Memantau Risiko Makro – Finansial di dalam Perekonomian Indonesia
DOI:
https://doi.org/10.31685/kek.v2i2.302Keywords:
Stabilitas sistem keuangan, Ms Muffet, risiko dan kondisi makro-finansialAbstract
Abstract
Tulisan ini mengaplikasikan model MCM Spidergram: Macro Financial Environment Tool (Ms Muffet) yang dikembangkan oleh IMF sebagai alat analisis dan penilaian risiko dan kondisi makro-finansial yang berdampak pada stabilitas sistem keuangan di Indonesia. Model ini dibentuk dari 68 indikator yang digabungkan menjadi 6 indeks gabungan yang merefleksikan 4 risiko dan 2 kondisi makro-finansial. Hasil model dapat menunjukkan performa yang cukup baik dalam memberikan sinyal risiko instabilitas sistem keuangan di Indonesia selama periode 2015-2016. Berdasarkan hal ini, model Ms Muffet ini dapat melengkapi berbagai alat analisis yang digunakan untuk mengukur stabilitas sistem keuangan di Indonesia yang sudah ada. Model ini juga mampu mengatasi sejumlah kekurangan dari model-model pengukuran stabilitas sistem keuangan sebelumnya.
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