Wahjoedi Wahjoedi
Jurusan Teknik Sipil Politeknik Negeri Semarang (POLINES) Jl. Prof. H. Soedarto, SH Tembalang, Semarang Telp. (024) 7473417

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Journal : Economic Journal of Emerging Markets

MODELLING THE BEHAVIOUR OF HOUSEHOLD’S INVESTMENT Widayat, Widayat; Wahjoedi, Wahjoedi; Idrus, M. Syafi’ie
Economic Journal of Emerging Markets Volume 3 Issue 2, 2011
Publisher : Universitas Islam Indonesia

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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, householdJEL classification numbers: D1, D14