E3S Web Conf.
Volume 426, 2023The 5th International Conference of Biospheric Harmony Advanced Research (ICOBAR 2023)
|Number of page(s)||9|
|Section||Innovative Management and Sustainable Society|
|Published online||15 September 2023|
The U.S. Quantitative Easing Policy During the COVID-19 Pandemic and Its Influence on the Growing Number of Indonesian Retail Investors
International Relations Department, Faculty of Humanities, Bina Nusantara University, Jakarta, Indonesia 11480
* Corresponding author: email@example.com
This research aims to determine whether the quantitative easing policy issued by the United States government to boost the United States economy during the Covid-19 pandemic has impacted stock price volatility on the Indonesia Stock Exchange (IDX), which resulted in the increasing number of individuals (retail) investors on the Indonesia Stock Exchange increased. The quantitative easing policy taken by the United States government in 2020 to ease the economic burden during the COVID-19 pandemic made JCI volatility high, eventually affecting individual (retail) investors seeking opportunities in the high volatility of the Indonesian capital market. This research examines using the theory of Financial Structure power by Susan Strange and used publicly available data as secondary data and primary data taken through observations of the Indonesian stock market or JCI and interviews with experts to find whether the U.S. quantitative easing policy had an influence on the growing number of new retail investors in Indonesia during the COVID-19 pandemic. This research discovered that the U.S. quantitative easing policy had indirect influence on the growing number of new retail investors in Indonesia during the COVID-19 pandemic. For future research, economic standpoints and theories are needed to get better analysis for this topic.
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Current usage metrics show cumulative count of Article Views (full-text article views including HTML views, PDF and ePub downloads, according to the available data) and Abstracts Views on Vision4Press platform.
Data correspond to usage on the plateform after 2015. The current usage metrics is available 48-96 hours after online publication and is updated daily on week days.
Initial download of the metrics may take a while.