Hong, Claire Yurong; Lu, Xiaomeng; Pan, Jun - 2021
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 the speed and intensity with which they adopt the new technology. Our …