Arbeitspapier
Low-income consumers and payment choice
Low-income consumers are not only constrained with spending, but also with the type and variety of payment methods available to them. Using a representative sample of the U.S. adult population, this paper analyzes the low possession (adoption) of credit and debit cards among lowincome consumers who are also unbanked. Using a random utility model, I estimate the potential welfare gains associated with policy options suggested in the literature to provide subsidized and unsubsidized debit cards to this consumer population.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 2020-3
- Klassifikation
-
Wirtschaft
Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems
- Thema
-
consumer payment choice
household income
financial inclusion
unbanked consumers
random utility analysis
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Shy, Oz
- Ereignis
-
Veröffentlichung
- (wer)
-
Federal Reserve Bank of Atlanta
- (wo)
-
Atlanta, GA
- (wann)
-
2020
- DOI
-
doi:10.29338/wp2020-03
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Shy, Oz
- Federal Reserve Bank of Atlanta
Entstanden
- 2020
Ähnliche Objekte (12)
Low-income consumers' disposition to use automated banking services
Low-income consumers as a source of innovation : insights from idea competitions in Brazilian low-income communities
The income package of low-income German households
Taxation policy in low-income countries
Low-Income Housing Finance in Colombia
Problem debt and low-income households
Health economics for low-income countries
Consumers' spatial choice behavior
Do High-Income or Low-Income Immigrants Leave Faster?
Building thriving companies in low-income economies
Shelter for low-income communities, Pt. 1
Building thriving companies in low-income economies
Low-income consumers' disposition to use automated banking services
Low-income consumers as a source of innovation : insights from idea competitions in Brazilian low-income communities
The income package of low-income German households
Taxation policy in low-income countries
Low-Income Housing Finance in Colombia
Problem debt and low-income households
Health economics for low-income countries
Consumers' spatial choice behavior
Do High-Income or Low-Income Immigrants Leave Faster?
Building thriving companies in low-income economies
Shelter for low-income communities, Pt. 1
Building thriving companies in low-income economies
Low-income consumers' disposition to use automated banking services
Low-income consumers as a source of innovation : insights from idea competitions in Brazilian low-income communities
The income package of low-income German households
Taxation policy in low-income countries
Low-Income Housing Finance in Colombia
Problem debt and low-income households
Health economics for low-income countries
Consumers' spatial choice behavior
Do High-Income or Low-Income Immigrants Leave Faster?
Building thriving companies in low-income economies
Shelter for low-income communities, Pt. 1