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Spatial Competition in Quality, Demand-Induced Innovation, and Schumpeterian Growth
Auer, Raphael; Sauré, Philip - 2011
We develop a general equilibrium model of vertical innovation in which multiple firms compete monopolistically in the … the product cycle as it is superseded by further innovations. The intrinsic reason that innovation happens in our economy … is not one of displacing the incumbent; rather, innovation is a means to differentiate oneself from existing firms and …
Persistent link: https://www.econbiz.de/10011430082
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The Pandemic, Cash and Retail Payment Behaviour: Insights from the Future of Payments Database
Auer, Raphael; Cornelli, Giulio; Frost, Jon - 2023
The Covid-19 pandemic has been a shock to retail payment behaviour. How have the changes differed across countries? What do they imply for the future of cash and digital payments? We assemble a new "Future of Payments" database on retail payment behaviour for up to 95 countries over September...
Persistent link: https://www.econbiz.de/10014290168
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Crypto Trading and Bitcoin Prices: Evidence from a New Database of Retail Adoption
Auer, Raphael; Cornelli, Giulio; Doerr, Sebastian; … - 2023
Prices for cryptocurrencies have undergone multiple boom-bust cycles, together with ongoing entry by retail investors. To investigate the drivers of crypto adoption, we assemble a novel database (made available with this paper) on retail use of crypto exchange apps at daily frequency for 95...
Persistent link: https://www.econbiz.de/10014290176
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Crypto Trading and Bitcoin Prices : Evidence from a New Database of Retail Adoption
Auer, Raphael; Cornelli, Giulio; Doerr, Sebastian; … - 2023
Prices for cryptocurrencies have undergone multiple boom-bust cycles, together with ongoing entry by retail investors. To investigate the drivers of crypto adoption, we assemble a novel database (made available with this paper) on retail use of crypto exchange apps at daily frequency for 95...
Persistent link: https://www.econbiz.de/10014254558
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The Pandemic, Cash and Retail Payment Behaviour : Insights from the Future of Payments Database
Auer, Raphael; Cornelli, Giulio; Frost, Jon - 2023
The Covid-19 pandemic has been a shock to retail payment behaviour. How have the changes differed across countries? What do they imply for the future of cash and digital payments? We assemble a new “Future of Payments” database on retail payment behaviour for up to 95 countries over...
Persistent link: https://www.econbiz.de/10014261473