Rapid developments in financial technology (fintech) are expected to contribute to improvements in financial inclusion and well-being. This paper investigates how financial literacy and other factors contributed to the adoption of fintech services in Japan, using data from a survey conducted by...

This study investigates how financial literacy and behavioral traits affect the adoption of electronic payment (ePayment) services in Japan. We construct a financial literacy index using a representative sample of 25,000 individuals from the Bank of Japan's 2019 Financial Literacy Survey. We...

This study investigates the effect of financial knowledge on short-term and long-term financial behaviors in Japan. Using an instrumental variable approach, we establish a causal relationship between financial knowledge and financial behavior. The results show that financial knowledge has a...