%0 Report
        %A Kneiding, Christoph
%A Kritikos, Alexander S.
        %T Funding Self-Employment: The Role of Consumer Credit
        %D 2011
        %8 2011 Oct
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 6093
        %U https://www.iza.org/publications/dp6093
        %X 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.
        %K small business finance
%K financial intermingling
%K consumer credit