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Unbanked consumers and how they pay

Author

Listed:
  • Claire Greene

    (Federal Reserve Bank of Atlanta)

  • Oz Shy

    (Federal Reserve Bank of Atlanta)

Abstract

We utilize a representative sample of the U.S. adult population to analyze how unbanked consumers make payments for goods and services and how they pay their bills.

Suggested Citation

  • Claire Greene & Oz Shy, 2024. "Unbanked consumers and how they pay," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 48(1), pages 186-195, March.
    • Handle: RePEc:spr:jecfin:v:48:y:2024:i:1:d:10.1007_s12197-023-09648-5
    DOI: 10.1007/s12197-023-09648-5
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    References listed on IDEAS

    as
    1. Pascaline Dupas & Dean Karlan & Jonathan Robinson & Diego Ubfal, 2018. "Banking the Unbanked? Evidence from Three Countries," American Economic Journal: Applied Economics, American Economic Association, vol. 10(2), pages 257-297, April.
    2. Hendrickson, Joshua R. & Park, Jaevin, 2021. "The case against eliminating large denomination bills," Journal of Macroeconomics, Elsevier, vol. 68(C).
    3. Oz Shy, 2023. "Cash Is Alive: How Economists Explain Holding and Use of Cash," Journal of Economic Literature, American Economic Association, vol. 61(4), pages 1465-1520, December.
    4. Greene, Claire & Stavins, Joanna, 2021. "Income and banking access in the USA: The effect on bill payment choice," Journal of Payments Strategy & Systems, Henry Stewart Publications, vol. 15(3), pages 244-249, September.
    5. Alvarez, Fernando & Argente, David & Jimenez, Rafael & Lippi, Francesco, 2022. "Cash: A Blessing or a curse?," Journal of Monetary Economics, Elsevier, vol. 125(C), pages 85-128.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Unbanked consumers; Payment choice; Digital payments; Payments inclusion;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • J15 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination

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