Frontiers in Public Health | |
Financial Literacy, Financial Education, and Smoking Behavior: Evidence From Japan | |
Pongpat Putthinun1  Mostafa Saidur Rahim Khan1  Somtip Watanapongvanich1  Shunsuke Ono1  Yoshihiko Kadoya2  | |
[1] School of Economics, Hiroshima University, Hiroshima, Japan;null; | |
关键词: smoking; financial literacy; financial education; Japan; healthcare decision; | |
DOI : 10.3389/fpubh.2020.612976 | |
来源: Frontiers | |
【 摘 要 】
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.
【 授权许可】
CC BY
【 预 览 】
Files | Size | Format | View |
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RO202107214996408ZK.pdf | 318KB | download |