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. …

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 …