ECB paper compares financial inclusion in US and eurozone

ecb-frankfurt-new
European Central Bank

A working paper published by the European Central Bank studies which factors determine whether citizens are "unbanked", or have no commercial bank account.

In Financial inclusion: what's it worth? Miguel Ampudia and Michael Ehrmann look at household-level data for both the eurozone and the US.

Households are more likely to be unbanked if they have low incomes, low education levels or have unemployed members, the authors say. These effects are "remarkably" more pronounced in the US, where 7.5% of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: