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On Fintech and Financial Inclusion

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NBER2019-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w26330
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资源简介:
The cost of financial intermediation has declined in recent years thanks to technological progress and increased competition. I document this fact and I analyze two features of new financial technologies that have stirred controversy: returns to scale, and the use of big data and machine learning. I
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2019-09-01
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