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
Finding•Aug 17, 2021
The Relationship Dilemma: Why Do Banks Differ in the Pace at Which They Adopt New Technology?
Prachi Mishra, Nagpurnanand Prabhala, Raghuram Rajan
An important factor explaining the difference in the adoption of credit scoring technology among banks is the stickiness of past bank structures and associated managerial practices, which can hold back better procedures.
Topics: Technology & Innovation
Finding•May 10, 2021
Work from Home & Productivity: Evidence from Personnel & Analytics Data on IT Professionals
Michael Gibbs, Friederike Mengel, Christoph Siemroth
While total hours worked increased by roughly 30% during a COVID-induced work-from-home period at a large Asian IT company, average output did not significantly change, and productivity fell by about 20%.
Topics: COVID-19, Technology & Innovation