TY  - JOUR
A1  - Kneiding, Christoph
A1  - Kritikos, Alexander
T1  - Funding self-employment - the role of consumer credit
JF  - Applied economics
N2  - This article investigates whether self-employed households use consumer loans - in particular, instalment loans and overdrafts - to finance business activities. Controlling for financial and nonfinancial household variables, we show that self-employed households particularly use personal overdrafts significantly more often than employee households. When analysing 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  - consumer credit
KW  - financial intermingling
KW  - household business interface
Y1  - 2013
U6  - https://doi.org/10.1080/00036846.2011.637895
SN  - 0003-6846
VL  - 45
IS  - 13
SP  - 1741
EP  - 1749
PB  - Routledge, Taylor & Francis Group
CY  - Abingdon
ER  -