Proceedings of the 2nd International Conference on Indonesian Economy and Development (ICIED 2017)

Session: Microfinance and Financial Inclusion

3 articles
Proceedings Article

The Middle Class is Us: Measuring Indonesian Middle Class

Ketut Krisna, Turro S. Wongkaren
This research has two main objectives, which are: (1) to test the appropriateness of existing measurements in identifying class status and (2) to identify Indonesian middle class using a new approach that combines economic and noneconomic measures. The results show that the size of middle class that...
Proceedings Article

The Analysis of Target Achievement in Bank Indonesia 2015 Regulation on Lending for Micro, Small and Medium Enterprises

Kenny Putri Lisa, Dewi Ratna Sjari Martokoesoemo
Micro, Small and Medium Enterprises (MSME) are important sectors in the economy, especially for developing countries. One of the biggest obstacles towards developing the sector is related to financing. Bank Indonesia has launched the regulation called Bank Indonesia's Policy/Peraturan Bank Indonesia...
Proceedings Article

Identifying Gross Spread Pattern In Indonesian Initial Public Offering Market

Nur Aida Arifah Tara, Nada Kulendran, Riccardo Natoli
Underpricing, which is considered as the implicit cost of going public, is not the only cost faced by issuers. Another cost of going public is gross spread or underwriting discounts (i.e., explicit cost). This paper examines the gross spread in the Indonesian IPO market over the period of 2007 to 2016....