Financial Literacy, Financial Education, and Smoking Behavior: Evidence From Japan.
Somtip Watanapongvanich,Mostafa Saidur Rahim Khan,Pongpat Putthinun,Shunsuke Ono,Yoshihiko Kadoya +4 more
TLDR
In this paper, the authors examined the relationship between financial literacy, financial education, and smoking behavior among the Japanese population and provided empirical evidence that enhancing the rational decision-making ability of individuals through financial literacy and financial education may curtail smoking behavior.Abstract:
In this study, we examine the relationship between financial literacy, financial education, and smoking behavior among the Japanese population. We hypothesize that financially literate and financially educated people, who have the ability to make more rational decisions, are less likely to smoke. Using the Preference Parameters Study of Osaka University, conducted in 2010 (N = 3,706), the probit regression results show that both financial literacy (with an emphasis on knowledge of investments) and financial education (with an emphasis on savings behavior) have a significant negative impact on smoking behavior. In addition, gender, age, education, marital status, household income and assets, risky behaviors, a myopic view of the future, risk preference, and level of happiness also significantly predict the likelihood of a person being a current smoker. This study provides empirical evidence that enhancing the rational decision-making ability of individuals through financial literacy and financial education may curtail smoking behavior.read more
Citations
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Willing or hesitant? A socioeconomic study on the potential acceptance of COVID-19 vaccine in Japan
Yoshihiko Kadoya,Somtip Watanapongvanich,Pattaphol Yuktadatta,Pongpat Putthinun,Stella T. Lartey,Mostafa Saidur Rahim Khan +5 more
TL;DR: The authors found that demographic, socioeconomic, and behavioral variables such as gender, age, subjective health status, children, household income, household assets, financial literacy, future anxiety, and myopic view of the future are associated with willingness to take a COVID-19 vaccine.
Journal ArticleDOI
COVID-19 Vaccine Hesitancy among the Younger Generation in Japan.
TL;DR: In this article, the authors investigated vaccine hesitancy among younger Japanese citizens using probit regression models and found that the vaccine hesitance among younger people was significantly higher than among older people, while subjective health status, university degree, having children, financial literacy, household income and assets, and myopic view about the future had specific associations with vaccine reluctance among younger men.
Journal ArticleDOI
Loneliness during the COVID-19 Pandemic: A Comparison between Older and Younger People.
TL;DR: In this article, the authors used longitudinal data from Hiroshima University to investigate loneliness before and during the COVID-19 pandemic among older and younger people in Japan and provided evidence that loneliness among both younger and older people increased considerably during the pandemic.
Journal ArticleDOI
Do Financial Literacy and Financial Education Influence Smoking Behavior in the United States
Mostafa Saidur Rahim Khan,Pongpat Putthinun,Somtip Watanapongvanich,Pattaphol Yuktadatta,Azad Uddin,Yoshihiko Kadoya +5 more
TL;DR: In this paper, the influence of financial literacy and financial education on the smoking behavior in the United States in terms of the use of rational decision-making abilities to reduce irrational behavior was examined.
Journal ArticleDOI
Financial literacy and exercise behavior: Evidence from japan
Shunsuke Ono,Pattaphol Yuktadatta,Takafumi Taniguchi,Tomoe Iitsuka,Masafumi Noguchi,Sawa Tanaka,Haruka Ito,Kousei Nakamura,Nanako Yasuhara,Chihiro Miyawaki,Katsumi Mikura,Mostafa Saidur Rahim Khan,Yoshihiko Kadoya +12 more
TL;DR: This article investigated how financial literacy, as a rational decision-making instrument, relates to peoples' exercise behavior in Japan and found that financial literacy is positively related with exercise behavior, meaning that financially literate people are more likely to exercise regularly.
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TL;DR: The pace of progress in reducing smoking prevalence has been heterogeneous across geographies, development status, and sex, and as highlighted by more recent trends, maintaining past rates of decline should not be taken for granted, especially in women and in low- SDI to middle-SDI countries.