This result suggests that the impact of financial literacy increases with the complexity of digital finance. Furthermore, financial literacy plays a more important role in promoting the use of digital financial services among disadvantaged groups, such as families with low income and wealth, the ...
financial literacydigital financehousehold financeCHFSPeople’s Republic of ChinaUsing the 2015 and 2017 waves of the China Household Finance Survey, we measured financial literacy and study its relationship to households' demand for digitalYang, Junhong...
As a combination of the internet and finance, the digital economy - not least digital finance - naturally takes on financial attributes. Also, previous studies suggest that the digital economy is conducive to financial inclusion and ...
Another economic and finance-based research conducted by Maman Setiawan in Indonesia, suggests policymakers to consider DFL as an important knowledge to be given to the millennials. Because by having certain knowledge, the current saving and spending behaviour, as well as the future saving and ...
Journal of Economic Literature (JEL) codes: E42, D14, G20, G53 Keywords: financial exclusion, electronic payment systems, financial literacy, digital finance, cash usage, payment infrastructure, bank of the future 1. Introduction In the 21st century, we manage the economy and our daily lives ...
An example of Digital Finance is Enterprise Resource Planning (ERP). ERP is the integrated management of business processes. It is often in real-time and mediated by software. Risks Associated With Digital Finance Even though the digitization of the financial industry is increasing, there are still...
It will be a learning curve (like everything else finance-related) but your future self will thank you. This whole process will lead to less stress, less financial panic, and potentially fewer breakdowns or moments where your card gets declined (yes, we’ve also all been there). ...
Digital Finance and Financial Literacy: An Empirical Investigation of Chinese Households This paper investigates how digital finance affects the labor productivity of companies, as well as the intermediate mechanisms and heterogeneity of this r... J Yang,Y Wu,B Huang - 《Ssrn Electronic Journal》 被...
financial institutions and online businesses to carry out new financial services like payment, project investment, and equity financing. The limitations on time and space between product transactions and financial services have been eliminated by the quick development of digital finance. In the era of ...
The variables that measure access and use of digital finance are extracted from the data. Two sets of independent variables, namely digital resource capability and firms and owners’ characteristics, are taken as explanatory variables of digital financial inclusion. Analysis of variance (ANOVA) has ...