The Economics of Rotating Savings and Credit Associations (ROSCAs) and Poverty in Indonesia

Abstract: Arisan or Rotating Savings and Credit Associations (ROSCAs) constitute one of the most commonly found informal financial institutions in the developing world. This study aims to analyze the effect of Rotating Savings And Credit Associations (ROSCAs) on poverty in Indonesia using panel data sourced from the fourth and fifth wave of the Family Life Survey (IFLS). This study used a conditional logit or fixed effect logit to see the effect of Rotating Savings and Credit Associations (ROSCAs) participation and control variables, which include individual, household, and community characteristics on poverty variables that are binary or categorized. The results showed that Rotating Savings and Credit Associations (ROSCAs) participation can reduce poverty. Meanwhile, this study shows that women who participate in Rotating Savings and Credit Associations (ROSCAs) can reduce poverty significantly. Keywords: poverty, ROSCAs, IFLS, conditional logit Ekonomi Arisan dan Kemiskinan di Indonesia Abstrak: Arisan atau Rotating Savings and Credit Associations (ROSCAs) merupakan salah satu lembaga keuangan informal paling umum yang terdapat di negara berkembang. Penelitian ini bertujuan untuk melihat pengaruh arisan (ROSCAs) terhadap kemiskinan di Indonesia dengan menggunakan data panel yang bersumber dari Indonesia Family Life Survey (IFLS) gelombang keempat dan kelima. Metodologi yang digunakan dalam penelitian ini adalah Conditional Logit atau Fixed Effect Logit untuk melihat pengaruh variabel partisipasi arisan dan variabel kontrol yang meliputi karakteristik individu, rumah tangga, dan komunitas terhadap variabel kemiskinan yang bersifat biner atau kategori. Hasil penelitian ini menunjukkan bahwa partisipasi arisan dapat mengurangi kemiskinan. Selain itu, penelitian ini menunjukkan bahwa perempuan yang berpartisipasi dalam arisan dapat mengurangi kemiskinan secara signifikan. Kata kunci: Kemiskinan, arisan, IFLS, conditional logit

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Ethnicity and Household Savings in Indonesia

Research Anthology on Personal Finance and Improving Financial Literacy ◽

10.4018/978-1-7998-8049-3.ch009 ◽

2021 ◽

pp. 138-150

Author(s):

Shochrul Rohmatul Ajija ◽

Muhamad Abduh ◽

Wasiaturrahma Wasiaturrahma ◽

Ahmad Hudaifah

Keyword(s):

Family Life ◽

Logit Analysis ◽

Household Savings ◽

Household Saving ◽

Factors Influencing ◽

Indonesia Family Life Survey ◽

The Family ◽

Saving Behavior ◽

Group Variable

Household saving is very important, not only for securing the future spending of the family but also for the country's economy. Using the logit analysis on data of The Indonesia Family Life Survey (IFLS) wave three, four, and five, this chapter analyzes factors influencing, especially the role of ethnicity, upon the household savings in Indonesia. The result indicates that gender, location, and level of education are the consistent variables affecting the household saving behaviour in Indonesia across the three wave surveys. Meanwhile, as for the ethnic group variable, there are only Sunda, Batak, and Bima-Dompu that can significantly influence the people's saving behavior across the three wave surveys.

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Ethnicity and Household Savings in Indonesia

Economics, Business, and Islamic Finance in ASEAN Economics Community - Advances in Finance, Accounting, and Economics ◽

10.4018/978-1-7998-2257-8.ch009 ◽

2020 ◽

pp. 186-201

Author(s):

Shochrul Rohmatul Ajija ◽

Muhamad Abduh ◽

Wasiaturrahma Wasiaturrahma ◽

Ahmad Hudaifah

Keyword(s):

Family Life ◽

Logit Analysis ◽

Household Savings ◽

Household Saving ◽

Factors Influencing ◽

Indonesia Family Life Survey ◽

The Family ◽

Saving Behavior ◽

Group Variable

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Prevalence, Awareness, Treatment and Control of Hypertension in Indonesian Adults Aged ≥40 Years: Findings from the Indonesia Family Life Survey (IFLS)

PLoS ONE ◽

10.1371/journal.pone.0160922 ◽

2016 ◽

Vol 11 (8) ◽

pp. e0160922 ◽

Cited By ~ 25

Author(s):

Mohammad Akhtar Hussain ◽

Abdullah Al Mamun ◽

Christopher Reid ◽

Rachel R. Huxley

Keyword(s):

Family Life ◽

Indonesia Family Life Survey ◽

And Control

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MÅLTIDER SOM FAMILIE-SKABELSE OG FRISÆTTELSE

Tidsskriftet Antropologi ◽

10.7146/ta.v0i39.115170 ◽

1998 ◽

Author(s):

Trine Iversen ◽

Lotte Holm

Keyword(s):

Children And Adolescents ◽

Family Life ◽

Public Debate ◽

Family Meal ◽

Social Communities ◽

The Family ◽

Sociological Literature ◽

Individual Household ◽

The Individual

Trine Iversen & Lotte Holm: Meals and the Making of Family - and Individualisation In this article we discuss the role of meals in family life. In the sociological literature on food and eating the issue of meals is integrated in discussions of family life, social communities and socialisation of children and adolescents. In this empirically based article we focus on a group of Danish adults’ considerations about meals. On this basis we wish somewhat to modify the assumption which is implicit in the literature, as well as in public debate; namely, that the daily family meal is the foundation for integration of the individual household members into a group, i.e. that it is the basis for the making of the family. Our material shows that the family meal is indeed an ideal that adults strive to realise. However, adults 251 are ambigious in this endeavour, as they are very considerate about adolescents’ social activities outside the home. In faet we find that adults contribute to the process of individualisation which occurs during the teenage period, by accomodating mealtimes or accepting non-attendance at meals. The project of making the family appears to be an adult project, to which the adolescents are not expected to contribute. Rather, adults acknowledge the need and desire of adolescents to liberale themselves from the household unit.

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Pola pengelolaan pendapatan keluarga buruh tani dalam rangka memenuhi kebutuhan hidup

Jurnal Ekonomi, Bisnis dan Pendidikan ◽

10.17977/um066v1i92021p824-835 ◽

2021 ◽

Vol 1 (9) ◽

pp. 824-835

Author(s):

Feni Dwi Yulianti ◽

Sri Umi Mintarti ◽

Wahjoedi Wahjoedi ◽

Yohanes Hadi Soesilo

Keyword(s):

Family Life ◽

Farm Workers ◽

Farm Labor ◽

Family Farm ◽

Case Study Method ◽

The Family ◽

Financial Plan ◽

And Control ◽

The Village

Abstract Income management can be identified the pattern through income and expenditure streams. This study aims to determine the pattern of income management of farm labor families in Bakung Pringgodani Village in order to meet the needs of life. This research is a qualitative research with a case study method where researchers collect data will focus on a case encountered in a family of farm workers in Bakung Pringgodani Village. The obtained data were observed and analyzed carefully to the end with the aim of understanding a phenomenon or event experienced by the family farm laborers in the village of Bakung Pringgodani. The suggestions from this study are: Farm workers' families are expected to be able to make or arrange a written financial plan so that it can facilitate the allocation of income and control expenses in order to fulfill the needs of family life. Abstrak Pengelolaan pendapatan dapat diketahui dari pola pendapatan dan pengeluaran. Penelitian ini bertujuan untuk menganalisa pola pengelolaan pendapatan pada keluarga petani untuk memenuhi kebutuhan mereka, di Desa Bakung Pringgodani. Penelitian ini merupakan penelitian kualitatif yang menggunakan metode studi kasus, dimana peneliti focus pada kasus-kasus yang dialami para keluarga petani di Desa Bakung Pringgodani. Data yang telah terkumpul diobservasi dan dianalisa untuk menjabarkan dan memahami fenomena yang dialami oleh para keluarga petani di Desa Bakung Pringgodani. Oleh karena itu, para keluarga petani disarankan untuk menyusun rencana keuangan tertulis untuk membantu pengalokasian pendapatan dan mengontrol pengeluaran dalam pemenuhan kebutuhan keluarga

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