Ampudia, Miguel; Ehrmann, Michael - 2017
This paper studies the determinants of being unbanked in the euro area and the United States as well as the effects of … being unbanked on wealth accumulation. Based on household-level data from the euro area Household Finance and Consumption … to be affected, and remarkably more so in the United States than in the euro area. At the same time, there is a role for …