scholarly journals Savings for retirement and the millennial generation in Mexico: perception about the importance of having a retirement fund

2021 ◽  
Vol 1 (1) ◽  
pp. 245-260
Author(s):  
Teresa Zamora Lobato
Keyword(s):  
Millennial Generation ◽  
National Commission ◽  
Retirement Savings ◽  
Snowball Sampling ◽  
Financial Capability ◽  
Chi Square ◽  
Retirement Pension ◽  
Retirement Fund ◽  
Retirement Funds ◽  
Taking Action

The aim of this study focused on knowing the existing relation between Savings, Financial Capability, Future forecast and Retirement funds in relation to gender, which allows to determine the Savings culture, while also proving if there is a relationship between Savings, Financial Capability, Future forecast and Retirement funds in relation to gender among the population known as Millennial generation. The study is non-experimental, approached from the hypothetic-deductive paradigm, it is descriptive and correlational, as well as transversally cut. The participants were 89 Millennials(73% women and 27% men), whoseagesranged between 18 to 35 years old. The sample was non-probabilistic by auto-determination, since the technique used was “snowball sampling”, which consisted on sharing the instrument through social networks. For the study, the survey designed by the Mexican National Commission of Retirement Savings System (2017) was used. For the data capture and analysis, the program SPSS Statistics v23 was used and the measurement technique was Pearson s Chi square with df and sig <0.05. The main results show how young millennials have not thought about retirement or at least, they are currently not taking action on this issue, hence, they have not decided to save money for the future at the moment.Regarding the parametricresults, it was determined that thereis no relationship between what millennials perceive about keeping a record of monthly income and expenses, what they would do in case they received an unexpected sum of money, receive a monthly pension, the retirement age, amount of the retirement pension and the knowledge of what a retirement fund is with the variable gender.

scholarly journals Strategies in Retirement Fund Selection in the Mexican Retirement Market 1997-2018

2021 ◽  
Vol 16 (TNEA) ◽  
pp. 1-16
Author(s):  
Luis Raúl Rodríguez-Reyes ◽  
Ángel Samaniego ◽  
Mireya Pasillas
Keyword(s):  
Retirement Savings ◽  
Investment Strategies ◽  
Replacement Rate ◽  
Market Prices ◽  
Average Return ◽  
Retirement Fund ◽  
Individual Decisions ◽  
Retirement Funds ◽  
Rolling Windows

Objective: This research studies individual investment strategies that can be employed by Mexican workers to choose a retirement savings company, to provide evidence that can guide workers and governments in their pursuit for a higher replacement rate. Methods: To accomplish such task, more than 200,000 individual decisions in rolling-windows are simulated, based on more than twenty-years of market prices on retirement funds in Mexico (1997-2018). Outcome: Results indicate that contrarian-based strategies dominate momentum-based strategies in three out of four categories of funds. Recommendations: Moreover, in two out of four categories of funds the highest return is reached by the system’s average, calling for the introduction of an ETF-type of product to the Mexican financial market. Originality: The novelty of this research resides in the perspective of the analysis, positioning the Mexican worker in the role of an investor making a financial choice. Conclusions: The maximum average return is the best way to select a retirement fund manager when there is a guaranteed minimum pension, which acts as a risk-hedge, as it is in the Mexican case.

Hubungan Alexithymia dengan Kecanduan Media Sosial pada Remaja di Jakarta Selatan

2020 ◽  
Vol 1 (2) ◽  
pp. 9
Author(s):  
Yunita Mansyah Lestari ◽  
Suzy Yusna Dewi ◽  
Aulia Chairani
Keyword(s):  
Social Media ◽  
Interpersonal Relationships ◽  
P Value ◽  
Snowball Sampling ◽  
Research Subjects ◽  
Chi Square ◽  
Toronto Alexithymia Scale ◽  
Social Media Addiction ◽  
Consecutive Sampling ◽  
Tas 20

ABSTRAK   Alexithymia ditandai dengan ketidakmampuan dalam mengenali dan mengekpresikan emosi serta pemikiran yang berorientasi eksternal sehingga mereka memiliki hubungan interpersonal yang buruk. Remaja dengan alexithymia cenderung menjadi kecanduan media sosial.Penelitian ini bertujuan untuk mengetahui hubungan antara Alexithymia terhadap kecanduan media sosial pada remaja di Jakarta Selatan. Subjek penelitian adalah remaja yang berusia 13-19 tahun dan tinggal di Jakarta selatan. Pengambilan data menggunakan metode consecutive sampling dan snowball sampling dengan menyebar kuesioner menggunakan link googleform. Jumlah subjek penelitian sebanyak 207 orang (41 = laki-laki, 166 = perempuan). Skala yang digunakan adalah Toronto Alexithymia Scale (TAS-20) dan Social Media Disorder (SMD). Analisa data menggunakan metode chi-square pada SPSS 25. Hasil penelitian didapatkan 85 orang mengalami alexithymia, 88 mengalami kecanduan dan 62 orang mengalami alexithymia dan kecanduan media sosial. p-value didapatkan 0,000. Hal ini berarti terdapat hubungan antara Alexithymia dengan Kecanduan Media Sosial pada remaja di Jakarta Selatan. Kata Kunci :Alexithymia, Kecanduan Media Sosial, Remaja     ABSTRACT   Alexithymia is characterized by an inability to recognize and express emotions and have external oriented thoughts so that they have poor interpersonal relationships. Teenagers with alexithymial tend to become addicted to social media. This study aims to determine the relationship between Alexithymia towards social media addiction in adolescents in South Jakarta. The research subjects were adolescents aged 13-19 years and lived in south Jakarta. Retrieval of the data was using consecutive sampling and snowball sampling method by distributing questionnaires using the googleform link. The number of research subjects was 207 people (41 = men, 166 = women). The scale was used is the Toronto Alexithymia Scale (TAS-20) and Social Media Disorder (SMD). Data analysis using the chi-square method in SPSS 25. The results showed that 85 people had alexithymia, 88 were addicted and 62 people had alexithymia and were addicted to social media. p-value obtained is 0,000. This means that there is a relationship between Alexithymia and Social Media Addiction in adolescents in South Jakarta. Keyword : Adolescents, Alexithymia, Social Media Addiction

scholarly journals A comparison of retirement saving using discretionary investment and Regulation 28

2018 ◽  
Vol 21 (1) ◽  
Author(s):  
Gizelle D. Willows ◽  
Thomas Burgers ◽  
Darron West
Keyword(s):  
South Africa ◽  
South African ◽  
Asset Allocation ◽  
Pension Funds ◽  
Investment Risk ◽  
Retirement Savings ◽  
Primary Reason ◽  
Risk And Return ◽  
Retirement Saving ◽  
Retirement Fund

Background: There is growing uncertainty in global society with regard to how retirement savings should be approached. The primary reason for this is that most societies do not save enough and their citizens run out of money during retirement. Aim: This study investigates whether the limitations imposed by Regulation 28 of the Pension Funds Act of South Africa encourage optimal asset allocation and reduce investment risk for retirement savings when contrasted with discretionary investment. Setting: The study looks at hypothetical individuals who are subject to tax and retirement consequences as administered by South African legislation. Methods: A quantitative risk and return analysis was performed while considering two hypothetical investors who are identical in all aspects other than their choice of investments. Results: The findings indicate that Regulation 28 is effective in reducing the investment risk of retirement savings; however, it may also force the investor to sacrifice wealth. Conclusion: Depending on the tax bracket in which the investor sits, discretionary investment may be preferential to investing in a retirement fund under the mandate of Regulation 28.

scholarly journals An Analysis of Risk Factors Associated with Methamphetamine/ICE use in Khyber Pakhtunkhwa, Pakistan

2021 ◽  
Vol VI (I) ◽  
pp. 111-118
Author(s):  
Sameer Ul Khaliq Jan ◽  
Hamid Alam ◽  
Ayub Khan
Keyword(s):  
Risk Factors ◽  
Sampling Technique ◽  
Snowball Sampling ◽  
Chi Square ◽  
Khyber Pakhtunkhwa ◽  
Exam Preparation ◽  
Frequent Use ◽  
Causative Factors ◽  
Dependent Variables ◽  
Chi Square Test

The present study aims to analyze the causative factors which are responsible for the use of a stimulant drug methamphetamine which is commonly known as ice. For this purpose, data were collected from the two districts, i.e. Peshawar and Mardan, Khyber Pakhtunkhwa, Pakistan. A conceptual framework consists of Independent variable (ice use frequency) and dependent variables (risk factors). Data was collected through a structured questionnaire from a sample of 180 ice users by a snowball sampling technique. A Chi-square test was applied to examine the association between independent and dependent variables. The results reveal that a significant (p=0.05) association was found between various risk factors, i.e. easy availability, friends insistence, try out new experiences/curiosity, and use of ice for exam preparation with frequent use of ice. The study recommends that awareness may be created through educational, religious institution and media for the prevention and rehabilitation of ice addiction.

scholarly journals COVID-19 vaccine demand, hesitancy, and nationalism: a case of protection motivation behavior in Bangladesh

2021 ◽  
Vol 15 (10) ◽  
pp. 1388-1395
Author(s):  
Mostafizur Rahman ◽  
Afnan Hossain ◽  
Abu Sufian ◽  
Nahida Anwar
Keyword(s):  
Confidence Interval ◽  
Sampling Technique ◽  
Vaccine Hesitancy ◽  
Protection Motivation ◽  
Snowball Sampling ◽  
Chi Square ◽  
Vaccine Acceptance ◽  
Behavioral Studies ◽  
Social Media Platforms ◽  
Specific Health

Introduction: Immunization, as a process of fighting against the COVID-19, has gained important research appeal, but very limited endeavor has been paid for vaccine behavioral studies in underdeveloped and developing countries. This study explores the vaccine demand, hesitancy, and nationalism as well as vaccine acceptance and domestic vaccine preference among young adults in Bangladesh. Methodology: This quantitative study followed the snowball sampling technique and collected responses from 1,018 individuals from various social media platforms. The analysis covered both descriptive and inferential statistics including chi-square, F-statistic, and logistic regression. Results: The findings of the fully-adjusted regression model suggest that the individuals who had more vaccine demand were 3.29 times (95% confidence interval = 2.39-4.54; p < 0.001) higher to accept vaccine compared to those who had no vaccine demand. Conversely, vaccine hesitancy was negatively associated with vaccine acceptance. Here, the odds ratio was found 0.70 (95% confidence interval = 0.62-0.80; p < 0.001), which means that those who had higher vaccine hesitancy were about 30% less likely to accept vaccines than those who had no hesitancy. In addition, the persons who had vaccine nationalism were 1.75 times (95% confidence interval = 1.62-1.88; p < 0.001) more prone to prefer domestic vaccine. Conclusions: This study suggests that policymakers may take initiatives for making people aware and knowledgeable about the severity and vulnerability to specific health threats. In this concern, perception and efficacy-increasing programs may take part in increasing protection motivation behaviors like vaccine acceptance and (domestic) vaccine preference.

scholarly journals THE INFLUENCE OF FLEXIBILITY OF WORK TO LOYALTY AND EMPLOYEE SATISFACTION MEDIATED BY WORK LIFE BALANCE TO EMPLOYEES WITH MILLENNIAL GENERATION BACKGROUND IN INDONESIA STARTUP COMPANIES

2018 ◽  
Vol 19 (0) ◽  
pp. 217-227
Author(s):  
Muhammad Calvin Capnary ◽  
Riani Rachmawati ◽  
Iskandar Agung
Keyword(s):  
Millennial Generation ◽  
Employee Satisfaction ◽  
Structural Equation ◽  
Sampling Technique ◽  
Positive Influence ◽  
Work Life ◽  
Work Life Balance ◽  
Equation Modeling ◽  
Snowball Sampling ◽  
Life Balance

Human resource is the one of the most important elements in the company. Therefore, the company must have related strategies to retain these workers. One of them is by increasing employee loyalty and satisfaction through flexibility of work and work life balance. The strategy chosen is based on the unique characteristics of the majority of workers who entered the millennial generation. Some companies are already implementing these strategies, including startup companies. This study aims to investigate the influence of the flexibility of working on loyalty and employee satisfaction with work life balance. This research was conducted using convenience and snowball sampling technique to the 121 respondents with a millennial generation background which is worked in startup companies in Indonesia. Data obtained from respondents were processed and analyzed using structural equation modeling. The results of this study indicate that flexibility of work has significant and positive influence to loyalty and employee satisfaction. However, flexibility of work has positive and significant impact on loyalty and employee satisfaction. This research prove that work life balance have partial mediating influence in relationship between flexibility of work and loyalty. In the other hands, work life balance have no mediating a relationship between flexibility of work and the satisfaction of employee with millennial background that is worked in startup companies.

scholarly journals Digitization of Educational Technology Centres for Teaching Electrical and Electronics Technology in Colleges of Education in North Eastern Nigeria

2018 ◽  
Vol 7 (3) ◽  
pp. 199-207
Author(s):  
Dauda Moses ◽  
Nasiru Bello Mohammed ◽  
Amos Danlami Agbu ◽  
Lumo Adams Gainaka
Keyword(s):  
Educational Technology ◽  
Goodness Of Fit ◽  
National Commission ◽  
Colleges Of Education ◽  
School Students ◽  
Chi Square ◽  
Public School Students ◽  
North Eastern ◽  
Chi Square Test ◽  
Descriptive Survey

Abstract The purpose of this study was to assess the level of digitization of Educational Technology Centres for teaching electrical and electronics technology in Colleges of Education in North Eastern Nigeria in order to provide information that will help solve problems of incompetence of public school students in Information and Communication Technology (ICT). The study, guided by two research questions and two hypotheses was conducted in six Colleges of Education in North Eastern Nigeria using descriptive survey research design. The sample of the study was 50 comprising of 15 non-teaching Educational Technology Centres staff and 35 Electrical and Electronics Technology lecturers from five colleges of education in North Eastern Nigeria. Checklist containing 103 expected digital facilities based on National Commission for Colleges of Education (NCCE) minimum standard for Educational Technology Facilities in Colleges of Education in North Eastern Nigeria was used as instrument for data collection. Respondents were required to fill in observed facilities in the required column. Arithmetic percentage and Chi–square test of goodness-of-fit and were used determine the extent of digitization of the Educational Technology Centres in Colleges of Education in North Eastern Nigeria. Findings of the study revealed among others that analog technologies has higher number of frequency counts compared to digital technologies, hence there was low digitization of hardware facilities in Educational Technology Centres in Colleges of Education in North Eastern Nigeria. The study therefore concluded that Educational Technology Centres in Colleges of Education in North Eastern Nigeria were not digitized for instructional purposes; therefore, Government should digitize Educational Technology Centres in Colleges of Education in North Eastern Nigeria by adequately providing both digital hard and soft ware facilities.

The Hubungan Faktor Sosial Orang Dengan HIV/AIDS Dengan Akses Pelayanan Antiretroviral Selama Pandemi COVID-19 Di Kabupaten/Kota Kediri

2021 ◽  
Vol 71 (3) ◽  
pp. 124-134
Author(s):  
Forman Novrindo Sidjabat ◽  
Betty Lania Arrumasari ◽  
Ni Putu Priyanka Ayu Ratnanggana ◽  
Silvia Tri Ambarwati
Keyword(s):  
Snowball Sampling ◽  
Chi Square ◽  
Hiv Aids

Pendahuluan: Terjadi penurunan akses layanan antiretroviral (ARV) yang disebabkan kekuatiran ODHA terinfeksi COVID-19, anjuran karantina oleh pemerintah dan fungsi fasilitas kesehatan yang difokuskan menangani keadaan darurat COVID-19. Penelitian ini bertujuan untuk mengetahui hubungan faktor sosial orang dengan HIV/AIDS dengan akses layanan ARV selama pandemi COVID-19 di Kabupaten/Kota Kediri. Metode: Penelitian ini menggunakan desain potong lintang dengan 107 responden. Faktor sosial meliputi variabel status hubungan, dukungan sosial, status tempat tinggal dan keikutsertaan komunitas sebaya. Variabel akses layanan ARV merupakan tindakan mengunjungi layanan ARV secara mandiri selama pandemi. Data dikumpulkan dengan teknik snowball sampling menggunakan kuesioner online dan dianalisis menggunakan uji chi-square. Hasil: Mayoritas responden berusia 26-35 tahun (57,9%), berjenis kelamin laki-laki (56,1%), dan berorientasi heteroseksual (74,8%). Variabel yang memiliki hubungan bermakna dengan akses layanan ARV meliputi status hubungan (p<0,05), dukungan sosial (p<0,05), dan status tempat tinggal (p<0,05). Sedangkan tidak ditemukan hubungan yang bermakna antara variabel keikutsertaan komunitas sebaya dengan akses layanan ARV (p=0,69). Kesimpulan: Ada hubungan faktor sosial meliputi status hubungan, dukungan sosial, dan status tempat tinggal orang dengan HIV/AIDS dengan akses layanan ARV selama pandemi. Perlu dilakukan pelibatan dan penguatan peran sosial masyarakat terkhusus keluarga dengan memberikan pelatihan dan edukasi terkait pemahaman tentang HIV/AIDS, kebutuhan dan motivasi ODHA.

scholarly journals Rural communities’ perception of climate change and its determinants in Dejen district, Nile basin of Ethiopia

2018 ◽  
Vol 7 (5) ◽  
pp. 102-114
Author(s):  
Zerihun Yohannes Amare ◽  
Johnson O Ayoade ◽  
Ibidun O Adelekan ◽  
Menberu Teshome Zeleke
Keyword(s):  
Climate Change ◽  
Rural Communities ◽  
Climatic Data ◽  
Snowball Sampling ◽  
Climate Data ◽  
Nile Basin ◽  
Research Information ◽  
Chi Square ◽  
Cross Sectional ◽  
Chi Square Analysis

Communities’ perception of climate change must be integrated with research information to improve their adaptive capacity successfully. Thus, to propose appropriate adaptation options to the specific localities, understanding the levels of perception of rural communities to climate change and variability is crucial. This study aims to capture the rural communities’ perception of climate change and its determinants in Dejen district, Nile basin of Ethiopia. Cross-sectional socio-economic and time series climatic data were used. Stratified and snowball sampling techniques were employed to select a sample of 398 households. Chi-square analysis was carried out at p≤0.05. The majority (65.7%) of households had information about climate change before this study survey. Age, farming experience, income, the number of relatives, access to weather information, farmer to farmer access, and government experts’ extension services had a significant effect on the majority of climatic variables perception of households. The households’ perception of climate change was in line with results of climate data analysis. The chi-square analysis test of hypothesis shows gender has no significant effect on the perception of climate change. The implication is that all social groups in the study area perceived that there are changes in climate.

Cultural Constraints To Female Higher Education In Malakand Division, Pakistan

2018 ◽  
Vol 17 (1) ◽  
pp. 203-218
Author(s):  
Sameer Ul Khaliq Jan ◽  
Ahmad Ali ◽  
Muhammad Niqab
Keyword(s):  
Higher Education ◽  
Freedom Of Expression ◽  
Snowball Sampling ◽  
Educational Facilities ◽  
Early Puberty ◽  
Chi Square ◽  
Related Factors ◽  
Chi Square Test ◽  
The Government ◽  
Cultural Constraints

The current study was aimed to analyze the Pakhtun cultural constraints in the way of female higher education. For this purpose, the data was collected through a survey instrument by snowball sampling and selected 384 respondents from Malakand division, Khyber Pakhtunkhwa, Pakistan. The collected data were analyzed through SPSS. A Chi-Square test was applied in order to find out the association between independent (Pakhtun culture) and a dependent variable (low female higher education). The results show that there is a high and significant relationship between the low ratio of female higher education and sub-dimensions of Pakhtun culture i.e. early puberty, conservatism, Pardah, home related factors, Son preference, male dominancy, lack of freedom of expression for female, early/child marriage, noninvolvement of female in decision making, spending money of parents but benefits goes to husband family, non-acceptance of co-education, living in hostel of female and cultural interpretation of religion are various risk factors for low female higher education in Pakhtun society. The study recommends that the government should focus on women education, create awareness regarding female education and provide better educational facilities and incentives for women. Besides, more employment opportunities should be created to enhance female higher education.

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