The internet miracle: The impact of internet access on household saving in Indonesia

Abstract

This study analyzes the impact of internet access on Indonesian households’ saving behavior. Using the fifth wave of the Indonesian Family Life Survey dataset, the study shows that internet access has a positive impact on household savings. It further shows that the impact of internet access on household savings depends on whether access is private or public. Private internet access positively impacts both the saving amount and preferences; however, public internet access only positively impacts the saving amount.