Askar, Media Wahyudi; Ouattara, Bazoumana; Zhang, Yin-Fang - 2020
and policy makers alike. This paper employs data from a nationally representative survey in Indonesia to investigate the … impact of financial literacy on poverty, which is a downstream welfare indicator. Consequently, we have constructed a … composite financial literacy index. Our results reveal that financial literacy plays an important role in reducing poverty. This …