IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/109926.html
   My bibliography  Save this paper

Pandemi Covid-19: Implikasinya terhadap Permintaan Uang dan Instrumen Pembayaran Lainnya
[Covid-19 Pandemic: Implications on Demand for Money and Other Payment Instruments]

Author

Listed:
  • Nizar, Muhammad Afdi

Abstract

This paper tries to analyze how the Covid-19 pandemic and economic conditions affect the demand for money and other payment instruments. By utilizing data/information in the period before the Covid-19 pandemic and during the outbreak of the Covid-19 pandemic, the analysis was carried out using a descriptive-elaborative approach. The results show that the decline in economic activity due to the impact of Covid-19 has also had an impact on the decline in public demand for cash. As an alternative and at the same time as part of efforts to break the chain of the spread of Covid and accelerate economic recovery, the government and Bank Indonesia encourage the public to use non-cash payment instruments. The use of non-cash instruments, especially digital banking, also helps accelerate an inclusive and efficient digital economy and financial ecosystem

Suggested Citation

  • Nizar, Muhammad Afdi, 2020. "Pandemi Covid-19: Implikasinya terhadap Permintaan Uang dan Instrumen Pembayaran Lainnya [Covid-19 Pandemic: Implications on Demand for Money and Other Payment Instruments]," MPRA Paper 109926, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:109926
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/109926/1/MPRA_paper_109926.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    consumption; Covid-19; demand for money; digital banking; electronic money; money supply;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General
    • E41 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Demand for Money
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:109926. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.