{"id":"https://openalex.org/W4220764402","doi":"https://doi.org/10.3846/btp.2022.10789","title":"THE IMPACT OF FINANCIAL TECHNOLOGY ON CONSUMPTION FUNCTION OF THE THEORY OF ABSOLUTE INCOME HYPOTHESIS: A PARTIAL ADJUSTMENT MODEL APPROACH (THE INDONESIAN EVIDENCE)","display_name":"THE IMPACT OF FINANCIAL TECHNOLOGY ON CONSUMPTION FUNCTION OF THE THEORY OF ABSOLUTE INCOME HYPOTHESIS: A PARTIAL ADJUSTMENT MODEL APPROACH (THE INDONESIAN EVIDENCE)","publication_year":2022,"publication_date":"2022-03-18","ids":{"openalex":"https://openalex.org/W4220764402","doi":"https://doi.org/10.3846/btp.2022.10789"},"language":"en","primary_location":{"id":"doi:10.3846/btp.2022.10789","doi":"https://doi.org/10.3846/btp.2022.10789","is_oa":true,"landing_page_url":"https://doi.org/10.3846/btp.2022.10789","pdf_url":"https://journals.vilniustech.lt/index.php/BTP/article/download/10789/11072","source":{"id":"https://openalex.org/S4306505307","display_name":"Verslas teorija ir praktika","issn_l":"1648-0627","issn":["1648-0627","1822-4202"],"is_oa":true,"is_in_doaj":true,"is_core":false,"listed_in":["doaj","erih-plus","norway-1","poland-20","vabb-shw"],"host_organization":"https://openalex.org/P4310317518","host_organization_name":"Vilnius Gediminas Technical University","host_organization_lineage":["https://openalex.org/P4310317518"],"host_organization_lineage_names":["Vilnius Gediminas Technical University"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Business: Theory and Practice","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://journals.vilniustech.lt/index.php/BTP/article/download/10789/11072","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5033518710","display_name":"Birgitta Dian Saraswati","orcid":"https://orcid.org/0000-0002-8977-201X","observed_orcids":["https://orcid.org/0000-0002-8977-201X"]},"institutions":[{"id":"https://openalex.org/I157219812","display_name":"Satya Wacana Christian University","ror":"https://ror.org/009nnre75","country_code":"ID","type":"education","lineage":["https://openalex.org/I157219812"]},{"id":"https://openalex.org/I177055848","display_name":"University of Brawijaya","ror":"https://ror.org/01wk3d929","country_code":"ID","type":"education","lineage":["https://openalex.org/I177055848"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Birgitta Dian Saraswati","raw_affiliation_strings":["Faculty of Economics and Business, Brawijaya University, Malang, Indonesia; Faculty of Economics and Business, Satya Wacana Christian University, Salatiga, Indonesia","Faculty of Economics and Business, Brawijaya University, Malang, Indonesia"],"raw_orcid":"https://orcid.org/0000-0002-8977-201X","affiliations":[{"raw_affiliation_string":"Faculty of Economics and Business, Brawijaya University, Malang, Indonesia; Faculty of Economics and Business, Satya Wacana Christian University, Salatiga, Indonesia","institution_ids":["https://openalex.org/I157219812","https://openalex.org/I177055848"]},{"raw_affiliation_string":"Faculty of Economics and Business, Brawijaya University, Malang, Indonesia","institution_ids":["https://openalex.org/I177055848"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5053246532","display_name":"Ghozali Maski","orcid":"https://orcid.org/0000-0002-5769-4782","observed_orcids":["https://orcid.org/0000-0002-5769-4782"]},"institutions":[{"id":"https://openalex.org/I177055848","display_name":"University of Brawijaya","ror":"https://ror.org/01wk3d929","country_code":"ID","type":"education","lineage":["https://openalex.org/I177055848"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Ghozali Maski","raw_affiliation_strings":["Faculty of Economics and Business, Brawijaya University, Malang, Indonesia"],"raw_orcid":"https://orcid.org/0000-0002-5769-4782","affiliations":[{"raw_affiliation_string":"Faculty of Economics and Business, Brawijaya University, Malang, Indonesia","institution_ids":["https://openalex.org/I177055848"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5081264480","display_name":"David Kaluge","orcid":"https://orcid.org/0000-0002-3369-6759","observed_orcids":["https://orcid.org/0000-0002-3369-6759"]},"institutions":[{"id":"https://openalex.org/I177055848","display_name":"University of Brawijaya","ror":"https://ror.org/01wk3d929","country_code":"ID","type":"education","lineage":["https://openalex.org/I177055848"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"David Kaluge","raw_affiliation_strings":["Faculty of Economics and Business, Brawijaya University, Malang, Indonesia"],"raw_orcid":"https://orcid.org/0000-0002-3369-6759","affiliations":[{"raw_affiliation_string":"Faculty of Economics and Business, Brawijaya University, Malang, Indonesia","institution_ids":["https://openalex.org/I177055848"]}]},{"author_position":"last","author":{"id":null,"display_name":"Rachmad Kresna Sakti","orcid":"https://orcid.org/0000-0001-6702-8292","observed_orcids":["https://orcid.org/0000-0001-6702-8292"]},"institutions":[{"id":"https://openalex.org/I177055848","display_name":"University of Brawijaya","ror":"https://ror.org/01wk3d929","country_code":"ID","type":"education","lineage":["https://openalex.org/I177055848"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Rachmad Kresna Sakti","raw_affiliation_strings":["Faculty of Economics and Business, Brawijaya University, Malang, Indonesia"],"raw_orcid":"https://orcid.org/0000-0001-6702-8292","affiliations":[{"raw_affiliation_string":"Faculty of Economics and Business, Brawijaya University, Malang, Indonesia","institution_ids":["https://openalex.org/I177055848"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":{"value":300,"currency":"EUR","value_usd":323},"apc_paid":{"value":300,"currency":"EUR","value_usd":323},"fwci":2.0937,"has_fulltext":true,"cited_by_count":13,"citation_normalized_percentile":{"value":0.88557347,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"23","issue":"1","first_page":"109","last_page":"116"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.8101000189781189,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.8101000189781189,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.09989999979734421,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13346","display_name":"Digital Transformation in Financial Services","score":0.03739999979734421,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/fintech","display_name":"fintech","score":0.9909999966621399},{"id":"https://openalex.org/keywords/household-consumption","display_name":"household consumption","score":0.7609999775886536},{"id":"https://openalex.org/keywords/absolute-income-hypothesis","display_name":"absolute income hypothesis","score":0.9150000214576721},{"id":"https://openalex.org/keywords/partial-adjustment-model","display_name":"partial adjustment model","score":0.8650000095367432},{"id":"https://openalex.org/keywords/structural-breaks","display_name":"structural breaks","score":0.6600000262260437},{"id":"https://openalex.org/keywords/consumption-function","display_name":"consumption function","score":0.7820000052452087},{"id":"https://openalex.org/keywords/indonesia","display_name":"Indonesia","score":0.5550000071525574},{"id":"https://openalex.org/keywords/inflation-risk","display_name":"inflation risk","score":0.4740000069141388}],"concepts":[{"id":"https://openalex.org/C30772137","wikidata":"https://www.wikidata.org/wiki/Q5164762","display_name":"Consumption (sociology)","level":2,"score":0.7898121476173401},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.750377357006073},{"id":"https://openalex.org/C2779207338","wikidata":"https://www.wikidata.org/wiki/Q9240","display_name":"Indonesian","level":2,"score":0.7179287672042847},{"id":"https://openalex.org/C169488363","wikidata":"https://www.wikidata.org/wiki/Q1398935","display_name":"Consumption function","level":3,"score":0.6346642971038818},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.5232440829277039},{"id":"https://openalex.org/C204208750","wikidata":"https://www.wikidata.org/wiki/Q1519415","display_name":"Short run","level":2,"score":0.4502628445625305},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.35825657844543457},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.34193307161331177},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3403269648551941},{"id":"https://openalex.org/C4249254","wikidata":"https://www.wikidata.org/wiki/Q3044431","display_name":"Demographic economics","level":1,"score":0.3201272487640381},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.2846441864967346},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C36289849","wikidata":"https://www.wikidata.org/wiki/Q34749","display_name":"Social science","level":1,"score":0.0},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.3846/btp.2022.10789","doi":"https://doi.org/10.3846/btp.2022.10789","is_oa":true,"landing_page_url":"https://doi.org/10.3846/btp.2022.10789","pdf_url":"https://journals.vilniustech.lt/index.php/BTP/article/download/10789/11072","source":{"id":"https://openalex.org/S4306505307","display_name":"Verslas teorija ir praktika","issn_l":"1648-0627","issn":["1648-0627","1822-4202"],"is_oa":true,"is_in_doaj":true,"is_core":false,"listed_in":["doaj","erih-plus","norway-1","poland-20","vabb-shw"],"host_organization":"https://openalex.org/P4310317518","host_organization_name":"Vilnius Gediminas Technical University","host_organization_lineage":["https://openalex.org/P4310317518"],"host_organization_lineage_names":["Vilnius Gediminas Technical University"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Business: Theory and Practice","raw_type":"journal-article"},{"id":"pmh:oai:doaj.org/article:cadd62567fd7491ab14dd15833c22d68","doi":null,"is_oa":true,"landing_page_url":"https://doaj.org/article/cadd62567fd7491ab14dd15833c22d68","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Business: Theory and Practice, Vol 23, Iss 1 (2022)","raw_type":"article"}],"best_oa_location":{"id":"doi:10.3846/btp.2022.10789","doi":"https://doi.org/10.3846/btp.2022.10789","is_oa":true,"landing_page_url":"https://doi.org/10.3846/btp.2022.10789","pdf_url":"https://journals.vilniustech.lt/index.php/BTP/article/download/10789/11072","source":{"id":"https://openalex.org/S4306505307","display_name":"Verslas teorija ir praktika","issn_l":"1648-0627","issn":["1648-0627","1822-4202"],"is_oa":true,"is_in_doaj":true,"is_core":false,"listed_in":["doaj","erih-plus","norway-1","poland-20","vabb-shw"],"host_organization":"https://openalex.org/P4310317518","host_organization_name":"Vilnius Gediminas Technical University","host_organization_lineage":["https://openalex.org/P4310317518"],"host_organization_lineage_names":["Vilnius Gediminas Technical University"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Business: Theory and Practice","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4220764402.pdf","grobid_xml":"https://content.openalex.org/works/W4220764402.grobid-xml"},"referenced_works_count":27,"referenced_works":["https://openalex.org/W350672095","https://openalex.org/W1572814026","https://openalex.org/W1755880734","https://openalex.org/W2031480312","https://openalex.org/W2058428373","https://openalex.org/W2134877661","https://openalex.org/W2135754451","https://openalex.org/W2163203456","https://openalex.org/W2184518630","https://openalex.org/W2304901225","https://openalex.org/W2471741050","https://openalex.org/W2606029730","https://openalex.org/W2620939074","https://openalex.org/W2749341287","https://openalex.org/W2795321837","https://openalex.org/W2806908669","https://openalex.org/W2949275174","https://openalex.org/W2973338680","https://openalex.org/W2986610118","https://openalex.org/W3000262216","https://openalex.org/W3011403122","https://openalex.org/W3027285460","https://openalex.org/W3140987987","https://openalex.org/W4392630473","https://openalex.org/W4413776663","https://openalex.org/W6742974068","https://openalex.org/W7043702172"],"related_works":["https://openalex.org/W3017895630","https://openalex.org/W4380538318","https://openalex.org/W4226138128","https://openalex.org/W2891996479","https://openalex.org/W3011403122","https://openalex.org/W6991743271","https://openalex.org/W7216458153","https://openalex.org/W4387504044","https://openalex.org/W4405397853","https://openalex.org/W4294958198"],"abstract_inverted_index":{"Households":[0],"are":[1,17,131],"economic":[2,11,144],"actors":[3],"that":[4,20,82,98,109,124,142,155,164],"play":[5],"a":[6,18,22,132],"significant":[7],"role":[8],"in":[9,25,71,100,116,146],"the":[10,33,43,46,52,59,64,74,91,103,126,129,140,149,152,158],"condition.":[12],"Thus,":[13],"households\u2019":[14,68],"consumption":[15,40,69],"expenditures":[16],"variable":[19],"deserves":[21],"through":[23],"analysis":[24],"an":[26],"economy.":[27],"This":[28],"study":[29],"aims":[30],"to":[31,62,135,160,168],"identify":[32],"impact":[34],"of":[35,45,77,90,93],"financial":[36,94,110],"technology":[37,95,111],"on":[38,67,125,137],"household":[39],"by":[41],"using":[42],"theory":[44],"absolute":[47],"income":[48],"hypothesis.":[49],"We":[50],"use":[51],"partial":[53,104],"adjustment":[54,105],"model":[55,106],"(PAM)":[56],"approach":[57],"and":[58,119],"Chow":[60],"test":[61],"detect":[63],"structural":[65,87],"change":[66,88],"function":[70,85],"Indonesia":[72],"with":[73],"observation":[75],"period":[76],"1990\u20132017.":[78],"The":[79,121],"results":[80,153],"demonstrate":[81],"Indonesian":[83,114],"households\u2019consumption":[84,115],"exhibits":[86],"because":[89],"development":[92],"3.0":[96],"era":[97],"started":[99],"2000.":[101],"Besides,":[102],"also":[107],"suggests":[108],"positively":[112],"affects":[113],"both":[117],"short-run":[118],"long-run.":[120],"findings":[122,130],"imply":[123],"one":[127],"hand,":[128,151],"positive":[133],"signal":[134],"rely":[136],"finteh":[138],"as":[139],"factor":[141],"encourages":[143],"growth":[145],"Indonesia.":[147],"On":[148],"other":[150],"indicate":[154],"fintech":[156],"motivates":[157],"public":[159],"be":[161],"more":[162],"consumptive":[163],"will":[165],"potentially":[166],"lead":[167],"higher":[169],"inflation":[170],"rates.":[171]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":5},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":1}],"updated_date":"2026-11-07T11:25:07.637180","created_date":"2022-04-03T00:00:00"}