Cables, Sharks and Servers: Technology and the Geography of the Foreign Exchange Market

Research English OPEN
Eichengreen, Barry; Lafarguette, Romain; Mehl, Arnaud;
(2016)
  • Publisher: Frankfurt a. M.: European Central Bank (ECB)
  • Identifiers: doi: 10.2866/593057
  • Subject: F30 | exogeneity | foreign exchange market | geography | submarine fiber-optic cables | technology | Devisenmarkt | Glasfaserkommunikation | Betriebliche Standortwahl | Finanzplatz | Dienstleistungshandel | Technischer Fortschritt | Welt
    • ddc: ddc:330

We analyze the impact of technology on production and trade in services, focusing on the foreign exchange market. We identify exogenous technological changes by the connection of countries to submarine fiber-optic cables used for electronic trading, but which were not l... View more
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