Stability Analysis of Finance System Model with Information Effect

Authors

  • Vivi Aida Fitria Institut Teknologi dan Bisnis Asia Malang
  • Yudistira Arya Sapoetra Institut Teknologi dan Bisnis Asia Malang

DOI:

https://doi.org/10.15642/mantik.2020.6.1.13-19

Keywords:

Stability Analysis, Finance System, Information

Abstract

Indonesia's participation in investing in the capital market is still very low, one of the causes is the lack of information. So this study discusses the analysis of stability in the financial system if influenced by information. We find that the model has two equilibrium point, that are point without interest rates and the price index of financial instruments and then the existing point of interest rates, the level of investment demand, price indexes and the influence of control input the information. The results of the local stability analysis of the equilibrium points are stable with certain conditions. The analytical result are confirmed by numerical simulations.

Downloads

Download data is not yet available.

References

A. Aram, “Dynamic Behavior of a Nonlinear Macro-financial System,” York University, 2014.

A. D. Saputri, H. Hariyanto, and M. S. Winarko, “Analisis Bifurkasi Hopf Pada Sistem Keuangan Dengan Kontrol Input,” J. Sains dan Seni ITS, vol. 7, no. 2, 2018, doi: 10.12962/j23373520.v7i2.30171.

G. S. Djojohadikusumo, “Indonesian National Strategy for Financial Literacy,” no. 2, Jakarta: Financial Services Authority of the Republic of Indonesia, 2013.

F. Muklis, “Perkembangan dan Tantangan Pasar Modal Indonesia,” J. Lemb. Keuang. dan Perbank., vol. 1, no. 1, 2016.

I. Yuliana, Investasi Produk Keuangan Syariah. Malang: Uin-Maliki Press, 2010.

Novi Yushita Amanita, “Pentingnya Literasi Keuangan Bagi Pengelolaan Keungan Pribadi,” J. Nominal, vol. VI, p. 11, 2017.

D. Saputra, “Pengaruh Manfaat, Modal, Motivasi dan Edukasi Terhadap Minat Dalam Berinvestasi di Pasar Modal,” Futur. J. Manaj. dan Akunt., vol. 5, no. 2, p. 178 _ 190, 2018.

V. W. Sujarweni, Metodeologi Penelitian. Yogyakarta: Pustaka Baru Perss, 2014.

Subiono, “Sistem Linear dan Kontrol Optimal,” in 1, Surabaya: Institut Teknologi Sepuluh Nopember, 2013.

A. Kumar, P. K.Srivastava, and Y. Takeuchi, “Modeling the role of information and limited optimal treatment on disease prevalence,” J. Theor. Biol., vol. 414, pp. 103–119, 2017.

R. W. Wilda and M. A. Imron, “Sensitivity and Stability Analysis of a SEIR Epidemic Model with Information,” vol. 9, no. 1, pp. 47–53, 2019.

J. R. Chasnov, Mathematical Biology. Hongkong: University of Science and Technology, 2009.

W. . Kelley and A.C.Peterson, The Theory of Differential Equations: Classical and Qualitative. New York: Springer, 2010.

J. D. Murray, Mathematical Biology I: An Introduction Third Edition. Verlag Berlin Heidelberg: Springer, 2002.

L. K. Merawati and I. P. M. J. S. Putra, “Kemampuan Pelatihan Pasar Modal Memoderasi Pengaruh Pengetahuan Investasi dan Penghasilan pada Minat Berinvestasi Mahasiswa,” J. Ilm. Akunt. dan Bisnis, vol. 10, no. 2, pp. 105–118, 2015.

Downloads

Published

2020-05-30

How to Cite

Fitria, V. A., & Sapoetra, Y. A. . (2020). Stability Analysis of Finance System Model with Information Effect. Jurnal Matematika MANTIK, 6(1), 13–19. https://doi.org/10.15642/mantik.2020.6.1.13-19