Trinh Quang Long; Morgan, Peter J.; Yoshino, Naoyuki - In: Financial innovation : FIN 9 (2023) 1, pp. 1-30
(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 then analyze the relationship between this index and the extensive … more frequently. We also find that risk-averse people are less likely to adopt and use ePayment services, whereas people …