Global Financial Cycle Transmission to Indonesian Commercial Bank Balance Sheets: Bank-Level Panel Evidence, 2002–2025
Ahmad Fatikhul Khasan
HAMPARAN Institute, Jember, Indonesia · ORCID: 0000-0003-0209-834X
This page collects the seven figures referenced in the working paper at full resolution.
The full manuscript—including tables, regression output, and references—is available
as a Word document and as a PDF below.
Figure 1.Master estimation panel — overview, descriptives and headline correlations.Figure 2.Aggregate and cross-sectional balance-sheet dynamics of Indonesian commercial banks (BUK), 2002–2025.Figure 3.Capital adequacy and credit quality of Indonesian BUK, 2002–2025.Figure 4.Cross-sectional distribution of foreign-currency exposure across BUK, 2002–2025.Figure 5.Global risk-off indicators and the composite global financial cycle factor, 2002Q1–2025Q4.Figure 6.Heterogeneous GFC transmission to Indonesian BUK balance sheets, h = 2.Figure 7.Robustness of the baseline GFC transmission coefficient on Δ log credit at h = 3.