2021 Fiscal Year Research-status Report
The impact of financial literacy on remittance decisions in transnational households: The case of Mongolian migrants in Japan
Project/Area Number |
19K13713
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Research Institution | The University of Tokyo |
Principal Investigator |
村上 エネレルテ 東京大学, 大学院農学生命科学研究科(農学部), 農学特定研究員 (60835867)
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Project Period (FY) |
2019-04-01 – 2023-03-31
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Keywords | Financial literacy / Financial inclusion / International migration / Remittances |
Outline of Annual Research Achievements |
In the FY2021, the following research activities were accomplished: (1) baseline survey data cleaning and processing, (2) preliminary data analysis on financial inclusion and financial literacy, (3) completion of financial literacy lessons, (4) the baseline survey report including results on financial literacy and financial inclusion scores, (5) preparation for the follow-up surveys, including tracking the respondents and revising questionnaires, and (6) a working paper on the determinants of financial inclusion in Mongolia from a micro perspective.
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Current Status of Research Progress |
Current Status of Research Progress
3: Progress in research has been slightly delayed.
Reason
Due to the COVID-19 outbreak worldwide, the research implementation plan has been re-designed to implement the surveys and financial literacy interventions through an online platform. Because of the delayed start of the research, the concurrent steps are also delayed, but catching up gradually.
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Strategy for Future Research Activity |
In the FY2022, the following work has been planned: (1) the implementation of the follow-up surveys, (2) data cleaning and analyses, and (3) academic papers using the survey data and analyzing the impact of financial literacy on financial decisions.
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Causes of Carryover |
Due to the COVID-19 pandemic, the survey implementation plan has shifted from face-to-face to online surveys. Reasons for incurring amount is the change of the implementation plan and cancelations of business trips to the field. The incurring amount is planned to be used for English proofreading, journal open-access fee, participation in academic conferences and purchases of books and software.
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Research Products
(2 results)