Arbeitspapier

Financial literacy and poverty reduction: The case of Indonesia

Given its role in affecting financial behavior, financial literacy has received considerable attention from researchers and policy makers alike. This paper employs data from a nationally representative survey in Indonesia to investigate the impact of financial literacy on poverty, which is a downstream welfare indicator. Consequently, we have constructed a composite financial literacy index. Our results reveal that financial literacy plays an important role in reducing poverty. This finding is robust, irrespective of the measure of financial literacy and regardless of the instrumentalization strategy adopted.

Sprache
Englisch

Erschienen in
Series: ADBI Working Paper Series ; No. 1097

Klassifikation
Wirtschaft
Measurement and Analysis of Poverty
Thema
financial literacy
poverty
developing countries

Ereignis
Geistige Schöpfung
(wer)
Askar, Media Wahyudi
Ouattara, Bazoumana
Zhang, Yin-Fang
Ereignis
Veröffentlichung
(wer)
Asian Development Bank Institute (ADBI)
(wo)
Tokyo
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Askar, Media Wahyudi
  • Ouattara, Bazoumana
  • Zhang, Yin-Fang
  • Asian Development Bank Institute (ADBI)

Entstanden

  • 2020

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