Financial Technologies, Labor Markets, and Wage Inequality: Evidence from Instant Payment Systems

Jacelly Cespedes¹, Carlos Burga², Carlos Parra², Bernardo Ricca³

¹University of Minnesota; ²Pontificia Universidad Católica de Chile; ³Insper

Discussant: Susan Cherry (University of Texas at Austin)

Integrating Fragmented Networks: Interoperability in Money and Payments

Alexander Copestake¹, Divya Kirti¹, Maria Soledad Martinez Peria¹, Yao Zeng²

¹International Monetary Fund; ²University of Pennsylvania

Discussant: Nishant Vats (Washington University in St. Louis)

Who Pays for Payments? Consumer Sorting, Fee Heterogeneity, and Passthrough

Mark Egan¹, Gregor Matvos², Amit Seru³, Lulu Wang², Vincent Yao⁴

¹Harvard University; ²Northwestern University; ³Stanford University; ⁴Georgia State University

Discussant: Carlo Wix (Federal Reserve Board of Governors)