Innovation, Deregulation, and the Life Cycle of a Financial Service Industry /
This paper examines innovation, deregulation, and firm dynamics over the life cycle of the U.S. ATM and debit card industry. In doing so, we construct a dynamic equilibrium model to study how a major product innovation (introducing the new debit card function) interacted with banking deregulation dr...
Autore principale: | Hayashi, Fumiko |
---|---|
Altri autori: | Li, Grace, Wang, Zhu |
Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2015.
|
Serie: | IMF Working Papers; Working Paper ;
No. 2015/192 |
Accesso online: | Full text available on IMF |
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