Unemployment and inflation are two macroeconomic problems that have a trade-off, this means that the relationship between inflation and unemployment is negative and the relationship is also called the Phillips curve. The increase in the minimum wage is one of the causes of inflation and unemployment. This study aims to determine the relationship between minimum wage and inflation, the relationship between minimum wage and unemployment, the relationship between inflation and unemployment. This study uses panel data from 38 regions with the period 2010-2019 in East Java-Indonesia. Data is collected from the Central Bureau of Statistics of East Java. Data were analyzed with the Amos. The results showed that the real minimum wage had a negative and significant effect on inflation. Real minimum wages have a positive and significant effect on unemployment. Inflation has a positive and significant effect on unemployment. There is no trade-off between inflation and unemployment, this study does not support the Phillips curve. The real minimum wage has a direct negative effect on inflation, inflation has a positive effect on unemployment, thus causing the real minimum wage to have a negative effect indirectly on unemployment. The relationship between inflation and unemployment shows that higher inflation tends to lead to higher unemployment. The determination coefficient for inflation was 5.5 percent and the determination coefficient for unemployment was 2.3 percent.
This study discusses corporate finance in order to enlarge the company's capacity. There are two ways to finance this, namely by issuing debt securities and by selling someshares to other parties or to the general public. Data is taken from 24 shipping companiesthat provide transportation services listed on the Indonesia Stock Exchange through RTIBusiness in the form of liabilities, equity, DER, ROA and ROE. To analyze the data used descriptive analysis and correlation analysis techniques. Although the correlation between DER and ROA gives positive results, it does not provide information on whichstocks are suitable for investors to choose in investing. When viewed from the value ofROE, investors can choose companies that have ROE above 15% and a positive DERvalue. In the research there are two shipping companies that have ROE above 15%,namely HITS and TCPI. In choosing a source of corporate funding, management must becareful. Debt that is too large compared to the ability to pay together with the interest isvery burdensome for the company. This can reduce the value of assets and inhibit theincrease in company equity. If a company has very stable cash flow, it can use more debt than companies inrisky industries or very small companies that are just starting to operate. New businesseswith high uncertainties may have difficulty obtaining debt financing and better financetheir operations mostly through equity.Keyword: debt, equity, DER, ROA, ROE.
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