L - Industrial Organization - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T05:08:40+00:00Payments on Digital Platforms: Resiliency, Interoperability and Welfare
https://www.bankofcanada.ca/2021/04/staff-working-paper-2021-19/
This paper studies the business model choice between running a cash platform and a token platform, as well as its welfare and policy implications.2021-04-22T09:39:10+00:00enPayments on Digital Platforms: Resiliency, Interoperability and Welfare2021-04-22Digital currencies and fintechMonetary policyPayment clearing and settlement systemsStaff Working Paper 2021-19https://www.bankofcanada.ca/wp-content/uploads/2021/04/swp2021-19.pdfStaff Working Paper 2021-19Jonathan ChiuTsz-Nga WongApril 2021EE4E5LL5Trade and Market Power in Product and Labor Markets
https://www.bankofcanada.ca/2021/04/staff-working-paper-2021-17/
Trade liberalizations increase the sales and input purchases of productive firms relative to their less productive domestic competitors. This reallocation affects firms’ market power in their product and input markets. I quantify how the labour market power of employers affects the distribution and size of the gains from trade.2021-04-07T11:15:08+00:00enTrade and Market Power in Product and Labor Markets2021-04-07Economic modelsLabour marketsMarket structure and pricingProductivityTrade integrationStaff Working Paper 2021-17https://www.bankofcanada.ca/wp-content/uploads/2021/04/swp2021-17.pdfStaff Working Paper 2021-17Gaelan MacKenzieApril 2021DD4D43FF1F12F6JLL1L13