Zhentong Lu - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T16:16:10+00:00Quantifying the Economic Benefits of Payments Modernization: the Case of the Large-Value Payment System
https://www.bankofcanada.ca/2021/12/staff-working-paper-2021-64/
Canada is undertaking a major initiative to modernize its payments ecosystem. The modernized ecosystem is expected to bring significant benefits to Canadian financial markets and the overall economy. We develop an empirical framework to quantify the economic benefits of modernizing the payment system in Canada.2021-12-17T16:20:19+00:00enQuantifying the Economic Benefits of Payments Modernization: the Case of the Large-Value Payment System2021-12-17Financial institutionsFinancial system regulation and policiesPayment clearing and settlement systemsStaff Working Paper 2021-64https://www.bankofcanada.ca/wp-content/uploads/2021/12/swp2021-64.pdfStaff Working Paper 2021-64Neville ArjaniFuchun LiZhentong LuDecember 2021CC3EE4E42GG1G2G28Measuring the Effectiveness of Salespeople: Evidence from a Cold-Drink Market
https://www.bankofcanada.ca/2021/08/staff-working-paper-2021-40/
Salespeople are widely employed in many industries. We leverage a unique data set on retail sales from a leading Chinese cold-drink manufacturer and information on the firm’s salespeople assignment rule to measure the causal effect of salespeople on product revenue.2021-08-20T09:49:47+00:00enMeasuring the Effectiveness of Salespeople: Evidence from a Cold-Drink Market2021-08-20Labour marketsService sectorStaff Working Paper 2021-40https://www.bankofcanada.ca/wp-content/uploads/2021/08/swp2021-40.pdfHaofeng JinZhentong LuAugust 2021LL8L81MM3M5The Effects of Government Licensing on E-commerce: Evidence from Alibaba
https://www.bankofcanada.ca/2021/07/staff-working-paper-2021-32/
How does government licensing affect selling on online platforms? We examine the impact of China’s 2015 Food Safety Law on sellers and buyers on Alibaba, the largest e-commerce platform in that country.2021-07-05T08:42:01+00:00enThe Effects of Government Licensing on E-commerce: Evidence from Alibaba2021-07-05Market structure and pricingRecent economic and financial developmentsStaff Working Paper 2021-32https://www.bankofcanada.ca/wp-content/uploads/2021/07/swp2021-32.pdfThe Effects of Government Licensing on E-commerce: Evidence from AlibabaGinger Zhe JinZhentong LuXiaolu ZhouChunxiao LiJuly 2021DD8D82KK2K23LL5L8L81Examining the Impact of Home Purchase Restrictions on China’s Housing Market
https://www.bankofcanada.ca/2021/04/staff-working-paper-2021-18/
How do “cooling measures” in the housing market—policies aimed to stabilize prices—affect the market? We use a structural model of housing demand and price competition among developers to evaluate China’s home purchase restriction policies implemented in 2010–11.2021-04-07T12:30:51+00:00enExamining the Impact of Home Purchase Restrictions on China’s Housing Market2021-04-07HousingMarket structure and pricingStaff Working Paper 2021-18https://www.bankofcanada.ca/wp-content/uploads/2021/04/swp2021-18.pdfExamining the Impact of Home Purchase Restrictions on China’s Housing MarketZhentong LuSisi ZhangJian HongApril 2021OO1O18RR3R31R38