A NEW ECONOMIC PERSPECTIVE: UNDERSTANDING THE IMPACT OF DIGITAL FINANCIAL INCLUSION ON INDONESIAN HOUSEHOLDS CONSUMPTION

Authors

Alwahidin N, Institut Agama Islam Negeri KendariFollow
Arlita Jufra, Institut Agama Islam Negeri KendariFollow
Beti Mulu, Institut Agama Islam Negeri KendariFollow
Kiki Novita Sari, Institut Agama Islam Negeri KendariFollow

Document Type

Article

Abstract

This study is based on the cross-sectional per capita household consumption data sourced from the Indonesian family life survey (IFLS) in wave 5, 2014. These data are analyzed to determine how digital financial inclusion impacts household consumption in Indonesia. Our findings reveal that the increased household consumption is significantly associated with the internet usage index. We further conclude that household consumption significantly increased due to the digital finance, especially in households with fewer assets, lower financial literacy, and lower incomes.

Recommended Citation

N, Alwahidin; Jufra, Arlita; Mulu, Beti; and Sari, Kiki Novita (2023) "A NEW ECONOMIC PERSPECTIVE: UNDERSTANDING THE IMPACT OF DIGITAL FINANCIAL INCLUSION ON INDONESIAN HOUSEHOLDS CONSUMPTION," Bulletin of Monetary Economics and Banking: Vol. 26: No. 2, Article 6.
DOI: https://doi.org/10.59091/1410-8046.2070
Available at: https://bulletin.bmeb-bi.org/bmeb/vol26/iss2/6

First Page

211

Last Page

252

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License

Country

Indonesia

Affiliation

Institut Agama Islam Negeri Kendari