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http://hdl.handle.net/10419/58527
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| Title: | | Funding self-employment: The role of consumer credit  |
| Authors: | | Kneiding, Christoph Kritikos, Alexander S. |
| Issue Date: | | 2011 |
| Series/Report no.: | | Discussion Paper series, Forschungsinstitut zur Zukunft der Arbeit 6093 |
| Abstract: | | This paper investigates whether self-employed households use consumer loans - in particular instalment loans and overdrafts - to finance business activities. Controlling for financial and non-financial household variables we show that self-employed households particularly use personal overdrafts significantly more often than employee households. When analyzing the correlation between consumer loan take-ups and consumption of self-employed in comparison to employee households, we find first evidence that overdrafts are used by self-employed to finance their business as well. This indicates that intermingling constitutes a financing strategy when regular business loans might not be accessible. |
| Subjects: | | small business finance consumer credit financial intermingling |
| JEL: | | G32 D12 D14 |
| Persistent Identifier of the first edition: | | urn:nbn:de:101:1-201111213204 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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