Retail payments and economic growth

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Hasan, Iftekhar; De Renzis, Tania; Schmiedel , Heiko;
  • Subject: retail payments; economic growth; financial development
    • jel: jel:G21 | jel:G20
    acm: TheoryofComputation_GENERAL

This paper examines the fundamental relationship between retail payments and overall economic growth. Using data from across 27 European markets over the period 1995–2009, the results confirm that migration to efficient electronic retail payments stimulates overall econ... View more
  • References (23)
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