Template-Type: ReDIF-Article 1.0

Author-Name: Dániel Horn
Author-Workplace-Name: Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences
Author-Email: horn.daniel@krtk.mta.hu
Author-Person: pho274

Author-Name: Kiss Hubert János
Author-Workplace-Name: Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences
Author-Email: kiss.hubert.janos@krtk.mta.hu
Author-Person: pki288

Title: Who Does Not Have a Bank Account in Hungary Today?

Abstract: Based on a representative sample, the study examines how regional variables and
variables related to settlement type as well as demographic (gender, age), social
(qualifications, income) and labour market characteristics (unemployment, public
sector) and individual preferences (risk-taking and patience) are correlated with
the fact that the respondent has a bank account or bank card or not. The authors
find that having a bank account or bank card is not influenced by whether someone
works in the public sector or not or by the individual’s gender, while the effect of the
preferences depends on the financial service. The impact of the other variables (age,
education, income, unemployment) is in line with expectations and is significant
separately as well as if they are taken into account simultaneously. The analysis
shows that regional impacts and ones related to settlement type are also significant.

Classification-JEL: D14, G2, G4
Keywords: bank account, bank card, risk-taking, financial inclusion, socio-demographic characteristics, patience
Pages: 35-54
Volume: 18
Issue: 4
Year: 2019
File-URL: https://en-hitelintezetiszemle.mnb.hu/letoltes/fer-18-4-st2-horn-kiss.pdf
File-Format: Application/pdf
Handle: RePEc:mnb:finrev:v:18:y:2019:i:4:p:35-54