"http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> MODELLING THE BEHAVIOUR OF HOUSEHOLD’S INVESTMENT | Widayat | Economic Journal of Emerging Markets

MODELLING THE BEHAVIOUR OF HOUSEHOLD’S INVESTMENT

Widayat Widayat, Wahjoedi Wahjoedi, M. Syafi’ie Idrus

Abstract


Household investment has become more important in modern economies. This research builds a behavioural model of investment using a quantitative approach. It tests the effect of socioeconomic condition, financial literacy, and attitudes toward intention and investment decision. The data are collected from 400 heads of household through a structured interview. A sample is selected by a multistage technique. It applies a Structural Equation Modelling to answer the research problem. This paper is successful in constructing a good structural and measurement model to explain the behaviour of the dependent variables in the model.

Keyword: Behavioural model of investment, investment, quantitative, household
JEL classification numbers: D1, D14

Full Text:

PDF

Article Metrics

Metrics Loading ...

Metrics powered by PLOS ALM


Economic Journal of Emerging Markets (EJEM)
ISSN 2086-3128 (print), ISSN 2502-180X (online)
Published by:
Center for Economic Studies, Department of Economics,
Universitas Islam Indonesia, Indonesia.

Creative Commons License
EJEM by http://journal.uii.ac.id/index.php/JEP/ is licensed under a Creative Commons Attribution 4.0 International License.