How Changes in Payment Card Interchange Fees Affect Consumers Fees and Merchant Prices: An Economic Analysis with Applications to the European Union

Author(s):  
David S. Evans ◽  
Abel M. Mateus
2018 ◽  
pp. 48-63 ◽  
Author(s):  
D. V. Trofimov

The article analyzes tendencies of national payment systems development in the European Union and Russia: electronic and deposit money, bank cards, financial technologies in the field of retail payments. The author identifies factors that stimulate the development of cashless retail payments and the national payment card systems in the European Union, as well as the problems and prospects of this sector forming in Russia. Recommendations on the development of a competitive environment and financial technologies in the field of retail payments in Russia are proposed.


Author(s):  
Krzysztof Jarosiński

The main objective of the Polish investment policy during transition and accession to the European Union was to increase investment in both the private and the public sector. The investment policy at that time had to be conducted on the basis of far-reaching autonomy of public sector units. The article concentrates on the economic analysis and evaluation of the effects of regional investment policy, focusing on the expenditures between 2008–2013.


Author(s):  
Andrea Pitasi ◽  
Sara Petroccia ◽  
Camila Giovana Portolese ◽  
Gyorgy Csepeli

This is a legal and political sociology essay with the objective of a strategic geopolitical, legal and economic analysis of the pros and cons of Turkey's potential entry as a member state of the European Union. The essay is placed on the side of the policies, more in detail on the side of politics making, it starts with the analysis of the state of art, to move towards the need for structural coupling between Turkey and the European Union and then - lastly - there are some authors' thoughts on a potential eastward enlargement of the European Union with its pros and its cons.This is a legal and political sociology essay with the objective of a strategic geopolitical, legal and economic analysis of the pros and cons of Turkey's potential entry as a member state of the European Union. The essay is placed on the side of the policies, more in detail on the side of politics making, it starts with the analysis of the state of art, to move towards the need for structural coupling between Turkey and the European Union and then - lastly - there are some authors' thoughts on a potential eastward enlargement of the European Union with its pros and its cons.


2012 ◽  
Vol 49 (No. 8) ◽  
pp. 352-356
Author(s):  
P. Bielik

In the framework of Slovakia entering into the European Union, there was done a PHARE-ACE survey in years 1999–2000. The name of this survey was “Micro-economic analysis of farming households restructuring in pre-accession period to the EU”. The survey was finished in 2002. This survey was done in two regions of Slovakia, characterized by different natural conditions, production and economic conditions. This project was aiming not only at private farmers but also at other legal entities producing agricultural products. The monitored group consisted of 412 private farmers, farming in average 43.2 ha of agricultural land. Most of them are farming on 0–2 ha of agricultural land (20.8%) and on 25–100 ha of agricultural land (20.1%).


2003 ◽  
Vol 2 (2) ◽  
Author(s):  
Jean-Charles Rochet ◽  
Jean Tirole

The paper investigates, in a non-technical fashion, the economic determinants of interchange fees in payment card systems and the potential need for their regulation. Among other things, it demonstrates that the proposal for a cost-based regulation of interchange fees relies on an erroneous, vertically organized, model of the payment card industry.


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