Welcome to my page

About me

I am a lecturer in personal finance at the Department of Finance, Accounting and Risk, Glasgow School for Business and Society, Glasgow Caledonian University. I am also affiliated with Department of Management, Faculty of Economics and Business, Universitas Indonesia. My research interests lie in financial economics, mainly household finance and risk management. Check my publications here.

Résumé

Education

• Doctor of Philosophy, Durham University Business School, United Kingdom (2015). Thesis title: Credit constraints, risk sharing, and household welfare: The case of Indonesia. Abstract in Bulletin of Indonesian Economic Studies.
• Magister Manajemen (equivalent to MBA), major: risk management. Faculty of Economics, Universitas Indonesia (2006)
• Sarjana Ekonomi (Bachelor of Economics), major: finance. Faculty of Economics, Universitas Indonesia (2002)

Publications

Journal articles

1. R.D. Kusumastuti, Arviansyah, Nurmala & S.S. Wibowo (2022). Indicators of community preparedness for fast-onset disasters: a systematic literature review and case study. Natural Hazards, 110: 787–821.
2. S.R.H. Hati, N.I.S. Putri, S. Daryanti, S.S. Wibowo, A. Safira, & H. Setyowardhani (2022). Brand familiarity vs profit-sharing rate: which has a stronger impact on Muslim customers’ intention to invest in an Islamic bank?. Journal of Islamic Marketing, 13(8): 1703-1727.
3. R.D. Kusumastuti, Arviansyah, Nurmala & S.S. Wibowo (2021). Knowledge management and natural disaster preparedness: A systematic literature review and a case study of East Lombok, Indonesia. International Journal of Disaster Risk Reduction, 58: 102223.
4. Arviansyah, R.D. Kusumastuti, Nurmala & S.S. Wibowo (2021). Data on knowledge management and natural disaster preparedness: A field survey in East Lombok, Indonesia. Data in Brief, 36: 107156.
5. S.R.H. Hati, S.S. Wibowo, & A. Safira (2020). The antecedents of Muslim customers’ intention to invest in an Islamic bank’s term deposits: Evidence from a Muslim majority country. Journal of Islamic Marketing, 12(7): 1363-1384.
6. Z.A. Husodo, S.S. Wibowo, M.B. Prasetyo, U. Arief & M.H. Muhajir (2020). Estimating a joint probability of default index for Indonesian banks: A copula approach. Bulletin of Monetary Economics and Banking, 23(3): 387-410.
7. Atika & S.S. Wibowo (2020). Static vs time-varying beta of Fama-French Five Factors model in Indonesia and Thailand. Jurnal Manajemen dan Organisasi, 11(3): 189-202.
8. P. Nareswari & S.S. Wibowo (2020). Global and local commodity prices: A further look at the Indonesian agricultural commodities. Capital Markets Review, 28(1): 65-76.
9. R.L. Mosii & S.S. Wibowo (2019). The profitability of momentum strategies: A study of Indonesian Stock Exchange, Indonesian Capital Markets Review, 11(1): 15-29.
10. N. Arifianto & S.S. Wibowo (2019). The prospect of turboprop commercial flight in Indonesia, International Journal of Engineering and Advanced Technology, 8(6S3): 322-326.
11. S.S. Wibowo (2018). Identifying credit constraints using Direct Elicitation Methodology: the case of Indonesia, International Journal of Governance and Financial Intermediation, 1(1): 59-81.
12. E. Surya & S.S. Wibowo (2018). Empirical analysis of oil price volatility and stock returns in ASEAN-5 countries using DCC-GARCH, Pertanika Journal of Social Sciences & Humanities, 26(S): 251-264.
13. M. Ihsan & S.S. Wibowo (2017). The influence of bank size, capital, and funding structure to systemic risk: Evidence from ASEAN-5 countries, International Journal of Economics & Management, 11(S2): 447-457.
14. S.U. Puspaputri & S.S. Wibowo (2017). Corporate bond trading in Indonesia: An empirical study of the role of volume and volatility, International Journal of Bonds and Derivatives, 3(3): 204-222.
15. L. Aprilia & S.S. Wibowo (2017). The impact of social capital on crowdfunding performance: A case study of kitabisa.com, The South East Asian Journal of Management, 10(1): 44-57.
16. S.R.H. Hati & S.S. Wibowo (2017). Exploring the motivation toward and perceived usefulness of a financial education: Program offered to low-income women in Indonesia, ASEAN Journal of Community Engagement, 1(1): 17-24.
17. S.S. Wibowo & S. Lolyta (2016). Cash and financial constraints: An empirical analysis of non-financial firms listed in Indonesian Stock Exchange 2005-2014, Sebelas Maret Business Review, 1(1): 1-9.
18. S.S. Wibowo & B. Hermanto (2007). Perbandingan metode GARCH BEKK dan matriks varian-kovarian untuk penaksiran volatilitas mata uang dan VaR, Manajemen Usahawan Indonesia 16(4): 319-322.

Book chapter

• R.D. Kusumastuti, S.S. Wibowo, & R. Insanita, " Modeling facility locations for relief logistics in Indonesia", in V. Zeimpekis, S. Ichoua, and I. Minis (eds.) (2013), Humanitarian & Relief Logistics: Research Issues, Case Studies and Future Trends, Springer Series Operations Research/Computer Science (ORCS), Vol. 54, pp. 183-205. (refereed)
• Viverita and S.S.Wibowo, "Benchmarking Indonesian state universities: A Data Envelopment Analysis," in J.K. Mantri (2008). Research Methodology on Data Envelopment Analysis (DEA). Florida, USA: Universal-Publishers, pp. 353-364.

Book

• S.S. Wibowo, M. Sekardhani, C.I.A. Nastiti, & H. Rachmahani (2018). Keuangan Personal: Suatu Pendekatan Praktis. Jakarta: UI Press. (in Bahasa Indonesia)

Proceedings

1. M. Nabila, B. Purwandari, B.A.A. Nazief, D.A. Chalid, S.S. Wibowo & I. Solichah (2019). Financial technology acceptance factors of electronic wallet and digital cash in Indonesia, in the Proceedings of 2018 International Conference on Information Technology Systems and Innovation (ICITSI), IEEE.
2. E.L. Pualam & S.S. Wibowo (2019). Cost structure and payout policy in Indonesia 2011-2015, in the Proceedings of the 12th International Conference on Business and Management Research (ICBMR-18), Atlantis Press.
3. S.R.H. Hati, S. Daryanti, A. Safira, & S.S. Wibowo (2018). The effect of brand characteristics and product quality on willingness to invest in an Islamic Bank, in Proceedings of the 32nd International Business Information Management Association Conference.
4. W.F.K. Pratiwi & S.S. Wibowo (2017). Measuring the impact of higher capital requirement to bank lending rate and credit risk: The case of Southeast Asian countries, in the Proceedings of the International Conference on Business and Management Research (ICBMR-17), Atlantis Press.
5. S.S. Wibowo (2016). "Why study more? The impact of earnings risk on education and savings," in the Proceedings of the International Conference on Business and Management Research (ICBMR 2016), CRC Press.

Business case

• H. Mahardika, S.S. Wibowo, and A.D. Hanani. " Bank Danamon: Strategi turnaround," in A.D. Hanani et al. (2008). Cases in Management: Indonesian's Business Challenges, 2nd edition. Jakarta: Penerbit Salemba Empat, pp. 121-144.

Report

• B. Hermanto, A. Zamin Ali, R. Derina, A.A. Agus, and S.S. Wibowo (2009). " Social security policy rejuvenation through accelerated growth in the micro-insurance industry," AIGRP Policy Brief, Crawford School of Economics and Government, The Australian National University.

Professional Qualification

Memberships

• Member, Asian Finance Association (2014-15).
• Associate fellow, The Higher Education Academy, United Kingdom (2013-).
• Member, Royal Economic Society, United Kingdom (2012-2014).
• Secretary, Masyarakat Ekonomi Syariah, U.K. Chapter (2011-2014).

Technical Skills

• Programming: Stata, OxMetrics, R, Eviews, and DEAP/Frontier
• Productivity: L^aT_eX, X_ƎT_eX, Microsoft Office, and other common packages
• Others: Inkscape, and GIMP

Codes for research

LaTeX for academic writing

Richard Stanton of UCLA Berkeley provides a very useful document in writing finance papers using LaTeX on his website. Some publishers also provide LaTeX template, for example INFORMS, Springer, and Elsevier. For more templates, visit latextemplates.com.

LaTeX can be obtained from MacTeX (for Mac users) and MiKTeX website (for Windows/Mac/Linux users). For Mac users, I recommend to use TeXShop as LaTeX editor and for Windows users, I suggest to use Texmaker or TeXnicCenter respectively. Any tables in Excel can be converted into LaTeX codes by using excel2latex add-ins. I recommend Jabref, Mendeley, or Zotero for bibliography reference management software.

I modified UI thesis style written by Andreas Febrian et al. using the LaTeX typesetting system. Since this is not an official template by the University, it (hopefully) follows and complies with Universitas Indonesia’s thesis writing rules. The updated codes can be download here. The template is in Bahasa Indonesia. Any suggestions are welcome.

R for finance

For those who are interested in using opensource software for finance research, CRAN repository contains more than 3000 packages that provide various additional capabilities. R can be used in a programming language (like Python) or in a script environment for data analysis.

Talks

I gave talks or workshops where some of the materials are provided below.

• Basic financial planning (2022, in bahasa Indonesia).
• Introduction to data analysis using R (2021, in bahasa Indonesia).
• Basic Islamic wealth management (2020, in bahasa Indonesia).
• Introduction to asset pricing (2019, in bahasa Indonesia).
• Tips for academic writing (2016, in bahasa Indonesia).
• Tips for finance research (2016, in bahasa Indonesia).
• Introduction to LaTeX (2014, in bahasa Indonesia).

Contact

• UI
• LinkedIn
• Twitter
• Facebook
• Instagram
• GitHub

Elements

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