scholarly journals Adequacy of Retirement Wealth in Malaysia: Spending Behaviour Analysis

2018 ◽  
pp. 429-435
Keyword(s):  
Household Income ◽  
Household Head ◽  
Education Level ◽  
Occupational Group ◽  
Demographic Characteristics ◽  
Household Expenditure ◽  
Kuala Lumpur ◽  
Replacement Ratio ◽  
Expenditure Data ◽  
Retirement Wealth

This paper aims to measure the retirement wealth adequacy among population in Malaysia based on 7743 samples from Household Expenditure and Income Survey (HEIS) 2014. The determinants of retirement wealth adequacy are also examined using the OLS regression. The HEIS2014 contains information on household income and expenditure data, together with socio-economic and demographic characteristics of each household head such as age, education level and occupational group. The retirement wealth adequacy is projected using a wealth-need ratio, which is equal to the projected wealth (or income) accumulated in working years divided by the projected total needs (or consumptions) in retirement years. A wealth-need ratio of equal or larger than one indicates that an individual’s retirement wealth is adequate. Based on life cycle hypothesis which states that retirees should retire with a maintained lifestyle, a 70% replacement ratio is used in this study to project the total consumptions throughout retirement years. We also project the total consumptions by implementing different replacement ratios for different salary classes in Malaysia to take into account heterogeneity of consumptions among households. The results show that all households (or 100%) have wealth-need ratio of one or more if we use 70% replacement ratio. However, the percentage of households who have wealth-need ratio of equal or larger than one reduces to 88% when we use different replacement ratios for different income classes. The results from the wealth-need ratio indicates that the following demographic and socio-economic groups have higher percentage of adequate retirement wealth; age 30-35, single (not married), work in management field, degree education, live in region 4 (Pulau Pinang, Selangor, Kuala Lumpur, Putrajaya), and work in private sectors.

scholarly journals Binary logistic regression to estimate household income efficiency. (south Darfur rural areas-Sudan)

2016 ◽  
Vol 4 (1) ◽  
pp. 31
Author(s):  
Sofian A. A. Saad ◽  
Amin Adam ◽  
Afra H. Abdelateef
Keyword(s):  
Logistic Regression ◽  
Rural Areas ◽  
Household Income ◽  
Household Head ◽  
Binary Logistic Regression ◽  
Statistical Technique ◽  
Household Expenditure ◽  
Response Variable ◽  
Explanatory Variables ◽  
Main Factors

<p>The main objective behind this study is to find out the main factors that affects the efficiency of household income in Darfur rejoin. The statistical technique of the binary logistic regression has been used to test if there is a significant effect of fife binary explanatory variables against the response variable (income efficiency); sample of size 136 household head is gathered from the relevant population. The outcomes of the study showed that; there is a significant effect of the level of household expenditure on the efficiency of income, beside the size of household also has significant effect on the response variable, the remaining explanatory variables showed no significant effects, those are (household head education level, size of household head own agricultural and numbers of students at school).</p>

scholarly journals Customer Perception, Price and Demand Analysis of Supermarkets in Dhaka City

2013 ◽  
pp. 35-51
Author(s):  
SM Nasim Azad ◽  
Md Moyazzem Hossain ◽  
Rehena Parveen
Keyword(s):  
Sex Education ◽  
Household Income ◽  
Education Level ◽  
Demand Analysis ◽  
Primary Data ◽  
Household Expenditure ◽  
Dhaka City ◽  
Empirical Estimation ◽  
Customer Perception ◽  
Almost All

This paper estimates the customer perception about supermarkets and also tries to estimate the determinants which are responsible to satisfy the customers of supermarkets in Bangladesh. For empirical estimation we use primary data from 290 respondents. The respondents are customers of selected supermarkets in Dhaka city. We use logistic regression to identify the factors. Thus age, sex, education level, monthly household income, monthly household expenditure, monthly frequency of visit to Supermarket, availability of (almost) all products and price of the products are significant predictors of satisfaction level with regard to supermarket in Bangladesh. DOI: http://dx.doi.org/10.3329/jbt.v6i2.14516 Journal of Business and Technology (Dhaka) Vol–VI, Issue–02, (July-December, 2011) & Vol–VII, Issue-1 (January-June, 2012) pp.35-51

scholarly journals Measuring the Differential Economic Impact of Education across Income Groups and Provinces in Pakistan: A Model- Consistent Approach

2013 ◽  
Vol 18 (Special Edition) ◽  
pp. 161-182
Author(s):  
Fahd Rehman ◽  
Russel J. Cooper
Keyword(s):  
Household Income ◽  
Educational Opportunities ◽  
Social Effects ◽  
Household Expenditure ◽  
Differential Impact ◽  
Engel Curve ◽  
Income Groups ◽  
Long Run ◽  
Expenditure Data ◽  
The Impact

Engel’s Law states that the share of food in household expenditure declines with households’ total expenditure—a regularity that is clearly evident in Pakistani household income and expenditure data. This study uses an “Engel curve” to incorporate additional social effects—including the impact of education on welfare—to infer the differential impact of education on measures of household wellbeing across income groups and provinces. Our Engel curve specifications close the gap between economic theory and empirical applications critical to evaluating the effects of education on economic wellbeing. The results show that net primary and matriculation education enrolment ratios can bring about a significant improvement in people’s welfare. Accordingly, there is a need to specifically redirect resources to Balochistan where access to educational opportunities is rather low; and to increase access to such opportunities in Sindh and Khyber Pakhtunkhwa. Data for the period 2008–11 shows that households in the two lowest income groups are worst off in terms of access to educational opportunities. Efforts should thus be stepped up to enhance their access to educational opportunities at the primary and matriculation levels. The study’s predictions are intended to guide policymakers in terms of where to concentrate their efforts and reduce economic distortions, and move the economy onto a sustainable path in the long run.

scholarly journals Clinical Profile of Migraine Headache Patients: a Descriptive Study of a Single Tertiary Centre in Malaysia

2021 ◽  
Author(s):  
Yue Hui Lau ◽  
Jessica K Kurien ◽  
Keng Ming Lau ◽  
Sufian Adenan
Keyword(s):  
Psychiatric Symptoms ◽  
Age Of Onset ◽  
Tertiary Education ◽  
Rescue Therapy ◽  
Adult Population ◽  
Education Level ◽  
Demographic Characteristics ◽  
Trigger Factor ◽  
Kuala Lumpur ◽  
Headache Patients

Abstract Background:Migraine is one of the most common disabling neurological disorder among adult population in Malaysia. Purpose:To evaluate demographic characteristics among the migraine patients.Methods:A total of 73 patients with the complain of headache, who aged 18 to 65 were recruited prospectively at neurology clinic from December 2017 to April 2019 in Kuala Lumpur Hospital. All new patients were mainly referred by primary care clinics. Demographic characteristics such as age and gender, age of onset, clinical phenotypes, trigger factors, rescue therapy, prophylaxis usage, frequency of headache, psychiatric symptoms, marital status and education level were all evaluated. Migraine headaches were coded according to ICHD-III criteria. Statistical analysis was analysed using SPSS software. Descriptive statistics, mean and standard deviation were used to evaluate for clinical data.Results:44 out of 73 patients had migraine (60.3%). The mean age of migraine patients was 30 and mean age of onset was 24.8. Majority of the sample were female (36, 81.8%), single (23.52.3%) and with tertiary education level (31, 70.5%). The most frequent symptoms included unilateral headache (36, 81.8%) with throbbing in quality (39, 88.6%). The main trigger factor was stress (23, 52.3%). The most frequently used rescue therapies are sleeping and paracetamol ingestion (18, 40.9%). Most of the patients experienced acute attack 4-14 days in a month (15, 34.1%). 42(95.5%) patients were prophylaxis naïve.Conclusion:Characteristics of the migraine patients in Kuala Lumpur Hospital are comparable with previous studies. A registry of headache patients is crucial to determine the prevalence and local impact of the disease in Malaysia.

scholarly journals Gambling Consumers in Thailand

2017 ◽  
Vol 13 (5) ◽  
pp. 136
Author(s):  
Pannapa Changpetch
Keyword(s):  
Household Income ◽  
Household Head ◽  
Household Expenditure ◽  
Work Status ◽  
Income Household ◽  
Head Of Household ◽  
The North ◽  
Gambling Expenditure ◽  
Economic Survey ◽  
Gambling Consumption

This paper presents a study of household gambling consumption in Thailand in 2011. We investigate the nonlinear relationships between this behavior and household alcohol expenditure, household gambling expenditure, and demographic factors. We use Treenet to analyze datasets drawn from a socio-economic survey of 42,083 Thai households conducted in 2011. The results show that the five most significant variables in order of importance for predicting the likelihood of household gambling consumption are household income, household region, work status of the household head, religion of the household head, and age of the household head. In summary, the Treenet results suggest that the likelihood of gambling consumption was higher for households with an income of more than 25,000 Bahts per year, a location in the North, a Buddhist head of household, a head with active work status, a head between 35 and 55 years old, with household expenditure spent on alcohol consumed at home of more than 500 Bahts, with household expenditure spent on tobacco of more than 100 Bahts, and a head of household with less education.

scholarly journals Clinical Profile of Migraine Headache Patients: A Descriptive Study of A Single Tertiary Centre in Malaysia

2021 ◽  
Author(s):  
YUE HUI LAU ◽  
Jessica Kurien ◽  
KENG MING LAU ◽  
Sufian Adenan
Keyword(s):  
Psychiatric Symptoms ◽  
Age Of Onset ◽  
Tertiary Education ◽  
Rescue Therapy ◽  
Adult Population ◽  
Education Level ◽  
Demographic Characteristics ◽  
Trigger Factor ◽  
Kuala Lumpur ◽  
Headache Patients

Abstract Background:Migraine is one of the most common disabling neurological disorder among adult population in Malaysia. Purpose:To evaluate demographic characteristics among the migraine patients.Methods:A total of 73 patients with the complain of headache, who aged 18 to 65 were recruited prospectively at neurology clinic from December 2017 to April 2019 in Kuala Lumpur Hospital. All new patients were mainly referred by primary care clinics. Demographic characteristics such as age and gender, age of onset, clinical phenotypes, trigger factors, rescue therapy, prophylaxis usage, frequency of headache, psychiatric symptoms, marital status and education level were all evaluated. Migraine headaches were coded according to ICHD-III criteria. Statistical analysis was analysed using SPSS software. Descriptive statistics, mean and standard deviation were used to evaluate for clinical data.Results:44 out of 73 patients had migraine (60.3%). The mean age of migraine patients was 30 and mean age of onset was 24.8. Majority of the sample were female (36, 81.8%), single (23.52.3%) and with tertiary education level (31, 70.5%). The most frequent symptoms included unilateral headache (36, 81.8%) with throbbing in quality (39, 88.6%). The main trigger factor was stress (23, 52.3%). The most frequently used rescue therapies are sleeping and paracetamol ingestion (18, 40.9%). Most of the patients experienced acute attack 4-14 days in a month (15, 34.1%). 42(95.5%) patients were prophylaxis naïve.ConclusionCharacteristics of the migraine patients in Kuala Lumpur Hospital are comparable with previous studies. A registry of headache patients is crucial to determine the prevalence and local impact of the disease in Malaysia.

ANALYSIS OF CONSUMPTION EXPENDITURE AND CONSUMER PREFERENCES FOR SELECTED ANIMAL PRODUCTS: THE CASE OF LOW INCOME HOUSEHOLDS IN WARRI, NIGERIA

2021 ◽  
Vol 26 ◽  
pp. 129-136
Author(s):  
A. B. Aromolaran
Keyword(s):  
Low Income ◽  
Household Income ◽  
Protein Intake ◽  
Household Head ◽  
Household Size ◽  
Animal Protein ◽  
Preference Ranking ◽  
Household Expenditure ◽  
Animal Products ◽  
Low Income Households

Most urban low-income households in Nigeria are plagued with inadequate animal protein intake level. The reasons for this according to literature include such problems as low levels of household income, large household size, low level of education of household head, age of household head, age structure of households, and location of dwelling. This study was aimed at re-examining these issues using data from Warri, a major urban area in southern Nigeria. In addition, the study investigated the hypothesis that in consumer behavior, a consumer may prefer a commodity X to a commodity Z when the preference ranking is strictly based on desire, while the same consumer would prefer Z to X when the basis for preference ranking is influenced by the ability to purchase. The result showed firstly that the monthly household – income, the household size and the age of household head in that order are the major factors through which variation in the level of household expenditure on animal protein intake by urban low-income household can be explained and predicted. Income elasticity of household expenditure on fish, chicken, beef and eggs was estimated to be 0.96 which is considered fairly high given the national figure of 0.70. this increase in household monthly income may be a veritable way of stimulating animal protein consumption among low-income urban dwellers. Secondly, it was found out that as a result of high relative prices and low income level the households actually consume less frequently some of those animal products which they desired more (i.e preferred).

scholarly journals DETERMINANTS OF WEDDING CONSUMPTION IN INDONESIA

2021 ◽  
Vol 6 (1) ◽  
pp. 44
Author(s):  
Anida Amirilia Nisa ◽  
Rumayya Rumayya
Keyword(s):  
Sex Education ◽  
Financial Literacy ◽  
Household Income ◽  
Household Head ◽  
Regression Method ◽  
Household Formation ◽  
Expenditure Data ◽  
Production And Distribution ◽  
Wedding Ceremony ◽  
Economic Survey

Marriage unites man and woman in a sacred bond to which economic theories may apply. The economics of marriage includes the analysis of household formation and break up, as well as production and distribution decisions within the household. Marriage usually involves the arrangement of wedding ceremony. Nonetheless, consumption spending on wedding ceremony may differ for each household, depending on their personal preferences. On that account, this study aims to examine the determinants of wedding consumption in Indonesia, which include household income, age, sex, educational attainment, area of residence, and financial literacy level of the household head. This study uses regression method to analyze expenditure data from the National Socio-Economic Survey (Susenas) in 2016. Our findings show that income, age, sex, education, and financial literacy have a significant effect on wedding consumption. This finding has important implications for governments to support the effort to improve financial literacy, especially among couples who are interested in marriageKeywords: Wedding Reception and Ceremonies Expenditures, Marriage Economics, Financial Literacy.JEL: D140, G390, G290

Sign in / Sign up

Export Citation Format

Share Document