FinTech, General Purpose Technology und Wohlfahrt

Arbeitspapier

FinTech is said to have promising effects. The consideration that arises is whether this new form is a special kind of technology that affects an entire economy and has the potential to change societies through its impact on existing economic and social structures. Thus, the question arises whether FinTech can be characterized as general-purpose technology (GPT)? This is followed by the second question: What is the impact of FinTech at the aggregate level and as a potential GPT on aggregate economic welfare? Using two different GPT definitions and characteristics, we show how FinTech can be characterized as a GPT. In the second part, an analytical framework is used to show that FinTech increases welfare as a positive supply shock.

Angaben zum Objekt

• Sprache: Deutsch

Verweise und Beziehungen

• Erschienen in: Series: IU Discussion Papers - Business & Management ; No. 5 (Juni 2022)

Klassifikation und Themen

• Klassifikation: Management ; Financial Institutions and Services: General ; Pension Funds; Non-bank Financial Institutions; Financial Instruments; Institutional Investors ; Economic Development: General ; Innovation; Research and Development; Technological Change; Intellectual Property Rights: General ; Technological Change: Choices and Consequences; Diffusion Processes ; Economic Growth and Aggregate Productivity: Other
• Thema: Fintech ; Finanztechnologie ; Wohlfahrt ; AS-AD Modell ; General Purpose Technology ; GPT

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Treu, Johannes
• Ereignis: Veröffentlichung
• (wer): IU Internationale Hochschule
• (wo): Erfurt
• (wann): 2022

Weitere Informationen

• Handle: http://hdl.handle.net/10419/261353
• URN: urn:nbn:de:101:1-2022062812374702308553
• Letzte Aktualisierung: 10.03.2025, 11:46 MEZ