...Novi Maryaningsih; Solikin M. Juhro Purpose The paper aims to examine the implications of central bank digital currency (CBDC) for the Indonesian macroeconomics. It proposed simulation modeling and outlining feasibility of CBDC for the financial inclusion tool. The purpose of the study...

...Idris A. Adediran; Abdulfatai Salawudeen; Syed Nasir Ashraf Sabzwari Purpose This paper aims to make the first attempt to study the transmission of COVID-19 pandemic-induced shocks to the global Islamic stock markets in the midst of the overall macroeconomic environment and cross-country trade...

... This paper models the macroeconomics of the JES with linear equations and conducts a series of simulations to identify its outputs. Based on the closed economy assumption, this paper describes the production function with a government share, defines a charitable foundation sector, exclude the speculation...