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...

Greece’s currently planned institutional reforms will help to get the country going with limited economic growth. With an economy based primarily on tourism, trade, and agriculture, Greece lacks an established competitive industry and an innovation-friendly environment, resulting in a low...