ArticleJournal of gambling studies2021
Financial Literacy and Gambling Behavior: Evidence from Japan.
Article in Journal of gambling studies, 2021. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 19 papers, 2 of them syntheses that pooled it.
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Who cites it
19 citing papers in PubMed, 2 syntheses or guidelines pooled it.
- Financial Literacy and Gambling Behaviour: A Systematic Review.Journal of gambling studies · 2025Pooled it
- Financial Literacy and Economic Attitudes as Protective Factors Against Pathological Gambling? A Systematic Review.Journal of gambling studies · 2025Pooled it
- Financial Determinants and Beliefs About Gambling Control: A Cross-National Structural Model of Problem Gambling Severity.Journal of gambling studies · 2026Article
- Psychometric Evaluation of the Bilingual Russian-Kazakh Problem Gambling Severity Index: Item-Level Response Patterns and Behavioral Factors Associated with Gambling-Related Harm.Behavioral sciences (Basel, Switzerland) · 2026Article
- Financial Literacy, Locus of Control, and Gambling Behavior in Australia.Journal of gambling studies · 2026Article
- Economic Rationality and Health Behavior: Investigating the Link Between Financial Literacy and the BMI.Behavioral sciences (Basel, Switzerland) · 2025Article
- Characteristics of Chinese Lottery Consumers' Financial Literacy and its Relationship with Problem Lottery Gambling.Journal of gambling studies · 2024Article
- 'Getting addicted to it and losing a lot of money… it's just like a hole.' A grounded theory model of how social determinants shape adolescents' choices to not gamble.BMC public health · 2024Article
- Does financial literacy influence preventive health check-up behavior in Japan? a cross-sectional study.BMC public health · 2022Article
- Financial Literacy and Gambling Behavior in the United States.Journal of gambling studies · 2022Article
- Who Became Lonely during the COVID-19 Pandemic? An Investigation of the Socioeconomic Aspects of Loneliness in Japan.International journal of environmental research and public health · 2022Article
- Financial Literacy, Financial Education, and Cancer Screening Behavior: Evidence from Japan.International journal of environmental research and public health · 2022Article
- "Show Me the Money": Preliminary Lessons from an Implementation of Intervention Tools at the Payment Gateway Level.Journal of gambling studies · 2022Article
- Loneliness during the COVID-19 Pandemic: A Comparison between Older and Younger People.International journal of environmental research and public health · 2021Article
- Do Financial Literacy and Financial Education Influence Smoking Behavior in the United States?International journal of environmental research and public health · 2021Article
- Who Is Next? A Study on Victims of Financial Fraud in Japan.Frontiers in psychology · 2021Article
- Risk Preferences, Rationality of Choices, and Willingness to Pay for Preventive Medicine in Patients with Graves' Thyrotoxicosis.Patient preference and adherence · 2021Article
- Financial Literacy, Financial Education, and Smoking Behavior: Evidence From Japan.Frontiers in public health · 2020Article
- Irrational Responses to Risk Preference Questionnaires by Patients with Diabetes with or without Retinopathy and Comparison with Those without Diabetes.Diabetes, metabolic syndrome and obesity : targets and therapy · 2020Article
Corrections and comments
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Authors and funding
5 authors.
Funding
Abstract
According to a survey by Japan's Ministry of Health, Labor, and Welfare in 2017, 3.6% of Japanese adults-equivalent to about 3.2 million people-have suffered from problem gambling at some point in their lifetime. This study examines the relationship between financial literacy, financial education, and gambling behavior (measured as gambling frequency) among the Japanese population. We hypothesize that financially literate and financially educated people who use their knowledge to make sound financial decisions are less likely to gamble. The data used in this study are from a nationwide survey in Japan from the Preference Parameters Study of Osaka University in 2010 (n = 3687). To control for endogeneity bias between financial literacy and gambling behavior, we use the education of respondents' fathers as an instrumental variable. The results from the probit-instrumental variable model show that financial literacy has a significantly negative relationship with gambling frequency, while financial education has no significant relationship with gambling frequency. Our findings suggest that problem gambling may be mitigated by promoting financial literacy, but no such conclusion can be drawn for financial education.
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Registered trials
Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.