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Ein zweiter Kreditmarkt für eine zweite Chance

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  • Kritikos Alexander

    (Europa-Universität Viadrina, Frankfurt (Oder), und Athens University of Economics and Business)

  • Wießner Frank

    (Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg)

Abstract

Unregulated credit markets will not finance the majority of unemployed people when they aim to receive a loan for running their own business. In the US an optimal policy mix reduces the entry barriers so that the most promising selfemployment business plans are self-selected and financed via a secondary credit market. By this tool unemployed persons get a second chance which opens the possibility for self-employment. In Germany a similar approach is missing. The existing policy tools in the finance area are not designed to provide a second chance. 378 ß

Suggested Citation

  • Kritikos Alexander & Wießner Frank, 2000. "Ein zweiter Kreditmarkt für eine zweite Chance," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 1(3), pages 357-378, August.
    • Handle: RePEc:bpj:pewipo:v:1:y:2000:i:3:p:357-378:n:7
    DOI: 10.1111/1468-2516.00022
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    References listed on IDEAS

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    1. Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
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    Cited by:

    1. Okhrin, Irena & Richter, Knut, 2011. "An O(T3) algorithm for the capacitated lot sizing problem with minimum order quantities," European Journal of Operational Research, Elsevier, vol. 211(3), pages 507-514, June.
    2. Okhrin, Irena & Richter, Knut, 2010. "The linear dynamic lot size problem with minimum order quantities," Discussion Papers 283, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics.
    3. Alexander S. Kritikos & Christoph Kneiding & Claas Christian Germelmann, 2006. "Is there a Market for Micro-Lending in Industrialized Countries? - Evidence from Germany," Working Papers 0003, Gesellschaft für Arbeitsmarktaktivierung (GfA).

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