Inflation and Broadband Revisited. Evidence from an OECD Panel
This note revisits the conjecture that the use of broadband internet lowers transaction costs and thereby inflation. Using a macroeconomic panel of OECD countries, it roughly confirms previous findings reported by Yi and Choi (2005) by addressing conceptual and econometric issues.Link(s) zu Dokument(en): | WIFO Publikation |
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Veröffentlicht in: | WIFO Working Papers |
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Format: | paper |
Sprache: | Englisch |
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2016
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Zusammenfassung: | This note revisits the conjecture that the use of broadband internet lowers transaction costs and thereby inflation. Using a macroeconomic panel of OECD countries, it roughly confirms previous findings reported by Yi and Choi (2005) by addressing conceptual and econometric issues. |
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