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 COVID-19 Blog (16 Jul 2021). Blog Entry.

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Abstract

The pandemic increased remote working, online shopping, and telehealth, with important differences across socioeconomic groups in their ability to use such new technologies. Orkun Saka (LSE), Barry Eichengreen (Berkeley), and Cevat Giray Aksoy (King’s College London) investigate past epidemics and find that they significantly increase the likelihood that individuals do their banking using the internet, mobile banks, and cash machines. 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/covid19/
Additional Information:	© 2021 The Authors
Divisions:	LSE
Subjects:	R Medicine > RA Public aspects of medicine > RA0421 Public health. Hygiene. Preventive Medicine H Social Sciences > HV Social pathology. Social and public welfare. Criminology H Social Sciences > HG Finance
Date Deposited:	31 Aug 2021 10:51
Last Modified:	15 Sep 2023 11:12
URI:	http://eprints.lse.ac.uk/id/eprint/111660

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