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This paper primarily aims to assess the impact of financial literacy on households' investment choices. The paper …, the study aims at establishing whether the choices of investment platforms are influenced by the financial literacy level … finds that financial literacy is positively and significantly associated with household investment choices. More …
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consumption, investors simultaneously choose how much to save, the portfolio allocation, and the optimal investment in literacy …
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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 psychological backgrounds drawn from social learning,...
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Is financial literacy a substitute or complement for financial advice? In this paper we analyze the decision by consumers to seek financial advice in the form of credit counseling concerning their credit and debt. Credit counseling is an important component of the consumer credit sector for...
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