Choosing Entrepreneurship Over Salaried Work When in Poverty
WRDC researchers Nastasya Winckel and Paul Lewin analyzed nearly two decades of national data to understand better whether self-employment offers a meaningful pathway out of poverty for low-income workers. Their findings show that financial outcomes vary widely and often depend on economic conditions, duration in self-employment, and prior income levels. The study provides a nuanced look at the trade-offs involved and raises important questions for researchers and practitioners focused on poverty alleviation and labor market dynamics.
