Finance and Business Management Journal (FBMJ)
Vol. 1 No. 2 (2023): December

Consumption Over Life Cycle Of Remittances Recipients In Indonesia

Ade Jamal Mirdad (Binus University)
Sutyastie Sumitro Remi (Universitas Padjadjaran)
Ferry Hadiyanto (Universitas Padjadjaran)
Bagdja Muljarijadi (Universitas Padjadjaran)

Article Info

Publish Date
15 Dec 2023

Abstract

Purpose of this study is to examine and analyze the consumption patterns of remittance recipient households using the Life Cycle Hypothesis (LCH) model. Using data from three periods of the IFLS (IFLS 2000, IFLS 2007 and IFLS 2014) and the decomposition of cohort and age effects on consumption, the results show that consumption behavior is not as described as in the LCH theory. The curve of average consumption-age in this remittance recipient household has a "hump shape" pattern.

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Journal Info
Finance and Business Management Journal (FBMJ)
Website

Abbrev

fbmj

Publisher

Universitas Majalengka

Subject

Humanities Economics, Econometrics & Finance Social Sciences

Description

Human Resource Management, Financial Management, Marketing Management, Public Sector Management, Operations Management, Supply Chain Management, Corporate Governance, Business Ethics, Management Accounting and Capital Markets and ...