| dc.description.abstract | Poverty is a multidimensional phenomenon that can be measured by variety
of approaches. The measurements of poverty based on consumption levels
are not sufficient to explain various shortcomings faced by the poor.
Household financial behavior that tends to be dynamic will indirectly affect
household income patterns. Using data from the Indonesian Family Life
Survey (IFLS) wave 5, this study aimed to identify the impact of household
financial behavior on poverty in Indonesia. The results of analysis using Tobit
Regression showed that the levels of financial vulnerability, financial
literacy, education level, arisan or the rotating economy of savings and credit
associations (ROSCAs), and total credit have a negative, significant
relationship in influencing poverty. This means that when this variable
increases, it will reduce poverty in Indonesia. Meanwhile, the location of
residence, either in village or city, has a positive, significant relationship
which implies that the location of residence has an impact on the poverty
level in Indonesia. | en_US |
