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We use the introduction of a U.S. commercial credit bureau to study when lenders adopt voluntary information sharing technology and the resulting consequences for competition and credit access. Our results suggest that lenders trade off access to new markets against heightened competition for...
Persistent link: https://www.econbiz.de/10012608664
infrastructure in Latin America and the Caribbean. To measure the impact of the economic and social aspects of this type of … infrastructure, the analysis differentiates according to the geographic context (urban and rural), gender, and educational level, and … details the effects and channels that link the deployment of last-mile infrastructure with socioeconomic benefits. The results …
Persistent link: https://www.econbiz.de/10014495702
The ownership nationality of large US multinational companies plays an implicit but important role in the current debate over how such companies should be taxed. This paper identifies that role and investigates what is actually known about where these companies’ shareholders reside
Persistent link: https://www.econbiz.de/10011387732
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Poorly maintained public infrastructure is common in low- and middle-income countries, with consequences for service …
Persistent link: https://www.econbiz.de/10012583568
It is widely accepted that investing in public infrastructure promotes economic development. However, there is little … awareness of the prevalence of unfinished infrastructure projects and their consequences. In this paper, I study the effect of … unfinished sewerage infrastructure on early-life mortality in Peru. I compile several sources of administrative panel data for 1 …
Persistent link: https://www.econbiz.de/10012293130
What determines the aggregate and distributional effects of new transportation infrastructure? One key overlooked … channel is the role that infrastructure policy plays in changing the incentives of firms to enter, exit, and grow--in turn … infrastructure. Firms play a critical role in driving these results: highways increase firms' size, entry rates, survival rates, and …
Persistent link: https://www.econbiz.de/10015078327
Financial inclusion is strikingly low in emerging economies. In only a few years, financial technologies (fintech) have led to a dramatic expansion in the number of non-traditional credit intermediaries, but the macroeconomic and credit-market implications of this rapid growth of fintech are not...
Persistent link: https://www.econbiz.de/10014516215
We investigate how the presence of physical bank branches moderates financial technology diffusion. Our identification strategy uses services suspensions caused by criminal groups that perform hit-and-run raids exploding branch facilities and rendering them inoperable for months. We show that...
Persistent link: https://www.econbiz.de/10014460787
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