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The role of financial innovations in consumer behaviour in the Russian retail payments market: A comment on Krivosheya

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  • Van Hove, Leo

Abstract

Krivosheya (2020) finds that consumers’ use of financial innovations has a positive effect on the frequency with which they use a payment card at the point of sale. This comment argues that Krivosheya's results are a case of ‘correlation does not imply causation’.

Suggested Citation

  • Van Hove, Leo, 2021. "The role of financial innovations in consumer behaviour in the Russian retail payments market: A comment on Krivosheya," Technological Forecasting and Social Change, Elsevier, vol. 172(C).
    • Handle: RePEc:eee:tefoso:v:172:y:2021:i:c:s0040162521004650
    DOI: 10.1016/j.techfore.2021.121033
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    References listed on IDEAS

    as
    1. Hayashi Fumiko & Klee Elizabeth, 2003. "Technology Adoption and Consumer Payments: Evidence from Survey Data," Review of Network Economics, De Gruyter, vol. 2(2), pages 1-16, June.
    2. Krivosheya, Egor, 2020. "The role of financial innovations in consumer behavior in the Russian retail payments market," Technological Forecasting and Social Change, Elsevier, vol. 161(C).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Financial innovations; Payment cards;

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System

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