International journal of economic perspectives

Determinants of gold investment decisions on generation Z in Bali

Ni Luh Yuli Wulan Artini, Gede Sri Darma — Wed, 05 Jun 2024 00:00:00 +0000

The purpose of this study is to determine the relationship between Investment Literacy, Perceived Risk, Subjective Norm, the influence of Perceived Behavior Control and Social media owned by Generation Z consumers in Bali on their decision to invest in gold. The population of this study includes Generation Z who were born after 1996, have invested in gold and live in Bali. The data analysis technique used is SEM-PLS. The results of this study found that there is a significant influence between Investment literacy in the gold investment decision of Generation Z in Bali, there is a significant influence between Perceived risk in the gold investment decision of Generation Z in Bali, there is no significant influence of subjective norm on the gold investment decision of Generation Z in Bali, there is a significant influence between Perceived behavior control in the gold investment decision of Generation Z in Bali, there is a significant moderating effect by the use of Social media on the relationship between investment literacy in the gold investment decision of Generation Z in Bali, There is a significant moderating effect by the use of Social media on the relationship between Perceived behavior control in Generation Z's gold investment decisions in Bali, there is no significant moderating effect by the use of Social media on the relationship between Subjective norm in Generation Z's gold investment decisions in Bali, and there is a significant moderating effect by the use of Social media on the relationship between Perceived risk in Generation Z's gold investment decisions in Bali.

How organizational culture and job satisfaction effect on OCB

Thu, 06 Jun 2024 00:00:00 +0000

Organizations improve employee performance by developing the quality of their human resources. The purpose of this research is to test the mediation of Organizational Citizenship Behavior (OCB) on the influence of organizational culture and job satisfaction on employee performance. Data collection was carried out through a survey with a questionnaire instrument among employees of PT Madubaru Bantul Yogyakarta. Process the data using multiple regression analysis and Sobel test. Research findings state that organizational culture and job satisfaction influence performance mediated by OCB. There was no direct influence of organizational culture on employee performance.

The effect of investment, absorbed labor through economic growth on the human development index (IPM) in the Regency/City of South Kalimantan Province in 2013-2022

Muhammad Sailluddin, Noor Rahmini, Saipudin — Tue, 25 Jun 2024 00:00:00 +0000

Investment in South Kalimantan Province from 2013 to 2022 will experience variations. Meanwhile, the number of workers absorbed during the same period has increased. Regional economic growth over the last few years has varied and the HDI is below the Indonesian average. Aims to analyze the influence of investment and labor absorption through economic growth on HDI in 13 Regencies and Cities of South Kalimantan Province, using data for 2013-2022. E-Views 12 software was used in the path analysis method. These results indicate that investment and absorbed labor simultaneously influence economic growth. Apart from that, investment, absorbed labor and economic growth directly influence HDI. However, HDI is not influenced indirectly by investment or labor absorbed by economic growth.

Does Entrepreneurship improve Income Distribution in Africa?

Mark Kunawotor, Raymond Dziwornu, Michael Soku, Prince Fonu — Thu, 20 Jun 2024 00:00:00 +0000

In this study, we examine the impacts that variant measures of entrepreneurship have on income inequality. We use the system Generalized Method of Moments estimation strategy on a panel data of some African countries for the period 1990 – 2017. The findings reveal that entrepreneurial activities do not improve income distribution in Africa even though self-employment has been appreciable in the continent. This can partly be explained by the economic motives for the entrepreneurial drives and the fact that average income in self-employment is significantly much lower than in paid employment. Also, total entrepreneurial activity exhibits a non-monotonic and U-shaped effect on income inequality with a threshold of 20.40 percent. These findings are robust to other alternative measures of entrepreneurship. The findings suggest that public policies must be directed towards promoting more opportunity entrepreneurs rather than necessity entrepreneurs if income distribution is to be improved.

Digital Financial Services, Financial Inclusion and Economic Growth: Evidence from MENA region

jihene khalifa — Thu, 20 Jun 2024 00:00:00 +0000

This research investigates the impact of digital financial services and financial inclusion indicators on MENA countries ‘s economic growth rate. Using an Autoregressive Distributed Lag (ARDL) model for the period 2004-2021, the study examines the relationship between Gross Domestic Product (GDP) growth and indicators of digital financial services and financial inclusion such as the number of commercial bank branches, borrowers, and ATMs, as well as the number of internet users. The analysis reveals both a long-term equilibrium relationship and a short-term relationship between digital financial inclusion variables and economic growth. Results indicate a positive relationship between the number of bank branches and economic growth in the short and the long term in MENA region. In addition to that, borrowers have a positive association with economic growth in the long run. Moreover, the number of ATMs demonstrates a positive impact on GDP growth in the short run. This finding suggests that providing a sufficient number of ATMs is crucial to fostering economic activity.

Green Wheels: Investigating Consumer Attitudes and Preferences towards Electric Vehicles in India

Ratna Vadra — Thu, 20 Jun 2024 00:00:00 +0000

Electric cars are becoming increasingly popular in India due to their environmental benefits and cost-effectiveness in the long run. The interest in electric transportation infrastructure has been renewed because of the environmental impact of the fossil fuel-based transportation infrastructure, along with the rising oil prices. Diversification of fuels in transport sector and energy security issues are addressed by electrifying transportation and facilitating the transition to sustainable energy. Due to their extremely low to zero carbon emissions, low noise, and excellent efficiency, EVs are a technology that holds promise for creating a sustainable transportation industry. Electric vehicles (EVs) are the future of transportation, and governments worldwide are pushing for faster adoption. However, despite governments introducing EV policies, the market adoption of EVs is very low. Consumer buying behavior along with their perceptions towards electric vehicles in India will be examined in this paper. This paper examines the potential market for electric cars in India and evaluate consumer attitudes toward them.

Interplay Between Economic Policy Uncertainty and Financial Market Dynamics: A Multiscale Investigation

anyssa trimech, Roua Mili — Fri, 21 Jun 2024 00:00:00 +0000

This work explores how political announcements and news can create economic uncertainty, impacting investor sentiment and stock market performance. The study employs multiscale analysis to examine the economic policy uncertainty (EPU) index as an additional explanatory factor for stock returns. Empirical findings show that the uncertainty risk factor adds value to asset pricing models by acting as a proxy for measuring uncertainty. The effect of this risk factor is sensitive to time and portfolio, leading to changes in the significance, sign, and value of estimated risk premiums. It is observed that the magnitude of uncertainty's impact varies across different investor behaviors and time scales. This research highlights the importance of considering EPU as a key factor influencing stock market performance, ultimately contributing to a deeper understanding of the complexities surrounding economic uncertainty and its effects on financial markets.

LABOUR MARKET EFFICIENCY, TECHNOLOGICAL READINESS, FINANCIAL ACCESS, COST OF REMITTANCE, AND EDUCATIONAL ATTAINMENT, ON FINANCIAL DEVELOPMENT IN AFRICA, A MODERATING EFFECT OF POLITICAL STABILITY

Nicholas Bamegne Nambie, Dorcas Oye Haywood-Dadzie, James Narh AYERTEY — Wed, 12 Jun 2024 00:00:00 +0000

The objective of this study is to analyse the impact of educational attainment, technological proficiency, labour market efficacy, and financial accessibility on the progress of financial development in Africa. The research utilized a two-step system generalized method of moments (GMM) estimator, ordinary least square method, and random effect model to analyse panel data pertaining to African countries from 2002 to 2023. Consideration is given to the moderating effect of political stability on the model variables. Financial development in Africa is significantly and positively correlated with labour market efficiency, financial access, technological readiness, and educational attainment, according to the study's findings. Furthermore, there exists a substantial relationship between the moderation effect of political stability and each of the independent and dependent variables. Policymakers are advised to enact comprehensive regulatory reforms in order to guarantee the stability, transparency, and inclusivity of the financial system. Policy makers may also allocate resources towards enhancing the capabilities of regulatory bodies and financial institutions, concurrently encouraging the growth and implementation of digital financial services, including e-wallets and mobile banking. Further investigation is warranted regarding the utilization and implementation of mobile money, and digital payment systems.