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Fintech adoption during epidemics depends on pre-existing inequalities

Saka, Orkun, Eichengreen, Barry and Aksoy, Cevat (2021) Fintech adoption during epidemics depends on pre-existing inequalities. LSE Business Review (15 Jul 2021). Blog Entry.

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Abstract

The COVID-19 pandemic increased remote working, online shopping, and telehealth, with important differences across socioeconomic groups in their ability to use such new technologies. Orkun Saka, Barry Eichengreen, and Cevat Giray Aksoy investigate past epidemics and find that they significantly increase the likelihood that individuals do their banking using the internet, mobile banks, and automated teller machines (ATMs). But inequality plays a role. Individuals who already have internet coverage are more likely to shift toward online banking during an epidemic.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/businessreview/
Additional Information: © 2021 The Authors
Divisions: LSE
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HG Finance
Date Deposited: 16 Sep 2021 14:33
Last Modified: 28 Sep 2021 23:27
URI: http://eprints.lse.ac.uk/id/eprint/111642

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