Can Financial Literacy Explain Lack of Investment in Risky Assets in Japan?

Although household savings in Japan are among the highest in the world, investment in risky assets is still very low. This study examines whether financial literacy explains the lack of investment in risky assets in Japan. We use data from the Preference Parameter Study, a nationwide survey in Japan...

Ausführliche Beschreibung

Bibliographische Detailangaben

Veröffentlicht in:	Sustainability 2021-11, Vol.13 (22), p.12616
Hauptverfasser:	Khan, Mostafa Saidur Rahim, Rabbani, Naheed, Kadoya, Yoshihiko
Format:	Artikel
Sprache:	eng
Schlagworte:	Bonding Currencies Currency Financial literacy Government bonds Households Interest rates Investments Participation Psychological factors Savings accounts Securities markets Stock exchanges Variables
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!