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
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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
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Objekttyp
- Arbeitspapier
Beteiligte
- Askar, Media Wahyudi
- Ouattara, Bazoumana
- Zhang, Yin-Fang
- Asian Development Bank Institute (ADBI)
Entstanden
- 2020