文章基本信息

标题：THE IMPORTANCE OF PRECAUTIONARY SAVING MOTIVE AMONG INDONESIAN HOUSEHOLDS
本地全文：下载
作者：Ahmad Zafarullah Abdul Jalil ; Ahmad Zafarullah Abdul Jalil
期刊名称：Journal of Indonesian Economy and Business
印刷版ISSN：2085-8272
电子版ISSN：2338-5847
出版年度：2009
卷号：24
期号：2
页码：221-231
DOI：10.22146/jieb.6325
语种：English
出版社：Universitas Gadjah Mada
摘要：In the developing world, the population is frequently faced with numerous natural, economic, institutional and market risks. Because of these uncertainties, many individuals and households experience difficult periods of unexpected reduction in income. Using panel data from the Indonesian Family Life Survey (IFLS), this paper tests the existence of precautionary saving associated with income risk in Indonesia. The results of the estimation show that the uncertainty variable is not significantly related to the growth of consumption which signifies that Indonesian households do not constitute precautionary saving to smooth their consumption. The finding may be explained by the fact that Indonesian households have in their possession other type of support mechanisms based particularly on inter-generational and -communal solidarity.
关键词：uncertainty; income risks; precautionary savings; consumption smoothing