Browsing by Author "Treu, Johannes"

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    FinTech, General Purpose Technology und Wohlfahrt
    (IU Internationale Hochschule, 2022-06) Treu, Johannes
    FinTech is said to have promising effects. The consideration that arises is whether this new form is a special kind of technology that affects an entire economy and has the potential to change societies through its impact on existing economic and social structures. Thus, the question arises whether FinTech can be characterized as general-purpose technology (GPT)? This is followed by the second question: What is the impact of FinTech at the aggregate level and as a potential GPT on aggregate economic welfare? Using two different GPT definitions and characteristics, we show how FinTech can be characterized as a GPT. In the second part, an analytical framework is used to show that FinTech increases welfare as a positive supply shock.
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    Phänomen Fintech: Sichtweisen, Gründe für die Existenz, Chancen und Risiko sowie Ideen für zukünftige Forschung
    (IU Internationale Hochschule, 2021-03) Treu, Johannes
    The years following the 2008 financial crisis have been characterized by the emergence of new financial service providers, so-called fintech. The term is defined and understood differently in the literature. There is an agreement that fintech is composed of the words "financial" and "technology". Regarding the different views and definitions, there is a great heterogeneity in the literature and this working paper tries to systematize them. Furthermore, different justifications for its existence are examined and a proposal for categorization is made. Argumentatively, various opportunities and risks are highlighted that arise in connection with Fintech. Finally, various ideas and starting points for further research are derived from the arguments listed.