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Financial Literacy, Wellness and Resilience Among African Americans
October 26, 2020Summary: The financial situation of African Americans lags that of the U.S. population as a whole, and of whites in particular. Simple economic indicators illustrate the gap. While 66% of African Americans report that they are doing at least OK… Read More »
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Household Financial Fragility during COVID-19: Rising Inequality and Unemployment Insurance Benefit Reductions
October 04, 2020Abstract: We draw on new high-frequency survey data collected from repeated cross-sections of Americans between June and November 2020. These data capture rich measures of household financial fragility and employment status. We find evidence of a building “second wave” of… Read More »