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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
Keyword: Behavioural model of investment, investment, quantitative, household
JEL classification numbers: D1, D14
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Economic Journal of Emerging Markets by Center for Economic Studies, Universitas Islam Indonesia is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
How to Cite
Widayat, W., Wahjoedi, W., & Idrus, M. S. (2011). MODELLING THE BEHAVIOUR OF HOUSEHOLD’S INVESTMENT. Economic Journal of Emerging Markets, 3(2), 165–177. https://doi.org/10.20885/ejem.v3i2.2328