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

DOI:

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 ;

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