THE The Comparison of Farmer's Gender in Financial Literacy

Abstract

This study has a purpose is to examine differences between male and female farmers in the financial literacy index. The data used are primary data taken directly from the field through questionnaires. It is constructed according to three indicators of financial literacy concept namely financial behaviour, financial knowledge and financial attitude. The analytical method applied to see differences in financial literacy between gender groups is to use a non-parametric test, namely the Wilcoxon test. The finding of Wilcoxon test showed that the difference in the level of financial literacy between male and female farmers is not statistically significant. In addition, from the deeper analysis of survey data discovered female farmers seem to have financial knowledge and good behaviour in finance more than male. On the other hand, male farmers are quite better in financial attitude than female.