TY  - RPRT
        AU  - Kneiding, Christoph
AU  - Kritikos, Alexander S.
        TI  - Funding Self-Employment: The Role of Consumer Credit
        PY  - 2011/Oct/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 6093
        UR  - https://www.iza.org/publications/dp6093
        AB  - 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.
        KW  - small business finance
KW  - financial intermingling
KW  - consumer credit
        ER  -