 | The Anatomy of Banks' IT Investments: Drivers and Implications Author/Editor: Kosha Modi, Nicola Pierri, Yannick Timmer, Maria Soledad Martinez Peria. Release Date:December, 2022 This paper relies on administrative data to study determinants and implications of US banks' Information Technology (IT) investments, which have increased six-fold over two decades. Large and small more...
| Price: $20.00
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| Monetary Policy Under Labor Market Power Author/Editor: Anastasia Burya, Rui Mano, Yannick Timmer, Anke Weber. Release Date:July, 2022 Using the near universe of online vacancy postings in the U.S., we study the interaction between labor market power and monetary policy. We show empirically that labor market power amplifies the more...
| Price: $20.00
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| Exchange Rate Elasticities of International Tourism and the Role of Dominant Currency Pricing Author/Editor: Ding Ding, Yannick Timmer. Release Date:February, 2022 We estimate a variety of exchange rate elasticities of international tourism. We show that, in addition to the bilateral exchange rate between the tourism origin and destination countries, the more...
| Price: $5.00
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| Does IT Help? Information Technology in Banking and Entrepreneurship Author/Editor: Toni Ahnert, Sebastian Doerr, Nicola Pierri, Yannick Timmer. Release Date:August, 2021 This paper analyzes the importance of information technology (IT) in banking for entrepreneurship. To guide our empirical analysis, we build a parsimonious model of bank screening and lending that more...
| Price: $5.00
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| IT Shields: Technology Adoption and Economic Resilience during the COVID-19 Pandemic Author/Editor: Nicola Pierri, Yannick Timmer. Release Date:September, 2020 We study the economic effects of information technology (IT) adoption during the COVID-19 pandemic. Using data on IT adoption covering almost three million establishments in the US, we find that more...
| Price: $18.00
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 | Dominant Currencies and External Adjustment Author/Editor: Gustavo Adler, Camila Casas, Luis M Cubeddu, Gita Gopinath, Nan Li, Sergii Meleshchuk, Carolina Osorio Buitron, Damien Puy, Yannick Timmer. Release Date:July, 2020 The extensive use of the US dollar when firms set prices for international trade (dubbed dominant currency pricing) and in their funding (dominant currency financing) has come to the forefront of more...
| Price: $10.00
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| Are Capital Goods Tariffs Different? Author/Editor: Sergii Meleshchuk, Yannick Timmer. Release Date:May, 2020 In this paper we demonstrate the importance of distinguishing capital goods tariffs from other tariffs. Using exposure to a quasi-natural experiment induced by a trade reform in Colombia, we find more...
| Price: $18.00
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| Tech in Fin before FinTech: Blessing or Curse for Financial Stability? Author/Editor: Nicola Pierri, Yannick Timmer. Release Date:January, 2020 Motivated by the world-wide surge of FinTech lending, we analyze the implications of lenders’ information technology adoption for financial stability. We estimate bank-level intensity of IT more...
| Price: $18.00
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| The Price of Capital Goods: A Driver of Investment Under Threat Author/Editor: Weicheng Lian, Natalija Novta, Evgenia Pugacheva, Yannick Timmer, Petia Topalova. Release Date:June, 2019 Over the past three decades, the price of machinery and equipment fell dramatically relative to other prices in advanced and emerging market and developing economies. Using cross-country and sectoral more...
| Price: $18.00
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| Discriminatory Pricing of Over-the-Counter Derivatives Author/Editor: Harald Hau, Peter Hoffmann, Sam Langfield, Yannick Timmer. Release Date:May, 2019 New regulatory data reveal extensive price discrimination against non-financial clients in the FX derivatives market. The client at the 90th percentile pays an effective spread of 0.5%, while the more...
| Price: $18.00
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