April 2011.Ĭambazoğlu, Birgül & Karaalp, H. 2007/08 (Working Paper 13897, National Bureau Of Economic Research 1050 Massachusetts Avenue Cambridge, Ma 02138, March 2008)Ĭamargo, Alejandro Islas & Cortez, Willy Walter (2011), How Relevant is Monetary Policy to Explain Mexican Unemployment Fluctuations, MPRA Paper No. 1 (2014): 1-32īlanchard, Olivier & Galí, Jordi (2008), A New Keynesian Model With Unemployment, Center For Financial Studies No. 201304, Center For Economics And Development Studies, Department Of Economics, Padjadjaran University.Īscarya, Heni Hasanah, Noer Azam Achsan (2008), Perilaku Permintaan Uang Dalam Sistem Moneter Ganda Di Indonesia, Buletin Ekonomi Moneter Dan Perbankan, Juli 2008Īscarya (2014), Monetary Policy Transmission Mechanism Under Dual Financial System In Indonesia Interest-Profit Channel, International Journal Of Economics, Management And Accounting 22, No. Purnagunawan &Budy P Resosudarmo, Growth, Poverty, And Labor Market Rigidity In Indonesia, A General Equilibrium Investigation, Working Paper In Economics And Development Studies, No. 17, June 2007 Department of Economics Working paper Uppsala UniversityĪrief A. 7 July 2012.Īlexius, Annika and Holmlund, Bertil (2007), Monetary Policy and Swedish Unemployment Fluctuations, Working Paper No. Keywords: Finance, credit, monetary policy, economic growth, minimum wageĪbaidoo, Rexford (2012), Corporate Profit Growth and Variability in US Unemployment Rate, International Journal of Economics and Finance Vol. Monetary policy instruments, the number of workers, minimum wage policy and economic growth is another factor which contributed to the circumstances of the unemployed in Indonesia. The role of Islamic banking in lowering the unemployment rate is lower than with conventional banking. The findings in this study is Islamic banking has not contributed to the decline in the unemployment rate. The study was conducted using explanatory method, applying simultaneous regression estimation techniques with Two Stage Least Square method (TSLS) using data from the period 1992-2012. The main objective of this study is to analyze the role of Islamic banking to the improvement of people's welfare as measured by a decrease in the unemployment rate in Indonesia.
Islamic banking is not just a contribution to economic growth but also contribute to the problems of employment creation and the growth of unemployment. Abstract: Islamic banking is present in the banking industry, as a means of conducting transactions and is expected to contribute more broadly in the context of development.
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