Financial Income Research Articles

PEMANFAATAN POTENSI AGROMARITIM KOTA BATAM UNTUK KESEJAHTERAAN MASYARAKAT REMPANG

This article intends to review agromaritime potential within the scope of aquaculture, capture fisheries and fisheries processing in Batam City where Rempang Island is located. Only a small portion of this potential has been used by the community. This article hopes that it can be compatible and give a new perspective to the Program Strategis Nasional (PSN), or become an alternative to other development programs if the PSN is suspended. Batam City's agromaritime sector has high economic potential. From aquaculture alone, the economic potential is estimated at IDR 2.62 trillion/year, originating from mariculture production, brackish water aquaculture and freshwater aquaculture. This development potential is faced with issues and problems of human resource capacity (fish farmers) and institutions, the availability of production inputs, especially feed and seeds at the right time, right quantity, right quality, and right price (4T), and the decline in water quality due to physical industrial development. The recommendation for the Batam City Government is to prioritize development of the agromaritime industry, especially aquaculture, capture fisheries and fisheries processing. This sector is more in line with the socio-culture of the local community and is thought to be more sustainable, apart from making a very high economic contribution. This sector is believed to be able to provide prosperity to the community and financial income to the city government and central government.

Digital Economy: Legal and Economic Status on the Example of the EAEU

The article discusses the legal and economic aspects of the development of the digital economy, highlighting the main elements of the digital economy, which become fundamental in the presence of digital platforms and the digital environment. The active implementation of information and communication technologies creates the basis for digital platforms for the introduction of new technologies and information relations based on the use of artificial intelligence, global industrial Internet networks of things and services, and big data technology. The development of services for the provision of online services, the development of online stores in new forms, the improvement of information sites, online communities and other forms of digital transformation of the economy, make it possible to extract more and more financial income by processing and providing more information through the digitalization of goods and services produced. The experience of introducing the digital agenda in the EAEU, including in trade relations, was studied, directions for digital transformation in the formation and development of the digital economy of the EAEU, aimed at creating a common information environment, including in the Internet space, were noted and proposed.

Financial deepening on income inequality: A quantitative meta-analysis study

AbstractThere exists a vast empirical literature on Financial Sector Development (FSD) and the income inequality nexus; however, it lacks consensus. To study this, 24 studies with 87 regression estimates on financial institution depth and income inequality were collected. This paper used the most common method of economic meta-analysis, the Partial Correlation Coefficient (PCC), to answer the question: What is the magnitude and impact, if any, of financial institution depth on income inequality? In addition, a multivariate meta-regression model was used to find moderator variables that produced mixed results in the literature. The results show that the global average comovement of financial institution depth (domestic credit) on income inequality is very small but positive; suggesting that growth in domestic credit may widen income inequality. The positive correlation between domestic credit and income inequality highlights how financial institutions use household income and collateral as a signal when deciding on credit applications. Finally, the multivariate regression results suggest that the present heterogeneity within the literature stems from different methodologies and control variables included in the econometric models, and panel studies that mix countries with heterogeneous characteristics. These suggest that different components of FSD may impact income inequality differently.

The Role of Financial Knowledge, Income Level, Financial Behavior, and Regret Experience in Shaping Investment Decisions: A Study of Sme Business Owners With Locus of Control as A Mediator

This research aims to examine investment decisions influenced by financial knowledge, income level, financial behavior, regret experience, and locus of control. This research differs from previous research, namely using the locus of control variable as a mediating variable and adding the financial behavior variable and the regret experience variable as independent variables. The investment decisions examined in this research focus on investment. As for population and sample methodology, was MSME business actors in Banjarnegara, Indonesia who already had a legal permit; using the purposive sampling method, the sampling is 180 respondents which was obtained from the Slovin formula calculation. Data analysis techniques use Structural Equation Model (SEM) PLS. The results of this study state that: first, financial knowledge and regret experience have no effect on locus of control, while income level and financial behavior have an positive effect on locus of control. second, financial knowledge, income level, financial behavior and experience of regret influence investment decisions. third, locus of control cannot mediate the influence of financial knowledge and experience of regret on investment decisions, but on the influence of income level and financial behavior on investment decisions, locus of control has a mediating role.

Financial Development and Income Inequality: The Case of Ecuador

Financial development, characterized by the growth and sophistication of the financial system, is crucial for the global economy, since it facilitates investment, savings and the efficient allocation of resources, in addition to contributing to the reduction of poverty and inequality by allowing, broader access to financial services. Ecuador has experienced significant changes in its financial system during recent decades, such as dollarization, liberalization, digitalization, diversification of services, and strengthening of regulation and supervision. The research focuses on establishing the influence of financial development on income inequality. The autoregressive distribution of lags (ARDL) methodology was used with the purpose of identifying short- and long-term relationships. The variables included are the Gini index, financial development, financial instability, public social spending, and final consumption spending by resident households, trade openness and gross fixed capital formation. After applying the ARDL model, the main results show that credit allocation to the private sector plays a significant role in reducing income inequality, and its effect intensifies over time. Received: 22 October 2023 / Accepted: 9 April 2024 / Published: 5 May 2024

Financial deepening does cause income growth of rural residents: Insights from the relationship between government and market in China

This paper examines the impacts of government-market relation (measured by the degree of marketization) on the link between financial deepening and income growth of rural residents. Using macro panel data covering a period from 2010 to 2021 across 31 provincial administrative regions in China, we create an interaction variable that captures the interplay between financial deepening and the degree of marketization. Employing a fixed effects model and a dynamic panel regression model, we derive three robust findings from the regression analysis: (1) the higher the degree of marketization, the stronger the promotion effect of financial deepening on the growth of rural residents' income, with a one-year lag effect; (2) the higher the degree of marketization, the stronger the promotion effect of financial deepening on the wage income of rural residents, with a one-year lag effect; (3) the higher marketization fails to create the promotion effects of financial deepening on the net business income and net property income of rural residents. These results suggest that financial deepening aimed at raising rural residents' incomes in provinces, where China's marketization has slowed down, stagnated, or retrogressed, will have difficulty reaching its goals, and that some of the financial and economic problems affecting the growth of rural residents' business and property incomes remain unresolved.

Rancang Bangun Sistem Informasi Kas pada Ikatan Remaja Pesantren Akmaliah Berbasis Web

Ikatan Remaja Pondok Pesantren Akmaliah (IKRA) is a management organization within the Akmaliah Islamic Boarding School. Akmaliah Islamic Boarding School is a place for teaching or studying Islamic teachings. Based on information from one of the administrators of the IKRA organization, there are problems with the management system and cash contributions at this organization called IKRA. In the previous cash system, recording of outgoing and incoming funds was still done manually and information about the recording was still done manually, namely through the WhatsApp Group social media application. This research aims to develop a Web-based cash information system for the Akmaliah Islamic Boarding School Youth Association Organization. The development of this system was carried out using the PHP programming language with the database management used being MySQL. The results of developing this system produce a cash management website that can be managed by every IKRA member online via the website which includes managing and recording outgoing and incoming funds, thereby increasing efficiency and transparency in managing the organization's cash.

How do the Working Conditions of a Healthcare Worker Affect Family Life?: Seeing Through the Eyes of Healthcare Worker Spouses

Aim: In this study, it is aimed to evaluate the relationship between the working conditions of healthcare workers and their family life from the perspective of the spouses of healthcare workers. Method: The research is a descriptive and cross-sectional study. The data of the study were collected from 146 physicians and nurse spouses in the form of an online questionnaire. Results: It was determined that 68.5% of the participants were male, 69.9% of them were non-health personnel, 90.4% of them did not work shifts and the mean age was 41.79±7.74. It was determined that 74% of the health workers were nurses and 40.4% of them worked in internal clinics. The participants stated that they did not find their spouses' financial income sufficient (68.5%), they were generally unhappy when their spouses came home from work (75.3%), their sexual life was negatively affected (46.6%), and they sometimes felt nervous and tense because of their spouses' profession (52.1%). It was determined that there was a significant relationship between the clinics in which their spouses worked and their family and social lives being affected, allocating time for their children, their sexual lives being negatively affected, and being irritable, nervous and unhappy (p<0.05). It was observed that the clinics that negatively affected the aforementioned conditions were mostly internal clinics, operating theatres, intensive care units and emergency services. Conclusion: As a result, the opinions of the spouses of healthcare workers show that there is a significant relationship between job satisfaction and the family life of healthcare workers. In the study, it was found that the family life of healthcare workers working in intensive care, operating theatre, emergency service units and internal clinics was more negatively affected than those working in other clinics. It is recommended to organise health policies that will increase the job satisfaction of health workers and to make rotations between clinics in a way that does not negatively affect the working environment.

Prospects and Challenges of E-Rickshaws in Urban Transportation Systems of Bangladesh: A Case Study of Rangpur City Corporation

The availability of public transportation is frequently insufficient and the quality of the services is quite low in many cities of developing country. This is mostly because of the growing discrepancy between the supply and demand for transportation infrastructure and the provision of services. As a result, E-rickshaws (battery-operated electric three-wheelers locally termed as Auto/Easy bike) have emerged as a form of para-transit/informal public transport in many developing country cities and providing flexible and demand-responsive services to users. E-rickshaws are becoming one of the main travel modes and playing a crucial role in urban mobility because bus-based or formal public transportation is lacking in many medium- and small-sized cities in Bangladesh. This study made an effort to answer how E-rickshaws might function in the future when public bus service will be launched in a mixed traffic situation of Bangladesh. Rangpur in Bangladesh was selected as the representative of developing country cities for conducting the case study. This study is generally based on primary survey because the E-rickshaw is a new concept in urban transport. Primary data were collected at different road intersections and some temporary E-rickshaw stands in Rangpur City (as no permanent E-rickshaw stand in the city). Basically, the data was collected by Questionnaires Survey with E-rickshaw Drivers and Users; Focus Group Discussion (FGD) with E-rickshaw union members and Key Informants Interview (KII) with local authorities who are concerned with E-rickshaws. The driver-owned, operational E-rickshaw has an income-investment ratio of 1.45 and generates an average daily income of BDT 850. According to the survey, 81% of the drivers of E-rickshaws agreed that their current financial situation or income is better than it was when they worked in another or previous occupation. Compared with other travel modes, commuters are very satisfied with the quality of E-rickshaw services. Based on study findings it may be concluded that the E-rickshaw is a potential future-proof means of transportation. Public transport planning should include E-rickshaw in providing services which may not be catered by the formal public transport. The conclusions drawn from this case study is that locations may be applied to other places in the country or cities where rickshaws are a significant source of informal public transportation.

Understanding school principals' burnout

AbstractThis study explores why the principals experiences burnout and what the future plans of the principals who experienced burnout were. This is a case study that uses qualitative research methods. Before collecting qualitative data, the researcher collected and analysed data from principals working at different school levels and revealed their burnout tendencies. Subsequently, I collected qualitative data from kindergarten, middle school, and vocational high school principals through semi‐structured interview questions and analysed them through content analysis. Along with the four main themes, four subthemes emerged based on the theme of burnout sources. Accordingly, school principals experience burnout due to situations arising from parents, senior management, teachers, other principals, students, non‐education‐related workload, and insufficient financial income. Although the short‐term plans of school principals experiencing burnout are to continue their duties in their schools, in the long term, they plan to leave the profession and completely move away from educational work.

A Critical Analysis of the Corporate Alternative Minimum Tax

ABSTRACT The corporate alternative minimum tax, enacted as part of the 2022 Inflation Reduction Act, intends to impose a minimum level of taxation on profitable large corporations using financial statement income as a tax base. Although both alternative tax bases and the usage of financial statement income in taxes have a long history in the United States, the tax represents a substantial change in the current corporate tax law. Although the corporate alternative minimum tax is predicted to raise billions of dollars from a small subset of the largest corporations, its design raises concerns about long-term efficacy. In this article, we summarize the development of the corporate alternative minimum tax in light of its historical predecessors and compare its design against accepted standards of good tax policy, ultimately identifying multiple inadequacies in its construction and implementation. We conclude by making policy recommendations. JEL Classifications: H21; H25; K34.

Oil Dependency: Impact on the economy of Ecuador

Oil is Ecuador's main export product and its financial income an important part of the General State Budget. Being Ecuador a country dependent on crude oil is the reason why this investigation is carried out. For this purpose, an investigation with a quantitative approach was used, with a descriptive and explanatory scope strengthened in the Solow model, for which an econometric model with time series data was estimated using the Ordinary Least Squares (OLS) method. The results show that oil barrel exports have a positive effect on economic growth. Likewise, it is concluded that oil imports, the price of oil, will have a greater dynamism in economic growth, since there is a strong causality with the aforementioned variables.

Effectiveness of climate information services: an evaluation of the accuracy and socio-economic benefits for smallholder farmers in Niger and Mali

Climate information services are foundational means of building the farmer’s resilience. However, studies are scarce about the accuracy of climate information services in dryland regions such as the West Africa Sahel, like in Mali and Niger. Thus, this study examined the accuracy of climate forecasts and their socio-economic benefits in these two countries. For rainfall forecasts and alerts, we collected the 2022 data from the ‘SMS Sandji’ platform in Mali (Nara) and the national meteorological agency alert database in Niger (Zinder). The socio-economic benefits of climate information were determined using a sample of 900 individuals in Niger and 227 in Mali. The results indicate that both seasonal and daily climate forecasts have high to moderate accuracy from 0.7 to 0.58 for CSI and 0.11 to 0.43 for BS index in Niger, and 0.94 to 0.91 for CSI, and 0.06 to 0.25 for BS in Mali. The results of field survey show that, in general, 87 to 100% of the respondents in Niger and 100% in Mali received the seasonal forecasts. ANOVA also reveals with high significance (p value = 0.0001) that the utilization of climate information plays a crucial role in improving farmers’ average financial incomes with FCFA 24,943 per hectare at season onset to FCFA 15,355 per hectare during the cropping season, and FCFA 6204 per hectare at the end of the season, and time-saving of 36 h per hectare to 8 h per hectare, depending on the period when the information was used. Globally, this work underscores the importance of climate information services and highlights their positive socio-economic impacts to the livelihood of farmers.

Financial Development and Income Inequality: Evidence from Thailand

Despite experiencing persistent income inequality, the Thai economy has continued to grow with a developing financial system. This study examines the relationship between financial development and income inequality in Thailand from 1980 to 2020. It is identified that a cointegration between financial development and income inequality follows a U-shape hypothesis. This result implies that income inequality reduced to a certain threshold in the early stage of financial development but subsequently increased as the financial system progressed. It is consequently recommended that policymakers prioritize creating an inclusive financial environment that promotes equitable access to financial services across all financial institutions, particularly for lower- and middle-income groups.

Fiscal multipliers and income inequality (The case of OECD countries, Russia and China)

This study assesses the impact of fiscal multipliers on the level of socioeconomic inequality in 38 countries based on data from the period 2007—2022 with the aim to explore causal relationships between the potential methods of public financial regulation and income indicators in the context of achieving sustainable economic growth. First the fiscal multipliers are estimated relative to GDP, then the obtained data is used to explain the level of income inequality across a broad range of countries. It is shown that the average level of wealth inequality directly influences the level of post-tax income inequality, therefore, addressing income inequality should not neglect other forms of inequality, parti cularly wealth distribution inequality; the effectiveness of fiscal policy has a reverse impact on the level of post-tax income inequality, indicating that a high share of the shadow economy, inefficient tax administration, and redistributive function of public finances contribute to high levels of income inequality . Budgetary instruments for poverty control, targeting, and the efficiency of budgetary expenditures can alter the level of income inequality.

Gambling in a U.S. Census Matched Sample: Examining Interactions between Means and Motives in Predicting Problematic Outcomes

The influence of socioeconomic status (SES) on risk of Problem Gambling (PG) is complex, particularly given recent evidence that SES should be understood in both objective and subjective terms. Likewise, financial gambling motives have been found to be predictive of PG; however, financial motives are less understood in comparison to other gambling motives. Preliminary findings on SES and gambling points towards a pattern of social inequality in which those with the least financial resources (e.g., income) or that feel financially deprived relative to others (e.g., perceived deprivation) experience greater harm and problems. In a weighted, census matched sample of adults in the U.S. (N = 1,348), the present study examined the interaction between financial gambling motives and income and financial gambling motives and perceived deprivation in predicting PG. Findings provided support for both financial gambling motives and perceived deprivation as robust predictors of PG. Further, results provided unique insights into the role subjective economic standing may play in the relationship between financial motives for gambling and risk of PG.

Konsep Pemasaran Berbasis Aida Terhadap Peningkatan Pendapatan Pembiayaan Di “Villa Hidden Space”, Desa Lemukih, Kecamatan Sawan, Kabupaten Buelleng

One marketing strategy that can be done so that a company continues to have excellence is the communication strategy marketing. Communication strategies responded to consumers to be stimuli. One form of response to marketing communication stimuli is through the concept of AIDA (Attention, Interest, Desire, Action). AIDA model (Attention, Interest, Desire, Action) is one of the response hierarchy models that is quite popular for marketers as a guide in carrying out marketing activities. The purpose of this study was to determine the decision-making process of consumers staying at Villa Hidden Space. The data analysis technique used is the validity and reliability test as well as the descriptive qualitative analysis. This study is intended to determine the relationship between AIDA and increase in sales revenue at Villa Hidden Space. In this study there are 5 (five) hypotheses. Respondents in this study were 50 respondents, guests who stayed at Villa Hidden Space. Then an analysis of the data obtained using multiple regression using SPSS. In this study the results obtained are changes that are increase in sales revenue influenced by AIDA (Attetion, Interest, Desire, Action by 84.5% and the remaining 15.5% is influenced by other variables not examined in this study. Keywords: AIDA and Increasing Financing Income

Mental Health Policy Name: War and mental health (Croatian experience)

Abstract War represents one of the major traumatic events for humans and comes with enormous consequences for individuals and society over a long period of time. War causes acute psychological trauma, but also results in subacute, chronic psychiatric disorders for all those experiencing or witnessing direct war trauma and to those experiencing indirect war trauma resulting from losing the safety of home and financial income, to losing family members and close ones. Therefore, acute reaction to trauma may result in maladaptive disorders and PTSD within days of experiencing trauma and with chronic posttraumatic stress conditions even years after the traumatic experience. Chronic PTSD is associated with higher morbidity of somatic conditions, including hypertension, hyperlipidemia, metabolic syndrome, all resulting in cardiovascular and cerebrovascular disorders. Additionally, according to reports from World Health Organisation (WHO), it has been projected that in emergencies, on average, the percentage of people with a severe mental disorder increases by 1 per cent over and above an estimated baseline of 2–3 per cent. In addition, the percentage of people with mild or moderate mental disorders, including mood and anxiety disorders (including PTSD), may increase by 5–10 per cent above an estimated baseline of 10 per cent. Furthermore, research indicate the possibility of a transgenerational effect of trauma, via maternal psychosocial stress and socioeconomic disadvantage during pregnancy but also through adverse parenting practices, as parenting style may change when exposed to war traumas.As war affects mental health of different population groups dramatically and long-term, establishment of long term and coordinated mental health care is necessary. In the presentation, examples of practices from Croatia will be discussed.Disclosure of InterestNone Declared

Investigation of Parents' Awareness of Early Orthodontic Evaluation and Treatment in Paediatric Patients: A Cross-Sectional Study.

This study aims to gauge the level of awareness among parents about the importance, timing, and benefits of early orthodontic assessments for their children. A questionnaire consisting of 12 questions was created through Google Forms to measure the knowledge about early orthodontic treatment and consultation with the parents of 1821 patients aged 6-11 years admitted to the paediatric service of a training and research hospital and filled out by the parents. The distribution of variables was examined with the Shapiro-Wilk normality test; the independent t test was used in the comparison of paired groups of normally distributed variables; and the chi-square test was used in the comparison of qualitative data. A stepwise logistic regression analysis was performed to determine the effective factors for consultation with the orthodontist. The present study found a positive relationship between parents' education and monthly financial income and their knowledge of malocclusions for early orthodontic treatment. Conversely, there was a negative correlation between the number of children parents had and their awareness of malocclusions. The early identification of malocclusions allows orthodontic problems to be corrected with less complex treatment methods.

The occupation of self-employment in South African informal micro-enterprises

Introduction: Self-employment, in which individuals work for themselves in a small business or microenterprise to earn an income or generate a salary, has been encouraged to facilitate employment opportunities in South Africa. However, participation in self-employment within the community served by professionals such as occupational therapists is limited by many factors, including effective government initiatives, such as implementing the Small Enterprise Development Agency (SEDA) policies. To enable individuals and community participation in this type of work for those with occupational dysfunction, mainly persons with disabilities, professionals such as occupational therapists need to understand the structural, contextual and occupational outcomes related to self-employment. Based on the Framework for Occupational Justice, this study explored the occupation of self-employment in microenterprises in the low-resourced urban community of Alexandra Township.
 Method: A quantitative descriptive non-experimental design study was used to identify informal microenterprises in the community using a transect walk and community mapping. Structured interviews were conducted to complete a questionnaire with key informants (service providers and business owners) who provided perceptions on factors that impacted the occupational outcomes of microenterprises.
 Results: Structural and contextual factors from the participants' experience resulted in unjust occupational outcomes, which indicates that occupational rights, particularly participation, choice and balance, were negatively affected by the lack of opportunities, such as jobs. Occupational marginalisation and imbalance were reported since many businesses lacked adequate and appropriate space for trade. Some business owners, however, reported just occupational outcomes related to the occupational right for meaningful occupation in providing a service to the community and financial income to support themselves and their families.
 Conclusion: Occupational therapists need to play various active roles in raising the consciousness of unjust occupational outcomes and support for just occupational outcomes that are achieved in engagement in self-employment in informal microenterprises.
 Implications for practice
 Occupational therapists should take note of the factors and occupational outcomes of being self-employed identified in this study and consider the roles they could play in expediting success in this occupation for clients. Occupational therapists could assume:
 
 A collaborative role, such as referring and working with various key role players or sectors in the interest of sourcing and providing opportunities for skills development for those entering self- employment, particularly in entrepreneurial training. This may include working with the government (e.g., Department of Labour and Small Enterprise Development Agency), private sector (e.g., yes4youth), other professions (social workers and industrial psychologists) and organisations for persons with disabilities (e.g., Disabled People, South Africa