IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/97995.html
   My bibliography  Save this paper

Faktor Yang Mempengaruhi Rumah Tangga Untuk Mengakses Lembaga Keuangan Formal: Studi Kasus Susenas 2015
[Determinant Factor For Household To Access Formal Financial Institution: The Study Case Susenas 2015]

Author

Listed:
  • Ngasuko, Tri Achya

Abstract

The World Bank in 2014 reports only 36% of Indonesia's population has access to the formal financial institution. This number shows us the level of financial inclusion in Indonesia. There is still some task to do since Indonesian government has the goals 70% level of financial inclusion in 2019. A survey from BPS, namely Susenas 2015, has the brand new information about the profile of household saving which not available in the previous Susenas survey. This study is the first one which examines determinant factors that deter families from access to formal financial services, mainly saving based on Susenas 2015. The results of the study provide the household profile and identify determinant factors for households to access formal financial institution to make a saving account. By employs multinomial logit method, the probabilities for a household to obtain saving in the formal institution is affected by the demographic characteristics such as age, total family members, youth and old dependent member in the household. Education, employment, and field sector of head household, as well as credit status and location of the head of household as a determinant factor for the head of household to open saving account in the formal financial institution. The findings of this study are vital in providing policy recommendation to increase the level of financial inclusion in Indonesia.

Suggested Citation

  • Ngasuko, Tri Achya, 2018. "Faktor Yang Mempengaruhi Rumah Tangga Untuk Mengakses Lembaga Keuangan Formal: Studi Kasus Susenas 2015 [Determinant Factor For Household To Access Formal Financial Institution: The Study Case Suse," MPRA Paper 97995, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:97995
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/97995/1/MPRA_paper_97995.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Omer Moav and & Zvika Neeman, 2012. "Saving Rates and Poverty: The Role of Conspicuous Consumption and Human Capital," Economic Journal, Royal Economic Society, vol. 122(563), pages 933-956, September.
    2. Aaberge, Rolf & Liu, Kai & Zhu, Yu, 2017. "Political uncertainty and household savings," Journal of Comparative Economics, Elsevier, vol. 45(1), pages 154-170.
    3. World Bank, 2015. "The Little Data Book on Financial Inclusion 2015," World Bank Publications - Books, The World Bank Group, number 21636.
    4. Walker, Robert, 2014. "The Shame of Poverty," OUP Catalogue, Oxford University Press, number 9780199684823.
    5. World Bank, 2015. "The Little Data Book on Financial Development 2015/2016," World Bank Publications - Books, The World Bank Group, number 22553.
    6. World Bank, 2015. "The Little Data Book 2015," World Bank Publications - Books, The World Bank Group, number 21635.
    7. Gulnur MURADOGLU & Fatma TASKIN, 1996. "Differences In Household Savings Behavior: Evidence From Industrial And Developing Countries," The Developing Economies, Institute of Developing Economies, vol. 34(2), pages 138-153, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ngasuko, Tri Achya, 2018. "Peningkatan Keuangan Inklusif Melalui Program Keluarga Harapan [Increasing Financial Inclusion Through Indonesian Conditional Cash Transfer Programme (Program Keluarga Harapan)]," MPRA Paper 98335, University Library of Munich, Germany.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ngasuko, Tri Achya, 2018. "Tantangan Ekonomi di Era Digital [Economic Challenges in the Digital Era]," MPRA Paper 99538, University Library of Munich, Germany, revised 01 Apr 2018.
    2. Ngasuko, Tri Achya, 2016. "Peningkatan Keuangan Inklusif Melalui Bantuan Sosial Nontunai [Increasing Financial Inclusion Through Non-cash Social Assistance]," MPRA Paper 99134, University Library of Munich, Germany, revised 01 Oct 2016.
    3. Annick Pamen Nyola & Alain Sauviat & Amine Tarazi, 2022. "How does regulation affect the organizational form of foreign banks' presence in developing versus developed countries?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(2), pages 2367-2419, April.
    4. Muhammad Subtain Raza & Muhammad Fayyaz & Nida Syed, 2015. "Overview of Financial Inclusion in Pakistan," International Journal of Management Sciences, Research Academy of Social Sciences, vol. 6(12), pages 572-581.
    5. Annick Pamen Nyola & Alain Sauviat & Amine Tarazi, 2017. "How Does Regulation Affect the Organizational Form of Banks' Presence in Developing and Developed Countries?," Working Papers hal-01369658, HAL.
    6. Sibel Kusimba, 2018. "“It is easy for women to ask!†: Gender and digital finance in Kenya," Economic Anthropology, Wiley Blackwell, vol. 5(2), pages 247-260, June.
    7. Valentina Rotondi & Francesco C. Billari, 2022. "Mobile Money and School Participation: Evidence from Africa," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 41(1), pages 343-362, February.
    8. Valentina Rotondi & Francesco Billari, 2017. "Mobile Money and School Participation: Evidence from Low Income Countries," Working Papers 109, "Carlo F. Dondena" Centre for Research on Social Dynamics (DONDENA), Università Commerciale Luigi Bocconi.
    9. Pueyo, Ana, 2018. "What constrains renewable energy investment in Sub-Saharan Africa? A comparison of Kenya and Ghana," World Development, Elsevier, vol. 109(C), pages 85-100.
    10. Heather Taylor, 2016. "Enhancing financial inclusion in Asia and the Pacific," MPDD Policy Briefs PB44, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
    11. Ströh de Martínez, Christiane & Feddersen, Marietta & Speicher, Anna, 2016. "Food security in sub-Saharan Africa: a fresh look on agricultural mechanisation. How adapted financial solutions can make a difference," IDOS Studies, German Institute of Development and Sustainability (IDOS), volume 91, number 91, July.
    12. Jamie Redman, 2020. "The Benefit Sanction: A Correctional Device or a Weapon of Disgust?," Sociological Research Online, , vol. 25(1), pages 84-100, March.
    13. Arun, Thankom Gopinath & Bendig, Mirko, 2010. "Risk Management among the Poor: The Case of Microfinancial Services," IZA Discussion Papers 5174, Institute of Labor Economics (IZA).
    14. Laura Policardo & Edgar J. Sanchez Carrera, 2024. "Effects of Wealth Inequality and Segregation on Economic Growth: An Interpretation via Luxury Asset Holdings," Working Papers - Economics wp2024_09.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
    15. Steven J. Davis, 2019. "Rising Policy Uncertainty," NBER Working Papers 26243, National Bureau of Economic Research, Inc.
    16. Daniel Levy & Avichai Snir, 2018. "Here Lives a Wealthy Man: Price Rigidity and Predictability in Luxury Housing Markets," Working Paper series 18-16, Rimini Centre for Economic Analysis.
    17. Baharumshah, Ahmad Zubaidi & Thanoon, Marwan A. & Rashid, Salim, 2003. "Saving dynamics in the Asian countries," Journal of Asian Economics, Elsevier, vol. 13(6), pages 827-845, January.
    18. Grohmann, Antonia Charlotte & Sakha, Sahra, 2015. "The Effect of Peer Observation on the Consumption of Temptation Goods: Experimental Evidence," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113084, Verein für Socialpolitik / German Economic Association.
    19. Desierto, Desiree & Koyama, Mark, 2024. "The Political Economy of Status Competition: Sumptuary Laws in Preindustrial Europe," The Journal of Economic History, Cambridge University Press, vol. 84(2), pages 479-516, June.
    20. Jason R. D. Rarick & Carly Tubbs Dolan & Wen‐Jui Han & Jun Wen, 2018. "Relations Between Socioeconomic Status, Subjective Social Status, and Health in Shanghai, China," Social Science Quarterly, Southwestern Social Science Association, vol. 99(1), pages 390-405, March.

    More about this item

    Keywords

    Financial Inclusion; Household Saving; Susenas 2015;
    All these keywords.

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:97995. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.