Mawardi, Imron; Al Mustofa, Muhammad Ubaidillah; … - In: Cogent economics & finance 11 (2023) 1, pp. 1-21
The study examines the stability of Indonesian Islamic Commercial Bank (ICB) and Islamic Rural Bank (IRB) by employing a Markov Switching Dynamic model of two regimes, stable (tranquil) and unstable (crisis). This study utilizes monthly data between December 2007 and April 2022. Findings show...