Household Financial Transaction Data

2021 ◽  
Author(s):  
Scott Baker ◽  
Lorenz Kueng
Keyword(s):  
Transaction Data ◽  
Financial Transaction

scholarly journals Estimating a Structural Model of Herd Behavior in Financial Markets

2014 ◽  
Vol 104 (1) ◽  
pp. 224-251 ◽  
Author(s):  
Marco Cipriani ◽  
Antonio Guarino
Keyword(s):  
Financial Markets ◽  
Structural Model ◽  
Expected Value ◽  
Herd Behavior ◽  
Transaction Data ◽  
Financial Transaction ◽  
Information Event ◽  
Event Uncertainty ◽  
Using Data

We develop a new methodology to estimate herd behavior in financial markets. We build a model of informational herding that can be estimated with financial transaction data. In the model, rational herding arises because of information-event uncertainty. We estimate the model using data on a NYSE stock (Ashland Inc.) during 1995. Herding occurs often and is particularly pervasive on some days. On average, the proportion of herd buyers is 2 percent; that of herd sellers is 4 percent. Herding also causes important informational inefficiencies in the market, amounting, on average, to 4 percent of the asset's expected value. (JEL C58, D82, D83, G12, G14)

Discovering Discontinuity in Big Financial Transaction Data

2018 ◽  
Vol 9 (1) ◽  
pp. 1-26 ◽  
Author(s):  
Suppawong Tuarob ◽  
Ray Strong ◽  
Anca Chandra ◽  
Conrad S. Tucker
Keyword(s):  
Transaction Data ◽  
Financial Transaction

scholarly journals Beliefs about Whether Spending Implies Wealth

2020 ◽  
Author(s):  
Heather Barry Kappes ◽  
Joe J Gladstone ◽  
Hal E Hershfield
Keyword(s):  
Experimental Evidence ◽  
Well Being ◽  
Causal Effects ◽  
Money Management ◽  
Transaction Data ◽  
Financial Transaction ◽  
Consumption Decisions ◽  
Bank Accounts

Abstract Spending is influenced by many factors. One that has received little attention is the meaning that people give to the act of spending. Spending money might imply that someone is relatively wealthy—since they have money to spend—or relatively poor—since spending can deplete assets. We show that people differ in the extent to which they believe that spending implies wealth (SIW beliefs). We develop a scale to measure these beliefs and find that people who more strongly believe that SIW spend their own money relatively lavishly and are, on average, more financially vulnerable. We find correlational evidence for these relationships using objective financial-transaction data, including over 2 million transaction records from the bank accounts of over 2,000 users of a money management app, as well as self-reported financial well-being. We also find experimental evidence by manipulating SIW beliefs and observing causal effects on spending intentions. These results show how underlying beliefs about the link between spending and wealth play a role in consumption decisions, and point to beliefs about the meaning of spending as a fruitful direction for further research.

scholarly journals THE IMPORTANCE OF COMPANY OWNERSHIP AND BUSINESS TRANSACTION DATA INTEGRATION IN SUPPORTING THE EFFORTS TO PREVENT AND ERADICATE CORRUPTION IN INDONESIA

2017 ◽  
Vol 1 (1) ◽  
pp. 71
Author(s):  
Budi Saiful Haris
Keyword(s):  
Data Integration ◽  
Burden Of Proof ◽  
Public Prosecutor ◽  
Government Agencies ◽  
Sources Of Information ◽  
Transaction Data ◽  
The Public ◽  
Business Transaction ◽  
Financial Transaction ◽  
Business Transactions

Corruption is commonly committed by leaving no official trace. In disclosing big corruption cases, investigators are often challenged by defendant who always seeks to make an alibi on the charges of the investigators such as by creating fake or underlying business. The application of the principle of shifting burden of proof by the defendant could actually be detrimental to the prosecution process if the public prosecutor fail to prove to the contrary on the argument or evidence submitted by the defendant who is trying to deny the charge of public prosecutor. Such condition may occur due to the possibility that the defendant could convey some evidence of business transactions and sources of information that might not be successfully acquired by the public prosecutor, law enforcers and other relevant government agencies prior to the prosecution process. In this case, there is a big possibility that the perpetrators have manipulated financial transaction information assisted by the gatekeepers. The following entries parse the root of the problem for the matter and provide recommendations for the integration of business transparency approach to prevent and eradicate corruption by making breakthroughs that could prevent from the usage of fake financial transaction information as the evidence that could obscure the crime of corruption.

scholarly journals Rancangan Pembukuan Akuntansi Berbasis Excel for Accounting Pada Koperasi Jasa Keuangan Syariah (KJKS)

2015 ◽  
Vol 10 (1) ◽  
pp. 13-24
Author(s):  
Novrina Chandra ◽  
Sukartini
Keyword(s):  
Poverty Reduction ◽  
Business Development ◽  
Financial Information ◽  
Financial Statement ◽  
Decision Making Process ◽  
Financial Reports ◽  
Transaction Data ◽  
Financial Transaction ◽  
The Poor ◽  
Good Potential

In order to increase the society empowerment, Government of Padang create a program PKBK-BMT. This program is an integrated activity in order to accelerates poverty reduction, so that thegovernment of Padang form KJKS-BMT in every districts which aims to facilitates the poor society with microfinance and sustainable assistance, so that they can empower themselves. KJKS must convey accountability and financial reports activities to the local government. Therefore it needs accountable, accurate and timely financial statement. Both partners in these activities together are equaly have very good potential business development, but lack in the processing of financial transaction data and in the preparing of qualified financial statement for the decision making process of business development accountability.The results of this activitiy are the design of accounting bookkeeping based on excel for accounting, creating administrators who has ability to operate financial database, analizing and inputting financial transaction on the design of application. Beside, administrators can get the latest financial information at anytime by accessing that application design. The goals are to be known how far this program will run well and if there are some constraints encountered in the field then can immediately discussed with the administrators from both partners.

scholarly journals PENCATATAN DATA TRANSAKSI KEUANGAN PADA USAHA MIKRO DAN KECIL: STUDI KASUS DI KAMPUNG ROTI SURABAYA

2018 ◽  
Vol 1 (02) ◽  
pp. 33-46
Author(s):  
Setiadi Alim Lim ◽  
Galuh Artika Febriyanti
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Business Performance ◽  
Small Enterprises ◽  
Transaction Data ◽  
Financial Transaction ◽  
Micro And Small Enterprises ◽  
Financial Transactions

Research from Dawuda and Azeko (2015) in Bolgatanga Municipality, Ghana found that 75% of small businesses do not record financial transactions and only 25% have recorded financial transactions. This study aims to examine whether 75% of micro and small enterprises such as the findings of Dawuda and Azeko (2015) do not record financial transaction data. In addition, it will also be examined whether the recording of financial transactions data according to micro and small enterprises is useful or not to measure business performance, the need to apply for credit and tax purposes. The object of research is micro and small business in Kampung Roti, Surabaya. From population of 65 micro and small enterprises in Kampung Roti, Surabaya taken 38 micro and small enterprises as sample. The results showed that 75% of micro and small enterprises did not record financial transaction data. According to 75% of micro and small enterprises recording financial transaction data does not provide benefits to measure business performance, the need to apply for credit and tax purposes. There is a relationship between the decision of micro and small enterprises to do or not to record financial transaction data with measuring business performance, the need to apply for credit and tax purposes.

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