A survey released on Jan. 27 by advocacy group Small Business Majority found that almost 1 in 5 Black and Hispanic entrepreneurs expected to permanently close their business over the course of the next three months—a rate higher than for white business owners.
Carlos Avenancio-Leon and Isaac Hacamo
Carlos Avenancio-Leon is assistant professor of finance at the Indiana University Kelley School of Business and a faculty associate at the Center for Research on Race & Ethnicity in Society. Isaac Hacamo is assistant professor of finance at the Indiana University Kelley School of Business. He studies related issues in labor, household finance, and entrepreneurship.
