This paper studies whether online marketplace lending expands access to financial services for micro-, small- and medium-sized enterprises (MSMEs) and investigates their economic outcomes. Using data from one of the most prominent online lending marketplaces in China, we find that MSMEs are less...

This paper studies whether online marketplace lending expands access to financial services for micro-, small- and medium-sized enterprises (MSMEs) and investigates their economic outcomes. Using data from one of the most prominent online lending marketplaces in China, we find that MSMEs are less...

We utilize the introduction of a mobile payment technology by the largest bank in Singapore in 2017 to study how mobile payment technology reshapes economic activities and stimulates business creation. After the introduction, business-to-consumer industries witnessed a higher growth rate of...