Finance Seminar with Filippo Mezzanotti, Northwestern University & Kellogg School of Management

On Friday, May 31, 2024, Filippo Mezzanotti, Northwestern University & Kellogg School of Management, will be giving a seminar on the paper: Demographics and Technology Diffusion: Evidence from Mobile Payments

Friday, May 31, 2024 - 11:00 to 12:15

The Department of Finance is proud to announce the upcoming seminar with Filippo Mezzanotti, Northwestern University & Kellogg School of Management.

Filippo Mezzanotti will present: Demographics and Technology Diffusion: Evidence from Mobile Payments

Abstract:
Using data on the adoption of mobile payment systems in India, we argue that the age composition of the population can impact the diffusion of new technologies. Evidence from a leading Indian bank shows that younger adults tend to prefer mobile payments over traditional cards. In a model of technology adoption, these age-driven differences in attitudes toward technology create stronger adoption incentives for businesses facing younger consumers. We validate this prediction using store-level data on mobile payment adoption by merchants. Our findings suggest that demographics can pose an obstacle to the diffusion of financial innovation.

Location:
Solbjerg Plads 3
2000 Frederiksberg
Room: SPs03

The page was last edited by: Department of Finance // 05/22/2024