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The cost of financial intermediation has declined in recent years thanks to technological progress and increased competition. I document this fact and I analyze two features of new financial technologies that have stirred controversy: returns to scale, and the use of big data and machine...
Persistent link: https://www.econbiz.de/10012831538
This paper assesses the potential impact of FinTech on the finance industry, focusing on financial stability and access to services. I document first that financial services remain surprisingly expensive, which explains the emergence of new entrants. I then argue that the current regulatory...
Persistent link: https://www.econbiz.de/10012985592
This paper studies the effect of trade liberalization on an under-explored aspect of wage inequality - gender … gender. A reduction in tariffs induces more productive firms to modernize their technology and enter the export market. New … relative wage and employment of women improves in blue-collar tasks, but not in white-collar tasks. We test our model using a …
Persistent link: https://www.econbiz.de/10013106068
The empowerment of women within households remains a major issue around the world including in Africa. We have … conducted a study in Burundi coupling discussion sessions with microfinancing to determine if they enhance the role of women in …
Persistent link: https://www.econbiz.de/10013068359
We analyze the spatial determinants of female entrepreneurship in India in the manufacturing and services sectors. We …
Persistent link: https://www.econbiz.de/10013067125
Can greater control over earned income incentivize women to work and influence gender norms? In collaboration with … private sectors. In the long run, gender norms liberalized: women who received direct deposit and training became more … Indian government partners, we provided rural women with individual bank accounts and randomly varied whether their wages …
Persistent link: https://www.econbiz.de/10012862415
Where social norms favor gender segregation, firms may find it costly to employ both men and women. If the costs of …
Persistent link: https://www.econbiz.de/10012862845
new technology and access information at a higher rate, the economic impact of access is larger for women …
Persistent link: https://www.econbiz.de/10012948059
Using a unique FinTech data containing monthly individual-level consumption, investments, and payments, we examine how FinTech can lower investment barriers and improve risk-taking. Seizing on the rapid expansion of offline usages of Alipay in China, we measure individuals’ FinTech adoption by...
Persistent link: https://www.econbiz.de/10013492181
A growing body of rigorous research shows that financial services innovations can have important positive impacts on wellbeing, but also that many do not. We first describe the latest evidence on what works in financial inclusion. Second, we summarize research on key financial market failures...
Persistent link: https://www.econbiz.de/10012935529