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Business owners in Portugal and the euro area: characteristics and exposure to the pandemic
The interdependencies between households financial situation and the businesses they own are numerous and complex, involving labour market participation, income, assets and debts. These interconnections make business holders particularly exposed to economic shocks. This article, using data from the Household Finance and Consumption Survey, characterizes households’ participation in businesses (non-publicly traded companies or other self-employment activities) and analyses households’ exposure to the pandemic crisis through business ownership.