For numerous cities in Mexico, either a share of the fare (depicted in light yellow) or entire trips (depicted in dark yellow) from Uber are paid using cash. The percentage of trips paid for using cash range from 30% to over 80%, depending on the city. The percentage of shares of fare paid for using cash closely correlate to the percentage of trips paid for using cash.
Uber in Mexico: Share of Cash by Cities
Podcast episode • Nov 5, 2020
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If use of cash continues to wane, will cryptocurrency be the new dollar bill? Is...
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Trade policy has recently been in the news, with the focus on the costs to firms from higher prices due to trade tariffs. However, the focus on the effect of tariffs on prices misses perhaps the most important benefit from international trade: the transmission of ideas.
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