D23 - Organizational Behavior; Transaction Costs; Property Rights - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T17:09:40+00:00Distributional Effects of Payment Card Pricing and Merchant Cost Pass-through in Canada and the United States
https://www.bankofcanada.ca/2021/02/staff-working-paper-2021-8/
Although credit cards are more expensive for merchants to accept than cash or debit cards, merchants typically pass through their costs evenly to all customers. Along with consumer card rewards and banking fees, this creates cross-subsidies between payment methods. Because higher-income individuals tend to use credit cards more than those with lower incomes, our results indicate that these cross-subsidies might lead to regressive distributional effects.2021-02-05T10:29:38+00:00enDistributional Effects of Payment Card Pricing and Merchant Cost Pass-through in Canada and the United States2021-02-05Bank notesFinancial institutionsFinancial servicesMarket structure and pricingPayment clearing and settlement systemsStaff Working Paper 2021-8https://www.bankofcanada.ca/wp-content/uploads/2021/02/swp2021-8.pdfDistributional Effects of Payment Card Pricing and Merchant Cost Pass-through in Canada and the United StatesMarie-Hélène FeltFumiko HayashiJoanna StavinsAngelika WelteFebruary 2021DD1D12D2D23D3D31EE4E42GG2G21LL8L81How Long Does It Take You to Pay? A Duration Study of Canadian Retail Transaction Payment Times
https://www.bankofcanada.ca/2018/09/staff-working-paper-2018-46/
Using an exclusive data set of payment times for retail transactions made in Canada, I show that cash is the most time-efficient method of payment (MOP) when compared with payments by debit and credit cards. I model payment efficiency using Cox proportional hazard models, accounting for consumer choice of MOP.2018-09-07T15:08:12+00:00enHow Long Does It Take You to Pay? A Duration Study of Canadian Retail Transaction Payment Times2018-09-07Bank notesEconometric and statistical methodsPayment clearing and settlement systemsStaff Working Paper 2018-46https://www.bankofcanada.ca/wp-content/uploads/2018/09/swp2018-46.pdfHow Long Does It Take You to Pay? A Duration Study of Canadian Retail Transaction Payment TimesGeneviève ValléeSeptember 2018CC2C25C3C36C4C41DD2D23EE4E41E42Acceptance and Use of Payments at the Point of Sale in Canada
https://www.bankofcanada.ca/wp-content/uploads/2017/11/boc-review-autumn2017-fung.pdf
Merchants universally accept cash. Consumers widely hold cash but also carry debit and credit cards. The cost of using a method of payment has only a small influence on which method consumers use. Large merchants accept all payments, while only two-thirds of small and medium-sized businesses accept credit cards. Merchants report that credit cards are the costliest payment method compared with cash and debit cards. However, costs are not the only consideration. Merchant acceptance of credit accounts for the many con-sumers that want to use credit cards. This interaction between consumers and merchants is known as network externalities.2017-11-16T12:22:59+00:00enAcceptance and Use of Payments at the Point of Sale in Canada2017-11-16The Costs of Point-of-Sale Payments in Canada
https://www.bankofcanada.ca/2017/03/staff-discussion-paper-2017-4/
Using data from our 2014 cost-of-payments survey, we calculate resource costs for cash, debit cards and credit cards. For each payment method, we examine the total cost incurred by consumers, retailers, financial institutions and infrastructures, the Royal Canadian Mint and the Bank of Canada.2017-03-28T12:37:45+00:00enThe Costs of Point-of-Sale Payments in Canada2017-03-28Bank notesDigital currencies and fintechFinancial institutionsPayment clearing and settlement systemsStaff Discussion Paper 2017‐4https://www.bankofcanada.ca/wp-content/uploads/2017/03/sdp2017-4.pdfThe Costs of Point-of-Sale Payments in CanadaAnneke KosseHeng ChenMarie-Hélène FeltValéry Dongmo JiongoKerry NieldAngelika WelteMarch 2017DD1D12D2D23D24EE4E41E42GG2G21LL2Expropriation Risk and FDI in Developing Countries: Does Return of Capital Dominate Return on Capital?
https://www.bankofcanada.ca/2017/02/staff-working-paper-2017-9/
Previously reported effects of institutional quality and political risks on foreign direct investment (FDI) are mixed and, therefore, difficult to interpret. We present empirical evidence suggesting a relatively clear, statistically robust, and intuitive characterization.2017-02-21T12:59:57+00:00enExpropriation Risk and FDI in Developing Countries: Does Return of Capital Dominate Return on Capital?2017-02-21Development economicsInternational financial marketsStaff Working Paper 2017-9https://www.bankofcanada.ca/wp-content/uploads/2017/02/swp2017-9.pdfExpropriation Risk and FDI in Developing Countries: Does Return of Capital Dominate Return on Capital?M. AkhtaruzzamanNathan BergChristopher HajzlerFebruary 2017DD2D23FF2F21F23Firm Strategy, Competitiveness and Productivity: The Case for Canada
https://www.bankofcanada.ca/wp-content/uploads/2014/11/boc-review-autumn14-rennison.pdf
At a time when the Bank is expecting a rotation of demand toward exports and investment, and transformative global trends are placing increasing emphasis on innovation, technology and organizational learning, an understanding of the competitiveness strategies of Canadian firms and the factors affecting them has become particularly relevant. This article summarizes findings from a Bank of Canada survey of 151 firms designed to extract signals on elements of firm strategy and organizational capital in order to help inform the macroeconomic outlook.2014-11-13T08:36:19+00:00enFirm Strategy, Competitiveness and Productivity: The Case for Canada2014-11-13Labour Reallocation, Relative Prices and Productivity
https://www.bankofcanada.ca/2010/01/working-paper-2010-2/
This paper documents the rate at which labour flows between industries and between firms within industries using the most recent data available. It examines the determinants of these flows and their relationship with the productivity growth.2010-01-22T09:26:44+00:00enLabour Reallocation, Relative Prices and Productivity2010-01-22Inflation and pricesLabour marketsProductivityWorking Paper 2010-2https://www.bankofcanada.ca/wp-content/uploads/2010/05/wp10-2.pdfLabour Reallocation, Relative Prices and ProductivityShutao CaoDanny LeungJanuary 2010DD2D23EE3E32JJ6