The Nexus of Risk-Preferences and Poverty in Indonesia
This research aims to identify the relationship between poverty and risk preference in Indonesia empirically. This research employs the Indonesia Family Life Survey 2014 (IFLS5) using the Ordinary Least Square (OLS) and quantile regression approach, one of the most extended longitudinal data, to su...
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Format: | Article |
Language: | English |
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Laboratorium Rekayasa Sosial, Jurusan Sosiologi, FISIP Universitas Bangka Belitung
2023-06-01
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Series: | Society |
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Online Access: | https://society.fisip.ubb.ac.id/index.php/society/article/view/453 |
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author | Siti Aisyah Tri Rahayu Mulyanto Mulyanto Johadi Johadi Muhammad Yusuf Indra Purnama |
author_facet | Siti Aisyah Tri Rahayu Mulyanto Mulyanto Johadi Johadi Muhammad Yusuf Indra Purnama |
author_sort | Siti Aisyah Tri Rahayu |
collection | DOAJ |
description |
This research aims to identify the relationship between poverty and risk preference in Indonesia empirically. This research employs the Indonesia Family Life Survey 2014 (IFLS5) using the Ordinary Least Square (OLS) and quantile regression approach, one of the most extended longitudinal data, to support this research design. The result reveals that poor households are more risk-averse than others across income levels. Moreover, poor people are poorly educated and mostly come from rural and disaster-prone areas. This evidence suggests that poor people from rural communities and disaster-prone regions should be prioritized and empowered to move from poverty zones due to their relatively high vulnerability.
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first_indexed | 2024-03-11T11:18:39Z |
format | Article |
id | doaj.art-8c84036b249b416ea252da5066199b98 |
institution | Directory Open Access Journal |
issn | 2338-6932 2597-4874 |
language | English |
last_indexed | 2024-03-11T11:18:39Z |
publishDate | 2023-06-01 |
publisher | Laboratorium Rekayasa Sosial, Jurusan Sosiologi, FISIP Universitas Bangka Belitung |
record_format | Article |
series | Society |
spelling | doaj.art-8c84036b249b416ea252da5066199b982023-11-10T16:43:45ZengLaboratorium Rekayasa Sosial, Jurusan Sosiologi, FISIP Universitas Bangka BelitungSociety2338-69322597-48742023-06-0111110.33019/society.v11i1.453453The Nexus of Risk-Preferences and Poverty in IndonesiaSiti Aisyah Tri Rahayu0Mulyanto Mulyanto1Johadi Johadi2Muhammad Yusuf Indra Purnama3Universitas Sebelas MaretUniversitas Sebelas MaretUniversitas Sebelas MaretUniversitas Sebelas Maret This research aims to identify the relationship between poverty and risk preference in Indonesia empirically. This research employs the Indonesia Family Life Survey 2014 (IFLS5) using the Ordinary Least Square (OLS) and quantile regression approach, one of the most extended longitudinal data, to support this research design. The result reveals that poor households are more risk-averse than others across income levels. Moreover, poor people are poorly educated and mostly come from rural and disaster-prone areas. This evidence suggests that poor people from rural communities and disaster-prone regions should be prioritized and empowered to move from poverty zones due to their relatively high vulnerability. https://society.fisip.ubb.ac.id/index.php/society/article/view/453HouseholdIndonesia Family Life Survey (IFLS)PovertyRisk Preference |
spellingShingle | Siti Aisyah Tri Rahayu Mulyanto Mulyanto Johadi Johadi Muhammad Yusuf Indra Purnama The Nexus of Risk-Preferences and Poverty in Indonesia Society Household Indonesia Family Life Survey (IFLS) Poverty Risk Preference |
title | The Nexus of Risk-Preferences and Poverty in Indonesia |
title_full | The Nexus of Risk-Preferences and Poverty in Indonesia |
title_fullStr | The Nexus of Risk-Preferences and Poverty in Indonesia |
title_full_unstemmed | The Nexus of Risk-Preferences and Poverty in Indonesia |
title_short | The Nexus of Risk-Preferences and Poverty in Indonesia |
title_sort | nexus of risk preferences and poverty in indonesia |
topic | Household Indonesia Family Life Survey (IFLS) Poverty Risk Preference |
url | https://society.fisip.ubb.ac.id/index.php/society/article/view/453 |
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