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...

A sustainable financing strategy for SMEs should aim to enhance a low-cost collateral-free supply of loans to SMEs with good track records of repayments to banks. This paper suggests two alternative financing mechanisms to overcome certain borrowing constraints of SMEs. First, it suggests an...

This paper surveys the postwar evolution of Bank of Japan (BOJ) monetary policy. Using both qualitative and quantitative data, we describe the changes in the money supply process in response to changing institutional constraints. We focus on the transition from quantitative to qualitative...

This paper examines the current landscape of environmental, social, and governance (ESG) investing by focusing on environment. We analyze the discrepancies in ESG scoring methodologies among different rating agencies and demonstrate how these inconsistencies can lead to distorted investment...

Cover -- Half Title -- Title Page -- Copyright Page -- Table of Contents -- List of Tables and Figures -- Foreword -- Foreword -- Preface -- Acknowledgments -- Part 1: Postal Savings for Development -- 1. Introduction: Overview and Summary of Policy Proposals for Postal Savings in Developing...