WEKO3
アイテム
Who Needs Guidance from a Financial Adviser? Evidence from Japan
http://hdl.handle.net/2261/00077277
http://hdl.handle.net/2261/0007727733a3138a-acf3-4728-85e9-7bd92e0591af
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
cb-wp011.pdf (1.4 MB)
|
|
| Item type | テクニカルレポート / Technical Report(1) | |||||
|---|---|---|---|---|---|---|
| 公開日 | 2019-09-09 | |||||
| タイトル | ||||||
| タイトル | Who Needs Guidance from a Financial Adviser? Evidence from Japan | |||||
| 言語 | ||||||
| 言語 | eng | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | financial guidance | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | financial advisers | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | demand for risky assets | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | financial literacy | |||||
| 資源タイプ | ||||||
| 資源 | http://purl.org/coar/resource_type/c_18gh | |||||
| タイプ | technical report | |||||
| 著者 |
Fujiki, Hiroshi
× Fujiki, Hiroshi |
|||||
| 著者所属 | ||||||
| 著者所属 | Faculty of Commerce, Chuo University | |||||
| 抄録 | ||||||
| 内容記述タイプ | Abstract | |||||
| 内容記述 | Using individual family household data from Japan, we find that households prefer financial institutions, family and friends, and financial experts as actual sources of financial information, and financial institutions, neutral institutions not reflecting the interests of a particular industry, and financial experts as desirable sources of financial information. We find that households choosing actual sources of financial information involving financial experts have better financial knowledge, as measured in terms of knowledge about the Deposit Insurance Corporation of Japan, than those selecting family and friends for the same purpose. These same households are also more willing to purchase high-yielding financial products entailing the possibility of a capital loss within one to two years. We also find that households choosing desirable sources of financial information involving financial experts and neutral institutions also have better financial knowledge. Conditional on the choice of financial institutions as the actual source, households that regard neutral institutions as a more desirable source tend to have better financial knowledge. However, it is unclear whether households that seek the guidance of a financial expert have higher ratios of stock and investment trusts to financial assets than those selecting family and friends as their source of financial information. | |||||
| 内容記述 | ||||||
| 内容記述タイプ | Other | |||||
| 内容記述 | Publisher's another name: JSPS Grants-in-Aid for Scientific Research (S) Central Bank Communication Design | |||||
| 内容記述 | ||||||
| 内容記述タイプ | Other | |||||
| 内容記述 | JEL Classification Numbers: D14; G11; G20 | |||||
| 書誌情報 |
Working Papers on Central Bank Communication 巻 011, 発行日 2019-09-07 |
|||||
| 著者版フラグ | ||||||
| 値 | publisher | |||||
| 出版者 | ||||||
| 出版者 | Research Project on Central Bank Communication | |||||
| 関係URI | ||||||
| 識別子タイプ | URI | |||||
| 関連識別子 | http://www.centralbank.e.u-tokyo.ac.jp/en/category/research-data/ | |||||
