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Investment fund managers make asset allocation decisions on behalf of a significant segment of US households. To elucidate the incentives they operate under, as well as the income and career risks they face, we construct a unique and novel dataset, which encompasses detailed information on the...
Persistent link: https://www.econbiz.de/10014447307
, the more sound the financial system, the lower the number of fintech startups in a country. Overall, the evidence suggests …
Persistent link: https://www.econbiz.de/10011529968
lower the number of fintech startups in a country. Overall, the evidence suggests that fintech startup formation need not be …
Persistent link: https://www.econbiz.de/10011547910
lower the number of fintech startups in a country. Overall, the evidence suggests that fintech startup formation need not be …
Persistent link: https://www.econbiz.de/10011585592
We assess the role of FinTech firms in loans made through the Paycheck Protection Program (PPP). The PPP program, created by the U.S. government as a response to the COVID-19 pandemic, provides loans to small businesses so they can keep employees on their payroll. We argue that FinTech firms’...
Persistent link: https://www.econbiz.de/10013300242
For the last decade economists have been preoccupied with the decline in bank financing to small businesses and entrepreneurs. This effort has produced a better understanding of the obstacles to external financing. We examine the market and policy instruments that in some sense encourage more...
Persistent link: https://www.econbiz.de/10012956419
In the aftermath of the global financial crisis, new financial technology (fintech) start-ups have emerged to challenge …, we investigate how the emergence of fintech start-ups and their financing is shaped by new regional knowledge creation …. While we find that knowledge generated in the IT sector is much more salient for fostering new fintech start-ups than …
Persistent link: https://www.econbiz.de/10012849941
We examine the impact of fintech start-ups on the performance and default risk of traditional financial institutions … indicate that legislators and financial supervisory authorities should closely monitor the development of fintech start-ups …
Persistent link: https://www.econbiz.de/10013229697
In this study, conducted on behalf of the Federal Ministry of Finance, we provide the first comprehensive analysis of the German FinTech industry. We quantify the market volume of the industry between 2007 and 2015. On the basis of this data, we also predict the future development of eight...
Persistent link: https://www.econbiz.de/10012966982
Notwithstanding the emergence of FinTech startups in the financial services industry, most of these companies face …. Using the full population of FinTech startups operating in Spain from 2005 to 2017, we observe that most of these firms are …
Persistent link: https://www.econbiz.de/10013169686