Quellenangabe:
[Journal:] International Journal for Re-Views in Empirical Economics (IREE) [ISSN:] 2566-8269 [Volume:] 2 [Article No.:] 2018-1 [Publisher:] ZBW – Leibniz Information Centre for Economics [Place:] Kiel, Hamburg [Year:] 2018 [Pages:] 1-21
Zusammenfassung:
This note revisits the conjecture that the use of broadband internet lowers transaction costs and thereby inflation. Using a macro-economic panel of OECD countries, it replicates and expands previous estimations by Yi and Choi (2005). We confirm the direction of the results, but also highlight a series of conceptual and econometric issues in the original contribution that need to be addressed.