Dlugosz, Jennifer L.; Melzer, Brian T.; Morgan, Donald P. - 2021
Nearly 25 percent of low-income households in the United States are unbanked. High fees are often cited as a reason … they remain unbanked, leading some to believe that limiting bank fees would improve financial inclusion. We use the federal …-income households that are unbanked decreases, consistent with price ceilings causing the rationing of both overdraft and banking …