse the challenges to the dual banking system during times of macroeconomic fluctuation. Using the default probability mapping method and macroeconomic stress testing,we measure the stability of the financial system by credit calculation. In addition,by using the stress test method,we are able to find information regarding the characteristics of the financial system in periods of crisis and its financially-related assistance in the financial system. If the financial system can detect it early,the government can take preventative measures to minimise the consequences. The results of the study show that Islamic banking has a higher default probability than conventional banking. It can therefore be concluded that the current stability of Islamic banking is no better than that of conventional banking. Our findings suggest that inflation is only a macroeconomic variable,which has a high level of sensitivity to the default probability of banks. Moreover,Islamic and conventional banking have different responses to the sensitivity of inflationary interventions.
关键词：Probability of default;Macro-economic stress testing;Islamic financial stability;Inclusive and sustainable growth