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This paper investigates the gains from the use of information technology in Australia during the 1990s using a growth … Australia has done well out of the ‘new economy’. Its use of computer technology is amongst the highest in the world with … price falls while the other half can be attributed to higher nominal expenditure. We arrive at the conclusion that Australia …
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In this paper we estimate the effect of particular price incentives on consumer payment patterns using transaction-level data. We find that participation in a loyalty program and access to an interest-free period, both of which lower the price of credit card use, tend to increase credit card use...
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