Jurnal Keuangan dan Perbankan Universitas Merdeka Malang
Credit access and happiness: Evidence from Indonesia
Dublin Core
Title
Jurnal Keuangan dan Perbankan Universitas Merdeka Malang
Credit access and happiness: Evidence from Indonesia
Credit access and happiness: Evidence from Indonesia
Subject
Credit Access, Households, IFLS, Happiness, Indonesia
Description
The objective of this study is to investigate household credit access and its impact on happiness. We use data from the Indonesia Family Life Survey (IFLS) and employ Ordinary Least Square (OLS) as well as an Ordered Probit approach to test our empirical framework. Our results reveal that per capita expenditure has positively affects the probability of being granted credit, and people in urban communities benefit more from
accessing credit than those in rural areas also document that those who successfully obtain credit tend to increase their probability of being happy. We then recommend an improvement in access to credit, particularly for poor people and those who live in rural communities, as an important policy implication. In addition, a better financial capability
and financial literacy should be improved continuously to ensure the positive impact of
credit on happiness as the ultimate goal in life.
accessing credit than those in rural areas also document that those who successfully obtain credit tend to increase their probability of being happy. We then recommend an improvement in access to credit, particularly for poor people and those who live in rural communities, as an important policy implication. In addition, a better financial capability
and financial literacy should be improved continuously to ensure the positive impact of
credit on happiness as the ultimate goal in life.
Creator
Siti Aisyah Tri Rahayu, Mulyanto, Johadi, Muhammad Yusuf Indra Purnama
Source
DOI: 10.26905/jkdp.v26i3.7551
Publisher
Universitas Merdeka Malang
Date
July 2022
Contributor
Sri Wahyuni
Rights
ISSN: 2443-2687 (Online) ISSN: 1410-8089 (Print)
Format
PDF
Language
English
Type
Text
Coverage
Jurnal Keuangan dan Perbankan Universitas Merdeka Malang
Files
Collection
Citation
Siti Aisyah Tri Rahayu, Mulyanto, Johadi, Muhammad Yusuf Indra Purnama, “Jurnal Keuangan dan Perbankan Universitas Merdeka Malang
Credit access and happiness: Evidence from Indonesia,” Repository Horizon University Indonesia, accessed November 21, 2024, https://repository.horizon.ac.id/items/show/4859.
Credit access and happiness: Evidence from Indonesia,” Repository Horizon University Indonesia, accessed November 21, 2024, https://repository.horizon.ac.id/items/show/4859.