在金融科技颠覆中生存

IF 10.4 1区经济学 Q1 BUSINESS, FINANCE

Journal of Financial Economics Pub Date : 2025-05-27 DOI:10.1016/j.jfineco.2025.104071

Wei Jiang , Yuehua Tang , Rachel J. Xiao , Vincent Yao

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引用次数: 0

摘要

我们研究了金融科技对企业劳动力需求、工作流动率和企业绩效的影响。与金融科技接触较多的职业在职位发布和就业方面出现净下降，尽管不同行业都出现了互补和替代效应。金融科技模糊了传统的行业界限，创造了对兼具金融和技术技能的员工的需求。作为回应，企业通过招聘提高技能，在内部重新分配人才，并将创新转向新的领域。因此，企业比个体工人更有能力吸收冲击，创新企业甚至在金融科技颠覆后实现了就业、销售和生产率的增长。

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Surviving the fintech disruption

We examine the impact of fintech on firm labor demand, job turnover, and firm performance. Occupations with higher exposure to fintech experience a net decline in job postings and employment, though both complementary and substitutive effects emerge across different sectors. Fintech blurs traditional industry boundaries, creating demand for workers with a combination of finance and technology skills. In response, firms upskill through hiring, reallocate talent internally, and pivot innovation to new areas. As a result, firms are better equipped to absorb the shock than individual workers, with innovative firms even experiencing growth in employment, sales, and productivity upon fintech disruption.

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来源期刊

Journal of Financial Economics Multiple-

CiteScore

15.80

自引率

4.50%

发文量

192

审稿时长

37 days

期刊介绍： The Journal of Financial Economics provides a specialized forum for the publication of research in the area of financial economics and the theory of the firm, placing primary emphasis on the highest quality analytical, empirical, and clinical contributions in the following major areas: capital markets, financial institutions, corporate finance, corporate governance, and the economics of organizations.