This study aims to determine the factors that affect financial literacy in Japan using data from Osaka University …'s Preference Parameter Study in Japan. We examined fourteen variables covering respondents' demographic, socio-economic, and … the need for a formal financial education and social contact to boost financial literacy levels in Japan. …

This paper presents data on Japan’s household saving rate, considers the reasons for Japan’s high household saving rate … in the past and the reasons for the recent decline therein, projects future trends in Japan’s household saving rate, and … consider the implications of my findings. It finds that Japan’s high household saving rate was a temporary phenomenon and that …

Japan's household saving rate showed great volatility, was often low and even negative, and was high only during the 25-year … trends over time in, Japan's household saving rate via various socioeconomic and policy variables. This seems to suggest that … their children than other peoples, suggesting that the alleged social norm of strong family ties in Japan is largely a myth …

This paper investigates empirically why Japan’s household savings rate fell in the 1990s. We constructed an economic …’s household savings rate. Our simulation analysis demonstrated that if the proportion of liquidity-constrained households in the … 1990s had stayed at the level as that of the late 1980s, the household savings rate would have increased by four percent …

aggregate household saving rates in Japan, China, and India. The observed age distributions help explain the contrasting saving … lower household saving rates in Japan and China …We present a model of household life-cycle saving decisions in order to quantify the impact of demographic changes on …

population aging over the period 2000–14. While there is little doubt that household savings have decreased, the true trend … of risky assets in household portfolios increases with age and barely decreases even for retired households. The main … sources of increasing household wealth are the increasing wealth of the elderly and the increasing proportion of the wealthier …

Japan's household saving rate showed great volatility, was often low and even negative, and was high only during the 25-year … trends over time in, Japan's household saving rate via various socioeconomic and policy variables. This seems to suggest that … their children than other peoples, suggesting that the alleged social norm of strong family ties in Japan is largely a myth …

This paper analyzes the impact of monetary policy on household saving in Japan between 1993 and 2017. Using annual data … from the Japan Panel Survey of Consumers it is shown that monetary expansion has contributed to a widening gap in … it. The paper documents how inequality in terms of the ability to build up wealth has increased in Japan over the past …

households, focusing on the dramatic change of the household savings rate since 1998, from high to low savings. The literature … monetary policy had a significant impact on Japan’s household behavior via the interest rate channel and the redistribution …This paper scrutinizes the role of prolonged, expansionary monetary policy on the savings behavior of Japanese …