Jason Allen - Latest

• Market Structure and the Diffusion of E-Commerce: Evidence from the Retail Banking Industry

  Staff Working Paper 2008-32 Jason Allen, Robert Clark, Jean-François Houde

  This paper studies the role that market structure plays in affecting the diffusion of electronic banking. Electronic banking (and electronic commerce more generally) reduces the cost of performing many types of transactions for firms.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Market structure and pricing JEL Code(s): D, D1, D14, D4, G, G2, G21, L, L1

• Empirical Likelihood Block Bootstrapping

  Staff Working Paper 2008-18 Jason Allen, Allan Gregory, Katsumi Shimotsu

  Monte Carlo evidence has made it clear that asymptotic tests based on generalized method of moments (GMM) estimation have disappointing size. The problem is exacerbated when the moment conditions are serially correlated.

  Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods JEL Code(s): C, C1, C14, C2, C22