Publication Date
4-13-2021
Summary
Low wages and material need motivates many to supplement income through entrepreneurship, and policymakers intervened to support such efforts in the COVID-19 economy. What lessons can these supports offer for ongoing efforts to support disadvantaged entrepreneurs? Using data from the 2018 National Financial Capability Study, this brief examines the income volatility and emergency savings of disadvantaged entrepreneurs. The findings suggest the potential of long-term policy mechanisms to improve financial security.
Document Type
Research Brief
Category
Asset building
Subarea
Financial Capability
Original Citation
Huang, J., & Guo, B. (2021, April). Building financial capability and assets for disadvantaged entrepreneurs (CSD Research Brief No. 21-10). Washington University, Center for Social Development. https://doi.org/10.7936/8nyn-h137
Project
Financial Capability and Asset Building
Keywords
financial capability & asset building (FCAB) ; 2021 ; asset-building policy ; COVID-19 ; entrepreneur ; financial capability ; financial inclusion ; financial well-being ; Paycheck Protection Program ;
Recommended Citation
Huang, J., & Guo, B. (2021, April). Building financial capability and assets for disadvantaged entrepreneurs (CSD Research Brief No. 21-10). Washington University, Center for Social Development. https://doi.org/10.7936/8nyn-h137
DOI: https://doi.org/10.7936/8nyn-h137