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...

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Autores principales: Mostafa Saidur Rahim Khan, Naheed Rabbani, Yoshihiko Kadoya
Formato: article
Lenguaje:EN
Publicado: MDPI AG 2021
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Acceso en línea:https://doaj.org/article/1d2dc882118a4e1f91b8b66c9d5be16e
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