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Constructing a novel micro-geographic individual-level data set, we study the relevance of shoe-leather costs on cash withdrawals. An unexplored issue in the literature is the consistent estimation of the marginal effect of travel distance on withdrawals when a fraction of unobserved withdrawals...
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Over the last decade, modern, disruptive innovation and FinTech services have been developing rapidly and are becoming … banking industry and we explore how FinTech is reshaping the financial services market. Moreover, we assess if and … widely used in the banking industry, thereby transforming financial services for customers with both positive and negative …
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role towards an increase in financial inclusion and credit usage through FinTech. The disruptive innovations have provided … business models being developed by the FinTech providers are taunted to change the landscape of lending to the un(der) banked. …
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The market for payment cards is inherently two sided. Consumers benefit from increased merchant acceptance of payment cards and vice versa. To quantify the interdependence of consumer and merchants or network externalities, we construct and estimate a structural two-sided model of a payment...
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