Mobile Payments at the Retail Point of Sale in the United States: Prospects for Adoption

2010 ◽  
Vol 9 (4) ◽  
Author(s):  
Marianne Crowe ◽  
Marc Rysman ◽  
Joanna Stavins
Keyword(s):  
United States ◽  
Network Effects ◽  
Critical Mass ◽  
The United States ◽  
Cost Ratio ◽  
Supply Side ◽  
Demand Side ◽  
Point Of Sale ◽  
Mobile Payments ◽  
The U.S

Although mobile payments are increasingly used in some countries, they have not been adopted widely in the United States so far, despite their potential to add value for consumers and streamline the payments system. We summarize short-term and long-term benefits from mobile payments, and analyze the economic framework of that market. Both demand-side and supply-side barriers contribute to the lack of adoption of mobile payments. We contrast mobile payments at the retail point of sale in the U.S. with other countries’ experiences and with examples of successful payment innovations in the U.S. Conditions that have facilitated some success in other countries and in other U.S. innovations are not present in the mobile payments market. On the demand side, consumers and merchants are well served by the current card system and face a low expected benefit-cost ratio, at least in the short run. On the supply side, low market concentration and strong competitive forces of banks and mobile carriers make coordination of standards difficult. Furthermore, mobile payments are characterized by a network effects problem: consumers will not demand them until they know that enough merchants accept them, and merchants will not implement the technology until a critical mass of consumers justifies the cost of doing so. We present some policy recommendations that the Federal Reserve should consider.

scholarly journals Oligopsony/Oligopoly Power and Factor Market Performance: The Case of U.S. Old Newspapers

2003 ◽  
Vol 35 (3) ◽  
pp. 555-569
Author(s):  
Aref A. Hervani
Keyword(s):  
United States ◽  
Market Performance ◽  
The United States ◽  
Government Policies ◽  
Supply Side ◽  
Demand Side ◽  
Negative Effect ◽  
Input Markets ◽  
Price Distortions ◽  
Positive Effect

This paper derives price-cost margins for the old newspaper (ONP) input market for newsprint manufacture and then examines the effects of two government policies and two variables measuring the market performances of ONP input and newsprint output on the oligopsonist's ONP price-cost margins. In the wastepaper recycling market in particular, the ONP input market has not been successful in using the ONP generated. The outcomes of the study are that various degrees of price distortions existed in the ONP input markets in four regions of the United States during 1972–1995. Demand-side policy had a positive effect and supply-side policy had a negative effect on ONP price–cost margins in all regions.

Reagan's Ambiguous Economic Legacy

1988 ◽  
Vol 2 ◽  
pp. 1-16 ◽  
Author(s):  
Robert Gilpin
Keyword(s):  
United States ◽  
Reagan Administration ◽  
The United States ◽  
The Other ◽  
Supply Side ◽  
International Activity ◽  
Laissez Faire ◽  
International Aspects ◽  
The U.S

The introductory piece attempts to set forth as objectively as possible the economic legacy of the Reagan Administration, with emphasis on its international aspects, and thereby to provide the background for the other articles. Gilpin charts the shift in the 1980s from a supply-side, laissez-faire style policy to one that acknowledges a need for cooperation between the United States and its economic partners. While this has been a responsible and productive change, it has also generated ambiguity as to what the U.S. stance on economic international activity should be.

scholarly journals Making Migration Sexy: Immigrants in Same-Sex Couples in the United States

2021 ◽  
Author(s):  
Nathan Isaac Hoffmann ◽  
Kristopher Velasco
Keyword(s):  
United States ◽  
Fixed Effects ◽  
Large Scale ◽  
Network Effects ◽  
Social Acceptance ◽  
The United States ◽  
Same Sex ◽  
Individual Level ◽  
Same Sex Couples ◽  
The U.S

As same-sex couples gain greater social acceptance and new rights, their numbers in the United States are rapidly increasing. Yet few researchers have studied immigrants in same-sex couples on a large scale. Using the American Community Survey from 2008 to 2019, this study compares immigrants in same-sex couples to corresponding different-sex couples in order to characterize and assess the scale of “sexual migration” to the U.S. Moreover, we evaluate how the policy environment regarding same-sex couples shapes migratory patterns. We find that, compared to different-sex immigrant couples, immigrants in same-sex couples come from richer, more democratic countries that are less represented in immigrant networks. Fixed effects models show that as origin countries become more LGBT-friendly, we see more LGB immigrants from those countries in the U.S. On the individual level, immigrants in same-sex couples are more likely to live in progressive U.S. states, an effect that increases in strength as migrants come from for more LGBT-friendly countries of origin. Our findings put into question dominant models of migration that emphasize economic and network effects, suggesting the importance of considering sexuality as well as political and lifestyle motivations more broadly.

EXPLAINING THE EVOLUTION OF THE U.S. HOUSING MARKET

2017 ◽  
Vol 23 (2) ◽  
pp. 568-589 ◽  
Author(s):  
Byoung Hoon Seok ◽  
Hye Mi You
Keyword(s):  
United States ◽  
Housing Market ◽  
Incomplete Markets ◽  
The United States ◽  
Relative Price ◽  
Simultaneous Increase ◽  
Demand Side ◽  
The Past ◽  
Housing Services ◽  
The U.S

Over the past few decades, both the relative price of housing structures and housing services consumption relative to nondurables increased significantly in the United States. This paper explores demand-side factors such as an increase in idiosyncratic earnings risks and changes in housing institutions as potential explanations for the phenomenon. We build a general equilibrium incomplete markets model of housing and compare two steady states that correspond to the 1967 and 2000 U.S. economies. Our model can generate the simultaneous increase in the relative price of houses and housing services consumption relative to nondurables. We find that the increased earnings risks are crucial in replicating this pattern.

An American Language

2018 ◽  
Author(s):  
Rosina Lozano
Keyword(s):  
United States ◽  
National Policy ◽  
The United States ◽  
Spanish Language ◽  
Spanish Speakers ◽  
Language Recognition ◽  
Political Language ◽  
Political Issue ◽  
History Of ◽  
The U.S

An American Language is a political history of the Spanish language in the United States. The nation has always been multilingual and the Spanish language in particular has remained as an important political issue into the present. After the U.S.-Mexican War, the Spanish language became a language of politics as Spanish speakers in the U.S. Southwest used it to build territorial and state governments. In the twentieth century, Spanish became a political language where speakers and those opposed to its use clashed over what Spanish's presence in the United States meant. This book recovers this story by using evidence that includes Spanish language newspapers, letters, state and territorial session laws, and federal archives to profile the struggle and resilience of Spanish speakers who advocated for their language rights as U.S. citizens. Comparing Spanish as a language of politics and as a political language across the Southwest and noncontiguous territories provides an opportunity to measure shifts in allegiance to the nation and exposes differing forms of nationalism. Language concessions and continued use of Spanish is a measure of power. Official language recognition by federal or state officials validates Spanish speakers' claims to US citizenship. The long history of policies relating to language in the United States provides a way to measure how U.S. visions of itself have shifted due to continuous migration from Latin America. Spanish-speaking U.S. citizens are crucial arbiters of Spanish language politics and their successes have broader implications on national policy and our understanding of Americans.

Palestine Unbound

2018 ◽  
Vol 47 (3) ◽  
pp. 130-134
Keyword(s):  
United States ◽  
Human Rights ◽  
Task Force ◽  
The United States ◽  
Donald Trump ◽  
Tel Aviv ◽  
The Us ◽  
Intention To Move ◽  
Arab Israeli Conflict ◽  
The U.S

This section, updated regularly on the blog Palestine Square, covers popular conversations related to the Palestinians and the Arab-Israeli conflict during the quarter 16 November 2017 to 15 February 2018: #JerusalemIstheCapitalofPalestine went viral after U.S. president Donald Trump recognized Jerusalem as the capital of Israel and announced his intention to move the U.S. embassy there from Tel Aviv. The arrest of Palestinian teenager Ahed Tamimi for slapping an Israeli soldier also prompted a viral campaign under the hashtag #FreeAhed. A smaller campaign protested the exclusion of Palestinian human rights from the agenda of the annual Creating Change conference organized by the US-based National LGBTQ Task Force in Washington. And, UNRWA publicized its emergency funding appeal, following the decision of the United States to slash funding to the organization, with the hashtag #DignityIsPriceless.

The French Way

2011 ◽  
Author(s):  
Richard F. Kuisel
Keyword(s):  
United States ◽  
The United States ◽  
French Language ◽  
French Cinema ◽  
Free Markets ◽  
Technology Sector ◽  
Aids Epidemic ◽  
Political Reality ◽  
Politics And Culture ◽  
The U.S

There are over 1,000 McDonald's on French soil. Two Disney theme parks have opened near Paris in the last two decades. And American-inspired vocabulary such as “le weekend” has been absorbed into the French language. But as former French president Jacques Chirac put it: “The U.S. finds France unbearably pretentious. And we find the U.S. unbearably hegemonic.” Are the French fascinated or threatened by America? They Americanize yet are notorious for expressions of anti-Americanism. From McDonald's and Coca-Cola to free markets and foreign policy, this book looks closely at the conflicts and contradictions of France's relationship to American politics and culture. The book shows how the French have used America as both yardstick and foil to measure their own distinct national identity. France has charted its own path: it has welcomed America's products but rejected American policies; assailed Americ's “jungle capitalism” while liberalizing its own economy; attacked “Reaganomics” while defending French social security; and protected French cinema, television, food, and language even while ingesting American pop culture. The book examines France's role as an independent ally of the United States, but he also considers the country's failures in influencing the Reagan, Bush, and Clinton administrations. Whether investigating France's successful information technology sector or its spurning of American expertise during the AIDS epidemic, the book asks if this insistence on a French way represents a growing distance between Europe and the United States or a reaction to American globalization. Exploring cultural trends, values, public opinion, and political reality, this book delves into the complex relationship between two modern nations.

Latino Catholicism

2011 ◽  
Author(s):  
Timothy Matovina
Keyword(s):  
United States ◽  
Sixteenth Century ◽  
Catholic Church ◽  
Social Life ◽  
Social Issues ◽  
The United States ◽  
Societal Impact ◽  
Comprehensive Overview ◽  
Public Debates ◽  
The U.S

Most histories of Catholicism in the United States focus on the experience of Euro-American Catholics, whose views on social issues have dominated public debates. This book provides a comprehensive overview of the Latino Catholic experience in America from the sixteenth century to today, and offers the most in-depth examination to date of the important ways the U.S. Catholic Church, its evolving Latino majority, and American culture are mutually transforming one another. This book highlights the vital contributions of Latinos to American religious and social life, demonstrating in particular how their engagement with the U.S. cultural milieu is the most significant factor behind their ecclesial and societal impact.

Sign in / Sign up

Export Citation Format

Share Document