Monetary Productivity Gap
The 6.4pp cost gap between fiat and stablecoin rails, plus the 12pp yield access gap for the unbanked.
Impact Score
Score Reasoning
- Importance
- Empirical foundation for settlement feedback loop (Paper 7/8). Constructs FQI, documents 13:1 cost ratio and yield access gap across 41 countries.
- Novelty
- New empirical construct (FQI) and framing of crypto adoption as sectoral productivity gap analogous to Gollin et al. Original natural experiment (India 2022).
- Quality
- Well-structured article with clear decomposition into two components, FQI construction, and natural experiment. Good cross-links.