Details about Asli Demirguc-Kunt

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Homepage:	https://www.worldbank.org/en/about/people/a/asli-demirguc-kunt
Workplace:	World Bank Group, (more information at EDIRC)

Access statistics for papers by Asli Demirguc-Kunt.

Last updated 2025-01-06. Update your information in the RePEc Author Service.

Short-id: pde226

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Working Papers

2024

1. Are international banks different? Evidence on bank performance and strategy
   Other publications TiSEM, Tilburg University, School of Economics and Management View citations (1)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017)
   BIS Working Papers, Bank for International Settlements (2019)
   Policy Research Working Paper Series, The World Bank (2017)
   See also Journal Article Are International Banks Different? Evidence on Bank Performance and Strategy, Journal of Financial Services Research, Springer (2024) (2024)
2. Corporate Inequality: Role of Competition and Institutions
   Working Papers, Center for Global Development
3. Deposit Insurance and Market Discipline
   Working Papers, Center for Global Development

2023

4. Competition and Firm Recovery Post-COVID-19
   Working Papers, Center for Global Development View citations (4)
   Also in Policy Research Working Paper Series, The World Bank (2021)
   See also Journal Article Competition and firm recovery post-COVID-19, Small Business Economics, Springer (2023) View citations (4) (2023)
5. Corporate Quantitative Easing in Europe during the COVID-19 Crisis and Debt Overhang
   Working Papers, Center for Global Development
6. Effects of Public Sector Wages on Corruption: Wage Inequality Matters
   Working Papers, Center for Global Development
   Also in Policy Research Working Paper Series, The World Bank (2021) View citations (1)
   See also Journal Article Effects of public sector wages on corruption: Wage inequality matters, Journal of Comparative Economics, Elsevier (2023) (2023)
7. Global Bank Lending under Climate Policy
   Working Papers, Center for Global Development View citations (3)
   Also in Policy Research Working Paper Series, The World Bank (2022)
   See also Journal Article Global Bank Lending Under Climate Policy, IMF Economic Review, Palgrave Macmillan (2024) (2024)
8. Government Support and Firm Performance during COVID-19
   Policy Research Working Paper Series, The World Bank
9. Loan Recoveries and the Financing of Zombie Firms over the Business Cycle
   Other publications TiSEM, Tilburg University, School of Economics and Management
   Also in Discussion Paper, Tilburg University, Center for Economic Research (2023)
   Working Papers, Center for Global Development (2023)
10. Protect Incomes or Protect Jobs? The Role of Social Policies in Post-pandemic Recovery
    Working Papers, Center for Global Development
    Also in Policy Research Working Paper Series, The World Bank (2022) View citations (1)
    See also Journal Article Protect incomes or protect jobs? The role of social policies in post-pandemic recovery, World Development, Elsevier (2024) (2024)
11. Regulatory Arbitrage and Loan Location Decisions by Multinational Banks
    Working Papers, Center for Global Development
    See also Journal Article Regulatory arbitrage and loan location decisions by multinational banks, Journal of International Economics, Elsevier (2023) (2023)

2022

12. The Rise of Star Firms: Intangible Capital and Competition
    Working Papers, Center for Global Development
    Also in Policy Research Working Paper Series, The World Bank (2019) View citations (3)
    See also Journal Article The Rise of Star Firms: Intangible Capital and Competition, The Review of Financial Studies, Society for Financial Studies (2024) View citations (1) (2024)

2021

13. Banking Research in the Time of COVID-19
    Policy Research Working Paper Series, The World Bank View citations (30)
    See also Journal Article Banking research in the time of COVID-19, Journal of Financial Stability, Elsevier (2021) View citations (42) (2021)

2020

14. Bank Capital and Risk in Europe and Central Asia Ten Years After the Crisis
    Policy Research Working Paper Series, The World Bank View citations (4)
15. Banking Sector Performance During the COVID-19 Crisis
    Policy Research Working Paper Series, The World Bank View citations (24)
    See also Journal Article Banking sector performance during the COVID-19 crisis, Journal of Banking & Finance, Elsevier (2021) View citations (69) (2021)
16. Determinants of International Buyout Investments
    Policy Research Working Paper Series, The World Bank View citations (1)
    See also Journal Article Determinants of International Buyout Investments, Journal of Financial and Quantitative Analysis, Cambridge University Press (2023) (2023)
17. Measuring Human Capital in Europe and Central Asia
    Policy Research Working Paper Series, The World Bank
18. Opening-up Trajectories and Economic Recovery: Lessons after the First Wave of the COVID-19 Pandemic
    Policy Research Working Paper Series, The World Bank View citations (3)
    See also Journal Article Opening-Up Trajectories and Economic Recovery: Lessons after the First Wave of the COVID-19 Pandemic, CESifo Economic Studies, CESifo Group (2021) View citations (4) (2021)
19. The Sooner, the Better: The Early Economic Impact of Non-Pharmaceutical Interventions during the COVID-19 Pandemic
    Policy Research Working Paper Series, The World Bank View citations (40)
20. Which Firms Benefit from Corporate QE during the COVID-19 Crisis ? The Case of the ECB's Pandemic Emergency Purchase Program
    Policy Research Working Paper Series, The World Bank
    Also in Other publications TiSEM, Tilburg University, School of Economics and Management (2020) View citations (1)
    Other publications TiSEM, Tilburg University, School of Economics and Management (2020) View citations (1)
    Discussion Paper, Tilburg University, Center for Economic Research (2020) View citations (1)
21. Which firms benefit from corporate QE during the COVID-19 crisis? The case of the ECB’s Pandemic Emergency Purchase Program
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)

2019

22. Bank Regulation and Supervision Ten Years after the Global Financial Crisis
    Policy Research Working Paper Series, The World Bank View citations (21)
23. Financial Inclusion in the Europe and Central Asia Region: Recent Trends and a Research Agenda
    Policy Research Working Paper Series, The World Bank View citations (2)
24. Is Short-Term Debt a Substitute or a Complement to Good Governance ?
    Policy Research Working Paper Series, The World Bank View citations (2)
25. Regulatory Arbitrage and Cross-Border Syndicated Loans
    Policy Research Working Paper Series, The World Bank
    Also in Other publications TiSEM, Tilburg University, School of Economics and Management (2019)
    Discussion Paper, Tilburg University, Center for Economic Research (2019)

2018

26. Bank Runs and Moral Hazard: A Review of Deposit Insurance
    Policy Research Working Paper Series, The World Bank View citations (10)
27. Who are America's star firms?
    Policy Research Working Paper Series, The World Bank View citations (2)

2017

28. Financial inclusion and inclusive growth: a review of recent empirical evidence
    Policy Research Working Paper Series, The World Bank View citations (152)
29. Foreign Banks and International Transmission of Monetary Policy: Evidence from the Syndicated Loan Market
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)
    Also in Policy Research Working Paper Series, The World Bank (2017) View citations (9)
    See also Journal Article Foreign banks and international transmission of monetary policy: Evidence from the syndicated loan market, European Economic Review, Elsevier (2020) View citations (11) (2020)
30. Making it easier to apply for a bank account: a study of the Indian market
    Policy Research Working Paper Series, The World Bank View citations (9)
31. Measuring the effectiveness of service delivery: delivery of government provided goods and services in India
    Policy Research Working Paper Series, The World Bank
32. SME finance
    Policy Research Working Paper Series, The World Bank

2016

33. How Does Long-Term Finance Affect Economic Volatility?
    Other publications TiSEM, Tilburg University, School of Economics and Management
    Also in Discussion Paper, Tilburg University, Center for Economic Research (2016)
    Other publications TiSEM, Tilburg University, School of Economics and Management (2016)
    Policy Research Working Paper Series, The World Bank (2016)
    See also Journal Article How does long-term finance affect economic volatility?, Journal of Financial Stability, Elsevier (2017) View citations (11) (2017)
34. Saving for old age
    Policy Research Working Paper Series, The World Bank View citations (1)
35. The microfinance business model: enduring subsidy and modest profit
    Policy Research Working Paper Series, The World Bank View citations (6)
    See also Journal Article The Microfinance Business Model: Enduring Subsidy and Modest Profit, The World Bank Economic Review, World Bank (2018) View citations (29) (2018)

2015

36. Are large firms born or made ? evidence from developing countries
    Policy Research Working Paper Series, The World Bank View citations (2)
    See also Journal Article Are large firms born or made? Evidence from developing countries, Small Business Economics, Springer (2021) View citations (2) (2021)
37. The Global Findex Database 2014: measuring financial inclusion around the world
    Policy Research Working Paper Series, The World Bank View citations (171)
38. The impact of the global financial crisis on firms'capital structure
    Policy Research Working Paper Series, The World Bank View citations (7)
39. What determines entrepreneurial outcomes in emerging markets ? the role of initial conditions
    Policy Research Working Paper Series, The World Bank
    See also Journal Article What Determines Entrepreneurial Outcomes in Emerging Markets? The Role of Initial Conditions, The Review of Financial Studies, Society for Financial Studies (2017) View citations (8) (2017)

2014

40. Bank capital and systemic stability
    Policy Research Working Paper Series, The World Bank View citations (23)
41. Corporate Governance and Bank Insolvency Risk: International Evidence
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (14)
    Also in Policy Research Working Paper Series, The World Bank (2014) View citations (13)
    Other publications TiSEM, Tilburg University, School of Economics and Management (2014) View citations (8)
    Other publications TiSEM, Tilburg University, School of Economics and Management (2014) View citations (8)
    Discussion Paper, Tilburg University, Center for Economic Research (2014) View citations (13)
42. Deposit Insurance Database
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (71)
    Also in IMF Working Papers, International Monetary Fund (2014) View citations (69)
    Policy Research Working Paper Series, The World Bank (2014) View citations (33)
43. Does local financial development matter for firm lifecycle in India ?
    Policy Research Working Paper Series, The World Bank View citations (7)

2013

44. Banks and Microbanks
    CEI Working Paper Series, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University View citations (8)
    Also in Policy Research Working Paper Series, The World Bank (2009) View citations (3)
    See also Journal Article Banks and Microbanks, Journal of Financial Services Research, Springer (2014) View citations (36) (2014)
45. Financial Development in 205 Economies, 1960 to 2010
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (120)
    See also Journal Article Financial Development in 205 Economies, 1960 to 2010, Journal of Financial Perspectives, EY Global FS Institute (2013) View citations (117) (2013)
46. Financial inclusion and legal discrimination against women: evidence from developing countries
    Policy Research Working Paper Series, The World Bank View citations (99)
47. How does Corporate Governance Affect Bank Capitalization Strategies?
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (144)
    Also in Discussion Paper, Tilburg University, Center for Economic Research (2013) View citations (180)
    Policy Research Working Paper Series, The World Bank (2013) View citations (188)
    Other publications TiSEM, Tilburg University, School of Economics and Management (2013) View citations (144)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (180)
48. Incentive audits: a new approach to financial regulation
    Policy Research Working Paper Series, The World Bank View citations (3)
49. Islamic finance and financial inclusion: measuring use of and demand for formal financial services among Muslim adults
    Policy Research Working Paper Series, The World Bank View citations (35)
    See also Journal Article Islamic Finance and Financial Inclusion: Measuring Use of and Demand for Formal Financial Services among Muslim Adults, Review of Middle East Economics and Finance, De Gruyter (2014) View citations (16) (2014)
50. Rethinking the state's role in finance
    Policy Research Working Paper Series, The World Bank View citations (1)
51. Size and age of establishments: evidence from developing countries
    Policy Research Working Paper Series, The World Bank View citations (5)

2012

52. Bank Ownership and Credit over the Business Cycle: Is Lending by State Banks Less Procyclical?
    Discussion Paper, Tilburg University, Center for Economic Research View citations (28)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012) View citations (20)
    Policy Research Working Paper Series, The World Bank (2012) View citations (18)
    Other publications TiSEM, Tilburg University, School of Economics and Management (2012) View citations (14)
    Other publications TiSEM, Tilburg University, School of Economics and Management (2012) View citations (13)
    See also Journal Article Bank ownership and credit over the business cycle: Is lending by state banks less procyclical?, Journal of Banking & Finance, Elsevier (2015) View citations (136) (2015)
53. Bank regulation and supervision around the world: a crisis update
    Policy Research Working Paper Series, The World Bank View citations (37)
54. Benchmarking financial systems around the world
    Policy Research Working Paper Series, The World Bank View citations (154)
55. Financial inclusion in Africa: an overview
    Policy Research Working Paper Series, The World Bank View citations (32)
56. Financing of firms in developing countries: lessons from research
    Policy Research Working Paper Series, The World Bank View citations (27)
57. How does bank competition affect systemic stability ?
    Policy Research Working Paper Series, The World Bank View citations (49)
58. How does deposit insurance affect bank risk ? evidence from the recent crisis
    Policy Research Working Paper Series, The World Bank View citations (10)
    See also Journal Article How does deposit insurance affect bank risk? Evidence from the recent crisis, Journal of Banking & Finance, Elsevier (2014) View citations (166) (2014)
59. Is the financial safety net a barrier to cross-border banking ?
    Policy Research Working Paper Series, The World Bank View citations (9)
    Also in Discussion Paper, Tilburg University, Center for Economic Research (2011) View citations (4)
    Other publications TiSEM, Tilburg University, School of Economics and Management (2011) View citations (1)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (3)
    Other publications TiSEM, Tilburg University, School of Economics and Management (2011) View citations (2)
60. Measuring financial inclusion: the Global Findex Database
    Policy Research Working Paper Series, The World Bank View citations (216)
61. The Evolving Importance of Banks and Securities Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (28)
    Also in Policy Research Working Paper Series, The World Bank (2011) View citations (24)
    See also Journal Article The Evolving Importance of Banks and Securities Markets, The World Bank Economic Review, World Bank (2013) View citations (93) (2013)
62. The foundations of financial inclusion: understanding ownership and use of formal accounts
    Policy Research Working Paper Series, The World Bank View citations (48)
    See also Journal Article The foundations of financial inclusion: Understanding ownership and use of formal accounts, Journal of Financial Intermediation, Elsevier (2016) View citations (289) (2016)

2011

63. Bank capital and stock returns during the financial crisis
    Proceedings, Federal Reserve Bank of Chicago
64. Banking financing for SME's: Evidence across countries and bank ownership types
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (77)
65. Do Phoenix miracles exist ? firm-level evidence from financial crises
    Policy Research Working Paper Series, The World Bank View citations (1)
66. Do We need Big Banks? Evidence on Performance, Strategy and Market Discipline
    Discussion Paper, Tilburg University, Center for Economic Research View citations (16)
    Also in Other publications TiSEM, Tilburg University, School of Economics and Management (2011) View citations (11)
    Other publications TiSEM, Tilburg University, School of Economics and Management (2011) View citations (11)
    Policy Research Working Paper Series, The World Bank (2011) View citations (15)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (15)
    See also Journal Article Do we need big banks? Evidence on performance, strategy and market discipline, Journal of Financial Intermediation, Elsevier (2013) View citations (155) (2013)
67. Has the global banking system become more fragile over time ?
    Policy Research Working Paper Series, The World Bank View citations (13)
    See also Journal Article Has the global banking system become more fragile over time?, Journal of Financial Stability, Elsevier (2014) View citations (27) (2014)
68. Is small beautiful ? financial structure, size and access to finance
    Policy Research Working Paper Series, The World Bank View citations (4)
    See also Journal Article Is Small Beautiful? Financial Structure, Size and Access to Finance, World Development, Elsevier (2013) View citations (26) (2013)
69. Remittances and financial inclusion: evidence from El Salvador
    Policy Research Working Paper Series, The World Bank View citations (8)
    See also Journal Article Remittances and Financial Inclusion: Evidence from El Salvador, World Development, Elsevier (2014) View citations (55) (2014)

2010

70. A framework for analyzing competition in the banking sector: an application to the case of Jordan
    Policy Research Working Paper Series, The World Bank View citations (23)
71. Are Banks Too Big to Fail or Too Big to Save? International Evidence from Equity Prices and CDS Spreads
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (43)
    Also in Policy Research Working Paper Series, The World Bank (2010) View citations (61)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (56)
    Other publications TiSEM, Tilburg University, School of Economics and Management (2010) View citations (43)
    Discussion Paper, Tilburg University, Center for Economic Research (2010) View citations (54)
    See also Journal Article Are banks too big to fail or too big to save? International evidence from equity prices and CDS spreads, Journal of Banking & Finance, Elsevier (2013) View citations (145) (2013)
72. Are innovating firms victims or perpetrators ? tax evasion, bribe payments, and the role of external finance in developing countries
    Policy Research Working Paper Series, The World Bank View citations (17)
73. Bank Capital: Lessons From the Financial Crisis
    IMF Working Papers, International Monetary Fund View citations (48)
    Also in Policy Research Working Paper Series, The World Bank (2010) View citations (40)
    See also Journal Article Bank Capital: Lessons from the Financial Crisis, Journal of Money, Credit and Banking, Blackwell Publishing (2013) View citations (228) (2013)
74. Basel Core Principles and Bank Risk: Does Compliance Matter?
    IMF Working Papers, International Monetary Fund View citations (12)
75. Islamic vs. conventional banking: business model, efficiency and stability
    Policy Research Working Paper Series, The World Bank View citations (45)
    See also Journal Article Islamic vs. conventional banking: Business model, efficiency and stability, Journal of Banking & Finance, Elsevier (2013) View citations (454) (2013)

2009

76. Are all the sacred cows dead ? implications of the financial crisis for macro and financial policies
    Policy Research Working Paper Series, The World Bank View citations (7)
    See also Journal Article Are All the Sacred Cows Dead? Implications of the Financial Crisis for Macro- and Financial Policies, The World Bank Research Observer, World Bank (2010) View citations (18) (2010)
77. Bank Activity and Funding Strategies: The Impact on Risk and Return
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (7)
    Also in Discussion Paper, Tilburg University, Center for Economic Research (2009) View citations (23)
    Policy Research Working Paper Series, The World Bank (2009) View citations (23)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (28)
    See also Journal Article Bank activity and funding strategies: The impact on risk and returns, Journal of Financial Economics, Elsevier (2010) View citations (597) (2010)
78. Bank Financing for SMEs: Evidence Across Countries and Bank-Ownership Types
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (3)
    Also in Other publications TiSEM, Tilburg University, School of Economics and Management (2009) View citations (3)
    Discussion Paper, Tilburg University, Center for Economic Research (2009) View citations (4)
    See also Journal Article Bank Financing for SMEs: Evidence Across Countries and Bank Ownership Types, Journal of Financial Services Research, Springer (2011) View citations (106) (2011)
79. Basel core principles and bank soundness: does compliance matter ?
    Policy Research Working Paper Series, The World Bank View citations (4)
    See also Journal Article Basel Core Principles and bank soundness: Does compliance matter?, Journal of Financial Stability, Elsevier (2011) View citations (68) (2011)
80. Does regulatory supervision curtail microfinance profitability and outreach ?
    Policy Research Working Paper Series, The World Bank View citations (4)
    See also Journal Article Does Regulatory Supervision Curtail Microfinance Profitability and Outreach?, World Development, Elsevier (2011) View citations (125) (2011)
81. Entrepreneurship in post-conflict transition: the role of informality and access to finance
    Policy Research Working Paper Series, The World Bank View citations (21)
82. Finance and Inequality: Theory and Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (237)
    Also in Policy Research Working Paper Series, The World Bank (2009) View citations (236)
    See also Journal Article Finance and Inequality: Theory and Evidence, Annual Review of Financial Economics, Annual Reviews (2009) View citations (237) (2009)
83. Financial institutions and markets across countries and over time - data and analysis
    Policy Research Working Paper Series, The World Bank View citations (251)
84. Microfinance tradeoffs: regulation, competition, and financing
    Policy Research Working Paper Series, The World Bank View citations (1)
    See also Chapter Microfinance Trade-Offs: Regulation, Competition and Financing, World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd. (2011) View citations (5) (2011)
85. Remittances and banking sector breadth and depth: evidence from Mexico
    Policy Research Working Paper Series, The World Bank View citations (2)
    See also Journal Article Remittances and banking sector breadth and depth: Evidence from Mexico, Journal of Development Economics, Elsevier (2011) View citations (88) (2011)

2008

86. Bank Financing for SMEs around the World: Drivers, Obstacles, Business Models, and Lending Practices
    Policy Research Working Paper Series, The World Bank View citations (44)
87. Banking services for everyone? Barriers to bank access and use around the world
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (134)
    Also in Policy Research Working Paper Series, The World Bank (2006) View citations (29)
    See also Journal Article Banking Services for Everyone? Barriers to Bank Access and Use around the World, The World Bank Economic Review, World Bank (2008) View citations (126) (2008)
88. Finance and economic opportunity
    Policy Research Working Paper Series, The World Bank View citations (22)
89. Finance for all?: Policies and pitfalls in expanding access
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (128)
90. Finance, financial sector policies, and long-run growth
    Policy Research Working Paper Series, The World Bank View citations (153)
    See also Book Finance, Financial Sector Policies, and Long-Run Growth, World Bank Publications - Books, The World Bank Group (2008) View citations (132) (2008)
91. Finance, firm size and growth
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (308)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (37)
    Policy Research Working Paper Series, The World Bank (2005) View citations (28)
    See also Journal Article Finance, Firm Size, and Growth, Journal of Money, Credit and Banking, Blackwell Publishing (2008) View citations (326) (2008)
92. Financing patterns around the world: Are small firms different?
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (477)
    See also Journal Article Financing patterns around the world: Are small firms different?, Journal of Financial Economics, Elsevier (2008) View citations (431) (2008)
93. Formal versus informal finance: evidence from China
    Policy Research Working Paper Series, The World Bank View citations (29)
    See also Journal Article Formal versus Informal Finance: Evidence from China, The Review of Financial Studies, Society for Financial Studies (2010) View citations (294) (2010)
94. Microfinance meets the market
    Policy Research Working Paper Series, The World Bank View citations (18)
    See also Chapter Microfinance meets the market, Contemporary Studies in Economic and Financial Analysis, Emerald Group Publishing Limited (2009) View citations (17) (2009)
    Journal Article Microfinance Meets the Market, Journal of Economic Perspectives, American Economic Association (2009) View citations (243) (2009)
95. The 2007 Meltdown in Structured Securitization: Searching for Lessons not Scapegoats
    Center for Development Economics, Department of Economics, Williams College View citations (12)
    Also in Department of Economics Working Papers, Department of Economics, Williams College (2008)
    Policy Research Working Paper Series, The World Bank (2008) View citations (7)
    See also Journal Article The 2007 Meltdown in Structured Securitization: Searching for Lessons, not Scapegoats, The World Bank Research Observer, World Bank (2010) View citations (11) (2010)

2007

96. Determinants of Deposit-Insurance Adoption and Design
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)
    Also in Policy Research Working Paper Series, The World Bank (2006) View citations (19)
    See also Journal Article Determinants of deposit-insurance adoption and design, Journal of Financial Intermediation, Elsevier (2008) View citations (96) (2008)
97. Firm innovation in emerging markets: the roles of governance and finance
    Policy Research Working Paper Series, The World Bank View citations (33)

2006

98. Banking on the Principles: Compliance with Basel Core Principles and Bank Soundness
    IMF Working Papers, International Monetary Fund View citations (25)
    Also in Policy Research Working Paper Series, The World Bank (2006) View citations (34)
    See also Journal Article Banking on the principles: Compliance with Basel Core Principles and bank soundness, Journal of Financial Intermediation, Elsevier (2008) View citations (157) (2008)
99. Deposit insurance design and implementation: policy lessons from research and practice
    Policy Research Working Paper Series, The World Bank View citations (7)
100. Do workers'remittances promote financial development ?
     Policy Research Working Paper Series, The World Bank View citations (55)
101. Finance and economic development: policy choices for developing countries
     Policy Research Working Paper Series, The World Bank View citations (21)
102. Financial performance and outreach: a global analysis of leading microbanks
     Policy Research Working Paper Series, The World Bank View citations (31)
     See also Journal Article Financial performance and outreach: a global analysis of leading microbanks, Economic Journal, Royal Economic Society (2007) View citations (324) (2007)
103. How important are financing constraints ? The role of finance in the business environment
     Policy Research Working Paper Series, The World Bank View citations (33)
     See also Journal Article How Important Are Financing Constraints? The Role of Finance in the Business Environment, The World Bank Economic Review, World Bank (2008) View citations (172) (2008)
104. The determinants of financing obstacles
     Other publications TiSEM, Tilburg University, School of Economics and Management View citations (409)
     Also in Policy Research Working Paper Series, The World Bank (2004) View citations (15)
     See also Journal Article The determinants of financing obstacles, Journal of International Money and Finance, Elsevier (2006) View citations (386) (2006)
105. What determines protection of property rights ? An analysis of direct and indirect effects
     Policy Research Working Paper Series, The World Bank View citations (3)
     See also Journal Article What Determines Protection of Property Rights? An Analysis of Direct and Indirect Effects, Journal of Financial Econometrics, Oxford University Press (2013) View citations (9) (2013)

2005

106. Bank Concentration and Fragility: Impact and Mechanics
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
     See also Chapter Bank Concentration and Fragility. Impact and Mechanics, NBER Chapters, National Bureau of Economic Research, Inc (2007) View citations (23) (2007)
107. Bank Supervision and Corruption in Lending
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
     See also Journal Article Bank supervision and corruption in lending, Journal of Monetary Economics, Elsevier (2006) View citations (255) (2006)
108. Cross-Country Empirical Studies of Systemic Bank Distress: A Survey
     IMF Working Papers, International Monetary Fund View citations (257)
     Also in Policy Research Working Paper Series, The World Bank (2005) View citations (281)
     See also Journal Article Cross-Country Empirical Studies of Systemic Bank Distress: A Survey, National Institute Economic Review, National Institute of Economic and Social Research (2005) View citations (16) (2005)
109. Deposit insurance around the world: a comprehensive database
     Policy Research Working Paper Series, The World Bank View citations (136)
110. How well do institutional theories explain firms'perceptions of property rights?
     Policy Research Working Paper Series, The World Bank View citations (6)
     See also Journal Article How Well Do Institutional Theories Explain Firms' Perceptions of Property Rights?, The Review of Financial Studies, Society for Financial Studies (2008) View citations (36) (2008)
111. Reaching out: access to and use of banking services across countries
     Policy Research Working Paper Series, The World Bank View citations (44)
     See also Journal Article Reaching out: Access to and use of banking services across countries, Journal of Financial Economics, Elsevier (2007) View citations (350) (2007)
112. SMEs, Growth, and Poverty
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (137)
     Also in World Bank Publications - Reports, The World Bank Group (2004) View citations (10)

2004

113. Business Environment and the Incorporation Decision
     Policy Research Working Paper Series, The World Bank View citations (9)
     See also Journal Article Business environment and the incorporation decision, Journal of Banking & Finance, Elsevier (2006) View citations (90) (2006)
114. Finance, Inequality, and Poverty: Cross-Country Evidence
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (123)
     Also in Policy Research Working Paper Series, The World Bank (2004) View citations (101)
115. Law and Firms' Access to Finance
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
     Also in Policy Research Working Paper Series, The World Bank (2004) View citations (12)
     See also Journal Article Law and Firms' Access to Finance, American Law and Economics Review, American Law and Economics Association (2005) View citations (41) (2005)

2003

116. Bank Concentration and Crises
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (79)
     Also in Policy Research Working Paper Series, The World Bank (2003) View citations (89)
117. Bank Supervision and Corporate Finance
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (25)
     Also in Policy Research Working Paper Series, The World Bank (2003) View citations (20)
118. Bank competition, financing obstacles, and access to credit
     Policy Research Working Paper Series, The World Bank View citations (26)
119. Deposit Insurance: Handle With Care
     Working Papers Central Bank of Chile, Central Bank of Chile View citations (1)
     See also Chapter Deposit Insurance: Handle with Care, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2004) View citations (6) (2004)
120. Financial and legal institutions and firm size
     Policy Research Working Paper Series, The World Bank View citations (20)
121. Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (63)
     See also Journal Article Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation, Journal of Money, Credit and Banking, Blackwell Publishing (2004) View citations (295) (2004)
122. Small and medium enterprises across the globe: a new database
     Policy Research Working Paper Series, The World Bank View citations (64)
123. Small and medium enterprises, growth, and poverty: cross-country evidence
     Policy Research Working Paper Series, The World Bank View citations (10)
124. The impact of bank regulations, concentration, and institutions on bank margins
     Policy Research Working Paper Series, The World Bank View citations (34)

2002

125. Financial and legal constraints to firm growth - Does size matter?
     Policy Research Working Paper Series, The World Bank View citations (88)
126. Financing patterns around the world: the role of institutions
     Policy Research Working Paper Series, The World Bank View citations (19)
127. Law and Finance: Why Does Legal Origin Matter?
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (36)
     Also in Policy Research Working Paper Series, The World Bank (2002) View citations (30)
     See also Journal Article Law and finance: why does legal origin matter?, Journal of Comparative Economics, Elsevier (2003) View citations (856) (2003)
128. Law, Endowment, and Finance
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
     See also Journal Article Law, endowments, and finance, Journal of Financial Economics, Elsevier (2003) View citations (375) (2003)

2001

129. Deposit Insurance Around the Globe: Where Does it Work?
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
     Also in Policy Research Working Paper Series, The World Bank (2001) View citations (13)
     See also Journal Article Deposit Insurance Around the Globe: Where Does It Work?, Journal of Economic Perspectives, American Economic Association (2002) View citations (189) (2002)
130. Deposit insurance and moral hazard
     Proceedings, Federal Reserve Bank of Chicago View citations (1)
131. Firms as financial intermediaries - evidence from trade credit data
     Policy Research Working Paper Series, The World Bank View citations (150)
132. Law, politics, and finance
     Policy Research Working Paper Series, The World Bank View citations (30)

2000

133. Does Deposit Insurance Increase Banking System Stability?
     IMF Working Papers, International Monetary Fund View citations (88)
134. Does Deposit Insurance Increase Banking System Stability? An Empirical Investigation
     Econometric Society World Congress 2000 Contributed Papers, Econometric Society View citations (75)
     Also in Policy Research Working Paper Series, The World Bank (1999) View citations (50)
     See also Journal Article Does deposit insurance increase banking system stability? An empirical investigation, Journal of Monetary Economics, Elsevier (2002) View citations (689) (2002)
135. Financial structure and bank profitability
     Policy Research Working Paper Series, The World Bank View citations (115)
136. Financial structure and economic development - firm, industry, and country evidence
     Policy Research Working Paper Series, The World Bank View citations (62)
137. Funding growth in bank-based and market-based financial systems: evidence from firm level data
     Policy Research Working Paper Series, The World Bank View citations (26)
     See also Journal Article Funding growth in bank-based and market-based financial systems: evidence from firm-level data, Journal of Financial Economics, Elsevier (2002) View citations (248) (2002)
138. Inside the Crisis: An Empirical Analysis of Banking Systems in Distress
     IMF Working Papers, International Monetary Fund View citations (42)
     Also in Policy Research Working Paper Series, The World Bank (2000) View citations (51)
     See also Journal Article Inside the crisis: An empirical analysis of banking systems in distress, Journal of International Money and Finance, Elsevier (2006) View citations (123) (2006)

1999

139. A new database on financial development and structure
     Policy Research Working Paper Series, The World Bank View citations (328)
140. Bank-based and market-based financial systems - cross-country comparisons
     Policy Research Working Paper Series, The World Bank View citations (265)
141. Capital Structure in Developing Countries
     Rotman School of Management - Finance, Rotman School of Management, University of Toronto View citations (80)
     See also Journal Article Capital Structures in Developing Countries, Journal of Finance, American Finance Association (2001) View citations (739) (2001)
142. Market Discipline and Financial Safety Net Design
     CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (62)
     Also in Policy Research Working Paper Series, The World Bank (1999) View citations (41)
143. Monitoring Banking Sector Fragility: A Multivariate Logit Approach
     IMF Working Papers, International Monetary Fund View citations (56)
     See also Journal Article Monitoring Banking Sector Fragility: A Multivariate Logit Approach, The World Bank Economic Review, World Bank (2000) View citations (145) (2000)
144. Monitoring banking sector fragility: a multivariate logit approach with an application to the 1996-97 banking crises
     Policy Research Working Paper Series, The World Bank View citations (36)
145. Taking stock of pension reforms around the world
     Social Protection Discussion Papers and Notes, The World Bank View citations (27)

1998

146. Determinants of commercial bank interest margins and profitability: some international evidence
     Policy Research Working Paper Series, The World Bank View citations (113)
     See also Journal Article Determinants of Commercial Bank Interest Margins and Profitability: Some International Evidence, The World Bank Economic Review, World Bank (1999) View citations (773) (1999)
147. Financial Liberalization and Financial Fragility
     IMF Working Papers, International Monetary Fund View citations (241)
     Also in Policy Research Working Paper Series, The World Bank (1998) View citations (292)
148. How does foreign entry affect the domestic banking market?
     Policy Research Working Paper Series, The World Bank View citations (74)
     See also Journal Article How does foreign entry affect domestic banking markets?, Journal of Banking & Finance, Elsevier (2001) View citations (717) (2001)

1997

149. The Determinants of Banking Crises: Evidence From Developing and Developed Countries
     IMF Working Papers, International Monetary Fund View citations (205)
150. The determinants of banking crises: evidence from industrial and developing countries
     Policy Research Working Paper Series, The World Bank View citations (118)
151. The role of long term finance: theory and evidence
     Policy Research Working Paper Series, The World Bank View citations (19)
     See also Journal Article The Role of Long-Term Finance: Theory and Evidence, The World Bank Research Observer, World Bank (1998) View citations (32) (1998)

1996

152. Financial constraints, uses of funds, and firm growth: an international comparison
     Policy Research Working Paper Series, The World Bank View citations (34)
153. Institutions, financial markets, and firms'choice of debt maturity
     Policy Research Working Paper Series, The World Bank View citations (3)

1995

154. Barriers to portfolio investment in emerging stock markets
     Other publications TiSEM, Tilburg University, School of Economics and Management View citations (16)
     Also in Working Papers, Tilburg - Center for Economic Research (1993) View citations (7)
     Policy Research Working Paper Series, The World Bank (1992) View citations (1)
     See also Journal Article Barriers to portfolio investments in emerging stock markets, Journal of Development Economics, Elsevier (1995) View citations (18) (1995)
155. Costa Rican pension system: options for reform
     Policy Research Working Paper Series, The World Bank
156. Stock market development and financial intermediaries: stylized facts
     Policy Research Working Paper Series, The World Bank View citations (41)
     See also Journal Article Stock Market Development and Financial Intermediaries: Stylized Facts, The World Bank Economic Review, World Bank (1996) View citations (312) (1996)
157. Stock market development and firm financing choices
     Policy Research Working Paper Series, The World Bank View citations (34)

1994

158. Capital structures in developing countries: evidence from ten countries
     Policy Research Working Paper Series, The World Bank View citations (8)
159. The financial system and public enterprise reform: concepts and cases
     Policy Research Working Paper Series, The World Bank View citations (25)

1993

160. Barriers to portfolio investments in emerging stock markets (Revised)
     Discussion Paper, Tilburg University, Center for Economic Research
     Also in Other publications TiSEM, Tilburg University, School of Economics and Management (1993)
161. Heterogeneity in Bank Valuation of LCD Debt: Evidence from the 1988 Brazilian Debt-Reduction Program
     Working Papers, C.V. Starr Center for Applied Economics, New York University View citations (1)
     See also Journal Article Heterogeneity in bank valuation of LDC debt: Evidence from the 1988 Brazilian debt-reduction program, Journal of Monetary Economics, Elsevier (1997) (1997)
162. North American free trade agreement: issues on trade in financial services for Mexico
     Policy Research Working Paper Series, The World Bank View citations (2)
163. Official credits to developing countries: Implicit transfers to the banks
     Other publications TiSEM, Tilburg University, School of Economics and Management View citations (10)
     Also in Policy Research Working Paper Series, The World Bank (1991)
     See also Journal Article Official Credits to Developing Countries: Implicit Transfers to the Banks, Journal of Money, Credit and Banking, Blackwell Publishing (1993) View citations (10) (1993)
164. Stock market development and financial intermediary growth: a research agenda
     Policy Research Working Paper Series, The World Bank View citations (14)

1992

165. Burden-sharing among official and private creditors
     Policy Research Working Paper Series, The World Bank View citations (9)
166. Creditor country regulations and commercial bank lending to developing countries
     Policy Research Working Paper Series, The World Bank View citations (1)
167. Developing country capital structures and emerging stock markets
     Policy Research Working Paper Series, The World Bank View citations (4)
168. Interest rates, official lending, and the debt crisis: a reassessment
     Policy Research Working Paper Series, The World Bank View citations (1)
     See also Journal Article Interest rates, official lending, and the debt crisis: A reassessment, Journal of Development Economics, Elsevier (1994) View citations (7) (1994)
169. The Brady Plan, the 1989 Mexican debt reduction agreement, and bank stock returns in the United States and Japan
     Policy Research Working Paper Series, The World Bank
     See also Journal Article The Brady Plan, 1989 Mexican Debt-Reduction Agreement, and Bank Stock Returns in United States and Japan, Journal of Money, Credit and Banking, Blackwell Publishing (1993) View citations (5) (1993)

1991

170. Capital positions of Japanese banks
     Policy Research Working Paper Series, The World Bank View citations (2)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (1990) View citations (3)
     Proceedings, Federal Reserve Bank of Chicago (1990)
171. On the valuation of deposit institutions
     Working Papers (Old Series), Federal Reserve Bank of Cleveland
172. Principal-agent problems in commercial-bank failure decisions
     Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (4)
173. The role of officially supported export credits in sub-Saharan Africa's external financing
     Policy Research Working Paper Series, The World Bank

1990

174. The menu approach to developing country external debt: an analysis of commercial banks'choice behavior
     Policy Research Working Paper Series, The World Bank View citations (4)

1989

175. Modeling large commercial-bank failures: a simultaneous-equation analysis
     Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (9)

1988

176. Testing for speculative bubbles in stock prices
     Working Papers (Old Series), Federal Reserve Bank of Cleveland
177. Using SMVAM as a linear approximation to a nonlinear function: a note
     Working Papers (Old Series), Federal Reserve Bank of Cleveland

Journal Articles

2024

1. Are International Banks Different? Evidence on Bank Performance and Strategy
   Journal of Financial Services Research, 2024, 66, (2), 101-142
   See also Working Paper Are international banks different? Evidence on bank performance and strategy, Other publications TiSEM (2024) View citations (1) (2024)
2. Bank capital regulation and risk after the Global Financial Crisis
   Journal of Financial Stability, 2024, 74, (C)
3. Global Bank Lending Under Climate Policy
   IMF Economic Review, 2024, 72, (2), 858-901
   See also Working Paper Global Bank Lending under Climate Policy, Working Papers (2023) View citations (3) (2023)
4. Protect incomes or protect jobs? The role of social policies in post-pandemic recovery
   World Development, 2024, 182, (C)
   See also Working Paper Protect Incomes or Protect Jobs? The Role of Social Policies in Post-pandemic Recovery, Working Papers (2023) (2023)
5. The Rise of Star Firms: Intangible Capital and Competition
   The Review of Financial Studies, 2024, 37, (3), 882-949 View citations (1)
   See also Working Paper The Rise of Star Firms: Intangible Capital and Competition, Working Papers (2022) (2022)

2023

6. Competition and firm recovery post-COVID-19
   Small Business Economics, 2023, 61, (4), 1555-1586 View citations (4)
   See also Working Paper Competition and Firm Recovery Post-COVID-19, Working Papers (2023) View citations (4) (2023)
7. Corporate QE in Europe during the COVID-19 crisis and debt overhang
   Journal of International Money and Finance, 2023, 135, (C) View citations (2)
8. Determinants of International Buyout Investments
   Journal of Financial and Quantitative Analysis, 2023, 58, (2), 875-913
   See also Working Paper Determinants of International Buyout Investments, Policy Research Working Paper Series (2020) View citations (1) (2020)
9. Effects of public sector wages on corruption: Wage inequality matters
   Journal of Comparative Economics, 2023, 51, (3), 941-959
   See also Working Paper Effects of Public Sector Wages on Corruption: Wage Inequality Matters, Working Papers (2023) (2023)
10. Regulatory arbitrage and loan location decisions by multinational banks
    Journal of International Economics, 2023, 145, (C)
    See also Working Paper Regulatory Arbitrage and Loan Location Decisions by Multinational Banks, Working Papers (2023) (2023)

2022

11. Measuring human capital in middle income countries
    Journal of Comparative Economics, 2022, 50, (4), 1036-1067 View citations (6)

2021

12. Are large firms born or made? Evidence from developing countries
    Small Business Economics, 2021, 57, (1), 191-219 View citations (2)
    See also Working Paper Are large firms born or made ? evidence from developing countries, Policy Research Working Paper Series (2015) View citations (2) (2015)
13. Banking research in the time of COVID-19
    Journal of Financial Stability, 2021, 57, (C) View citations (42)
    See also Working Paper Banking Research in the Time of COVID-19, Policy Research Working Paper Series (2021) View citations (30) (2021)
14. Banking sector performance during the COVID-19 crisis
    Journal of Banking & Finance, 2021, 133, (C) View citations (69)
    See also Working Paper Banking Sector Performance During the COVID-19 Crisis, Policy Research Working Paper Series (2020) View citations (24) (2020)
15. How common are credit-less recoveries? Firm-level evidence on the role of financial markets in crisis recovery
    Journal of Corporate Finance, 2021, 69, (C) View citations (1)
16. Opening-Up Trajectories and Economic Recovery: Lessons after the First Wave of the COVID-19 Pandemic
    CESifo Economic Studies, 2021, 67, (3), 332-369 View citations (4)
    See also Working Paper Opening-up Trajectories and Economic Recovery: Lessons after the First Wave of the COVID-19 Pandemic, Policy Research Working Paper Series (2020) View citations (3) (2020)
17. The sooner, the better: The economic impact of non‐pharmaceutical interventions during the early stage of the COVID‐19 pandemic
    Economics of Transition and Institutional Change, 2021, 29, (4), 551-573 View citations (5)

2020

18. Foreign banks and international transmission of monetary policy: Evidence from the syndicated loan market
    European Economic Review, 2020, 129, (C) View citations (11)
    See also Working Paper Foreign Banks and International Transmission of Monetary Policy: Evidence from the Syndicated Loan Market, CEPR Discussion Papers (2017) View citations (9) (2017)
19. The Global Findex Database 2017: Measuring Financial Inclusion and Opportunities to Expand Access to and Use of Financial Services*
    The World Bank Economic Review, 2020, 34, (Supplement_1), S2-S8 View citations (62)
20. The global financial crisis and the capital structure of firms: Was the impact more severe among SMEs and non-listed firms?
    Journal of Corporate Finance, 2020, 60, (C) View citations (58)

2018

21. Bank capital, institutional environment and systemic stability
    Journal of Financial Stability, 2018, 37, (C), 97-106 View citations (48)
22. Corporate governance of banks and financial stability
    Journal of Financial Economics, 2018, 130, (2), 327-346 View citations (56)
23. The Microfinance Business Model: Enduring Subsidy and Modest Profit
    The World Bank Economic Review, 2018, 32, (2), 221-244 View citations (29)
    See also Working Paper The microfinance business model: enduring subsidy and modest profit, Policy Research Working Paper Series (2016) View citations (6) (2016)

2017

24. How does long-term finance affect economic volatility?
    Journal of Financial Stability, 2017, 33, (C), 41-59 View citations (11)
    See also Working Paper How Does Long-Term Finance Affect Economic Volatility?, Other publications TiSEM (2016) (2016)
25. What Determines Entrepreneurial Outcomes in Emerging Markets? The Role of Initial Conditions
    The Review of Financial Studies, 2017, 30, (7), 2478-2522 View citations (8)
    See also Working Paper What determines entrepreneurial outcomes in emerging markets ? the role of initial conditions, Policy Research Working Paper Series (2015) (2015)

2016

26. Corporate governance and bank capitalization strategies
    Journal of Financial Intermediation, 2016, 26, (C), 1-27 View citations (48)
27. Should cross-border banking benefit from the financial safety net?
    Journal of Financial Intermediation, 2016, 27, (C), 51-67 View citations (5)
28. The foundations of financial inclusion: Understanding ownership and use of formal accounts
    Journal of Financial Intermediation, 2016, 27, (C), 1-30 View citations (289)
    See also Working Paper The foundations of financial inclusion: understanding ownership and use of formal accounts, Policy Research Working Paper Series (2012) View citations (48) (2012)

2015

29. Bank ownership and credit over the business cycle: Is lending by state banks less procyclical?
    Journal of Banking & Finance, 2015, 50, (C), 326-339 View citations (136)
    See also Working Paper Bank Ownership and Credit over the Business Cycle: Is Lending by State Banks Less Procyclical?, Discussion Paper (2012) View citations (28) (2012)
30. Deposit insurance around the world: A comprehensive analysis and database
    Journal of Financial Stability, 2015, 20, (C), 155-183 View citations (78)

2014

31. Banks and Microbanks
    Journal of Financial Services Research, 2014, 46, (1), 1-53 View citations (36)
    See also Working Paper Banks and Microbanks, CEI Working Paper Series (2013) View citations (8) (2013)
32. Bribe Payments and Innovation in Developing Countries: Are Innovating Firms Disproportionately Affected?
    Journal of Financial and Quantitative Analysis, 2014, 49, (1), 51-75 View citations (42)
33. Has the global banking system become more fragile over time?
    Journal of Financial Stability, 2014, 13, (C), 202-213 View citations (27)
    See also Working Paper Has the global banking system become more fragile over time ?, Policy Research Working Paper Series (2011) View citations (13) (2011)
34. How does competition affect bank systemic risk?
    Journal of Financial Intermediation, 2014, 23, (1), 1-26 View citations (253)
35. How does deposit insurance affect bank risk? Evidence from the recent crisis
    Journal of Banking & Finance, 2014, 48, (C), 312-321 View citations (166)
    See also Working Paper How does deposit insurance affect bank risk ? evidence from the recent crisis, Policy Research Working Paper Series (2012) View citations (10) (2012)
36. Islamic Finance and Financial Inclusion: Measuring Use of and Demand for Formal Financial Services among Muslim Adults
    Review of Middle East Economics and Finance, 2014, 10, (2), 177-218 View citations (16)
    See also Working Paper Islamic finance and financial inclusion: measuring use of and demand for formal financial services among Muslim adults, Policy Research Working Paper Series (2013) View citations (35) (2013)
37. Presidential Address: Financial Inclusion
    Atlantic Economic Journal, 2014, 42, (4), 349-356 View citations (2)
38. Remittances and Financial Inclusion: Evidence from El Salvador
    World Development, 2014, 54, (C), 338-349 View citations (55)
    See also Working Paper Remittances and financial inclusion: evidence from El Salvador, Policy Research Working Paper Series (2011) View citations (8) (2011)
39. Who creates jobs in developing countries?
    Small Business Economics, 2014, 43, (1), 75-99 View citations (98)

2013

40. Are banks too big to fail or too big to save? International evidence from equity prices and CDS spreads
    Journal of Banking & Finance, 2013, 37, (3), 875-894 View citations (145)
    See also Working Paper Are Banks Too Big to Fail or Too Big to Save? International Evidence from Equity Prices and CDS Spreads, Other publications TiSEM (2010) View citations (43) (2010)
41. Bank Capital: Lessons from the Financial Crisis
    Journal of Money, Credit and Banking, 2013, 45, (6), 1147-1164 View citations (228)
    Also in Journal of Money, Credit and Banking, 2013, 45, (6), 1147-1164 (2013) View citations (87)
    See also Working Paper Bank Capital: Lessons From the Financial Crisis, IMF Working Papers (2010) View citations (48) (2010)
42. Bank regulation and supervision in the context of the global crisis
    Journal of Financial Stability, 2013, 9, (4), 733-746 View citations (31)
43. Do we need big banks? Evidence on performance, strategy and market discipline
    Journal of Financial Intermediation, 2013, 22, (4), 532-558 View citations (155)
    See also Working Paper Do We need Big Banks? Evidence on Performance, Strategy and Market Discipline, Discussion Paper (2011) View citations (16) (2011)
44. Financial Development in 205 Economies, 1960 to 2010
    Journal of Financial Perspectives, 2013, 1, (2), 17-36 View citations (117)
    See also Working Paper Financial Development in 205 Economies, 1960 to 2010, NBER Working Papers (2013) View citations (120) (2013)
45. Financial Structure and Economic Development: A Reassessment-super-♣
    The World Bank Economic Review, 2013, 27, (3), 470-475 View citations (5)
46. Is Small Beautiful? Financial Structure, Size and Access to Finance
    World Development, 2013, 52, (C), 19-33 View citations (26)
    See also Working Paper Is small beautiful ? financial structure, size and access to finance, Policy Research Working Paper Series (2011) View citations (4) (2011)
47. Islamic vs. conventional banking: Business model, efficiency and stability
    Journal of Banking & Finance, 2013, 37, (2), 433-447 View citations (454)
    See also Working Paper Islamic vs. conventional banking: business model, efficiency and stability, Policy Research Working Paper Series (2010) View citations (45) (2010)
48. Measuring Financial Inclusion: Explaining Variation in Use of Financial Services across and within Countries
    Brookings Papers on Economic Activity, 2013, 44, (1 (Spring)), 279-340 View citations (206)
49. The Evolving Importance of Banks and Securities Markets
    The World Bank Economic Review, 2013, 27, (3), 476-490 View citations (93)
    See also Working Paper The Evolving Importance of Banks and Securities Markets, NBER Working Papers (2012) View citations (28) (2012)
50. What Determines Protection of Property Rights? An Analysis of Direct and Indirect Effects
    Journal of Financial Econometrics, 2013, 11, (4), 610-649 View citations (9)
    See also Working Paper What determines protection of property rights ? An analysis of direct and indirect effects, Policy Research Working Paper Series (2006) View citations (3) (2006)

2012

51. Financial Structure and Incentives
    National Institute Economic Review, 2012, 221, R23-R30
    Also in National Institute Economic Review, 2012, 221, (1), R23-R30 (2012) View citations (31)

2011

52. Bank Financing for SMEs: Evidence Across Countries and Bank Ownership Types
    Journal of Financial Services Research, 2011, 39, (1), 35-54 View citations (106)
    See also Working Paper Bank Financing for SMEs: Evidence Across Countries and Bank-Ownership Types, Other publications TiSEM (2009) View citations (3) (2009)
53. Basel Core Principles and bank soundness: Does compliance matter?
    Journal of Financial Stability, 2011, 7, (4), 179-190 View citations (68)
    See also Working Paper Basel core principles and bank soundness: does compliance matter ?, Policy Research Working Paper Series (2009) View citations (4) (2009)
54. Do remittances promote financial development?
    Journal of Development Economics, 2011, 96, (2), 255-264 View citations (282)
55. Does Regulatory Supervision Curtail Microfinance Profitability and Outreach?
    World Development, 2011, 39, (6), 949-965 View citations (125)
    See also Working Paper Does regulatory supervision curtail microfinance profitability and outreach ?, Policy Research Working Paper Series (2009) View citations (4) (2009)
56. Entrepreneurship in post‐conflict transition
    The Economics of Transition, 2011, 19, (1), 27-78 View citations (6)
57. Firm Innovation in Emerging Markets: The Role of Finance, Governance, and Competition
    Journal of Financial and Quantitative Analysis, 2011, 46, (6), 1545-1580 View citations (214)
58. Remittances and banking sector breadth and depth: Evidence from Mexico
    Journal of Development Economics, 2011, 95, (2), 229-241 View citations (88)
    See also Working Paper Remittances and banking sector breadth and depth: evidence from Mexico, Policy Research Working Paper Series (2009) View citations (2) (2009)

2010

59. Are All the Sacred Cows Dead? Implications of the Financial Crisis for Macro- and Financial Policies
    The World Bank Research Observer, 2010, 25, (1), 91-124 View citations (18)
    See also Working Paper Are all the sacred cows dead ? implications of the financial crisis for macro and financial policies, Policy Research Working Paper Series (2009) View citations (7) (2009)
60. Bank activity and funding strategies: The impact on risk and returns
    Journal of Financial Economics, 2010, 98, (3), 626-650 View citations (597)
    See also Working Paper Bank Activity and Funding Strategies: The Impact on Risk and Return, Other publications TiSEM (2009) View citations (7) (2009)
61. Financial Institutions and Markets across Countries and over Time: The Updated Financial Development and Structure Database
    The World Bank Economic Review, 2010, 24, (1), 77-92 View citations (293)
62. Formal versus Informal Finance: Evidence from China
    The Review of Financial Studies, 2010, 23, (8), 3048-3097 View citations (294)
    See also Working Paper Formal versus informal finance: evidence from China, Policy Research Working Paper Series (2008) View citations (29) (2008)
63. The 2007 Meltdown in Structured Securitization: Searching for Lessons, not Scapegoats
    The World Bank Research Observer, 2010, 25, (1), 125-155 View citations (11)
    See also Working Paper The 2007 Meltdown in Structured Securitization: Searching for Lessons not Scapegoats, Center for Development Economics (2008) View citations (12) (2008)

2009

64. Access to Financial Services: Measurement, Impact, and Policies
    The World Bank Research Observer, 2009, 24, (1), 119-145 View citations (98)
65. Finance and Inequality: Theory and Evidence
    Annual Review of Financial Economics, 2009, 1, (1), 287-318 View citations (237)
    See also Working Paper Finance and Inequality: Theory and Evidence, NBER Working Papers (2009) View citations (237) (2009)
66. Global financial crisis, risk analysis and risk measurement
    Journal of Banking & Finance, 2009, 33, (11), 1949-1952 View citations (16)
67. Microfinance Meets the Market
    Journal of Economic Perspectives, 2009, 23, (1), 167-92 View citations (243)
    See also Working Paper Microfinance meets the market, Policy Research Working Paper Series (2008) View citations (18) (2008)
    Chapter Microfinance meets the market, Contemporary Studies in Economic and Financial Analysis, 2009, 1-30 (2009) View citations (17) (2009)

2008

68. Access to Finance: An Unfinished Agenda
    The World Bank Economic Review, 2008, 22, (3), 383-396 View citations (81)
69. Banking Services for Everyone? Barriers to Bank Access and Use around the World
    The World Bank Economic Review, 2008, 22, (3), 397-430 View citations (126)
    See also Working Paper Banking services for everyone? Barriers to bank access and use around the world, Other publications TiSEM (2008) View citations (134) (2008)
70. Banking on the principles: Compliance with Basel Core Principles and bank soundness
    Journal of Financial Intermediation, 2008, 17, (4), 511-542 View citations (157)
    See also Working Paper Banking on the Principles: Compliance with Basel Core Principles and Bank Soundness, IMF Working Papers (2006) View citations (25) (2006)
71. Determinants of deposit-insurance adoption and design
    Journal of Financial Intermediation, 2008, 17, (3), 407-438 View citations (96)
    See also Working Paper Determinants of Deposit-Insurance Adoption and Design, NBER Working Papers (2007) View citations (21) (2007)
72. Finance et opportunité économique
    Revue d’économie du développement, 2008, 16, (4), 5-29 View citations (1)
73. Finance, Firm Size, and Growth
    Journal of Money, Credit and Banking, 2008, 40, (7), 1379-1405 View citations (326)
    Also in Journal of Money, Credit and Banking, 2008, 40, (7), 1379-1405 (2008) View citations (86)
    See also Working Paper Finance, firm size and growth, Other publications TiSEM (2008) View citations (308) (2008)
74. Financing patterns around the world: Are small firms different?
    Journal of Financial Economics, 2008, 89, (3), 467-487 View citations (431)
    See also Working Paper Financing patterns around the world: Are small firms different?, Other publications TiSEM (2008) View citations (477) (2008)
75. How Important Are Financing Constraints? The Role of Finance in the Business Environment
    The World Bank Economic Review, 2008, 22, (3), 483-516 View citations (172)
    See also Working Paper How important are financing constraints ? The role of finance in the business environment, Policy Research Working Paper Series (2006) View citations (33) (2006)
76. How Well Do Institutional Theories Explain Firms' Perceptions of Property Rights?
    The Review of Financial Studies, 2008, 21, (4), 1833-1871 View citations (36)
    See also Working Paper How well do institutional theories explain firms'perceptions of property rights?, Policy Research Working Paper Series (2005) View citations (6) (2005)

2007

77. Finance, inequality and the poor
    Journal of Economic Growth, 2007, 12, (1), 27-49 View citations (800)
78. Financial performance and outreach: a global analysis of leading microbanks
    Economic Journal, 2007, 117, (517), F107-F133 View citations (324)
    See also Working Paper Financial performance and outreach: a global analysis of leading microbanks, Policy Research Working Paper Series (2006) View citations (31) (2006)
79. Reaching out: Access to and use of banking services across countries
    Journal of Financial Economics, 2007, 85, (1), 234-266 View citations (350)
    See also Working Paper Reaching out: access to and use of banking services across countries, Policy Research Working Paper Series (2005) View citations (44) (2005)
80. Small and Medium Enterprises Across the Globe
    Small Business Economics, 2007, 29, (4), 415-434 View citations (261)

2006

81. Bank concentration, competition, and crises: First results
    Journal of Banking & Finance, 2006, 30, (5), 1581-1603 View citations (602)
82. Bank supervision and corruption in lending
    Journal of Monetary Economics, 2006, 53, (8), 2131-2163 View citations (255)
    See also Working Paper Bank Supervision and Corruption in Lending, NBER Working Papers (2005) View citations (9) (2005)
83. Business environment and the incorporation decision
    Journal of Banking & Finance, 2006, 30, (11), 2967-2993 View citations (90)
    See also Working Paper Business Environment and the Incorporation Decision, Policy Research Working Paper Series (2004) View citations (9) (2004)
84. Inside the crisis: An empirical analysis of banking systems in distress
    Journal of International Money and Finance, 2006, 25, (5), 702-718 View citations (123)
    See also Working Paper Inside the Crisis: An Empirical Analysis of Banking Systems in Distress, IMF Working Papers (2000) View citations (42) (2000)
85. Small and medium-size enterprises: Access to finance as a growth constraint
    Journal of Banking & Finance, 2006, 30, (11), 2931-2943 View citations (814)
86. The determinants of financing obstacles
    Journal of International Money and Finance, 2006, 25, (6), 932-952 View citations (386)
    See also Working Paper The determinants of financing obstacles, Other publications TiSEM (2006) View citations (409) (2006)
87. The influence of financial and legal institutions on firm size
    Journal of Banking & Finance, 2006, 30, (11), 2995-3015 View citations (57)

2005

88. Cross-Country Empirical Studies of Systemic Bank Distress: A Survey
    National Institute Economic Review, 2005, 192, 68-83 View citations (16)
    Also in National Institute Economic Review, 2005, 192, (1), 68-83 (2005) View citations (339)
    See also Working Paper Cross-Country Empirical Studies of Systemic Bank Distress: A Survey, IMF Working Papers (2005) View citations (257) (2005)
89. Financial and Legal Constraints to Growth: Does Firm Size Matter?
    Journal of Finance, 2005, 60, (1), 137-177 View citations (998)
90. Law and Firms' Access to Finance
    American Law and Economics Review, 2005, 7, (1), 211-252 View citations (41)
    See also Working Paper Law and Firms' Access to Finance, NBER Working Papers (2004) View citations (13) (2004)
91. SMEs, Growth, and Poverty: Cross-Country Evidence
    Journal of Economic Growth, 2005, 10, (3), 199-229 View citations (170)

2004

92. Bank Competition and Access to Finance: International Evidence
    Journal of Money, Credit and Banking, 2004, 36, (3), 627-48 View citations (358)
    Also in Proceedings, 2004, 627-654 (2004) View citations (321)
93. Introduction: Bank concentration and competition: an evolution in the making
    Proceedings, 2004, 433-451 View citations (197)
94. Market discipline and deposit insurance
    Journal of Monetary Economics, 2004, 51, (2), 375-399 View citations (357)
95. Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation
    Journal of Money, Credit and Banking, 2004, 36, (3), 593-622 View citations (295)
    Also in Proceedings, 2004, 593-626 (2004) View citations (302)
    See also Working Paper Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation, NBER Working Papers (2003) View citations (63) (2003)

2003

96. Law and finance: why does legal origin matter?
    Journal of Comparative Economics, 2003, 31, (4), 653-675 View citations (856)
    See also Working Paper Law and Finance: Why Does Legal Origin Matter?, NBER Working Papers (2002) View citations (36) (2002)
97. Law, endowments, and finance
    Journal of Financial Economics, 2003, 70, (2), 137-181 View citations (375)
    See also Working Paper Law, Endowment, and Finance, NBER Working Papers (2002) View citations (15) (2002)

2002

98. Cross-country evidence on deposit-insurance
    The Quarterly Review of Economics and Finance, 2002, 42, (4), 695-699 View citations (1)
99. Deposit Insurance Around the Globe: Where Does It Work?
    Journal of Economic Perspectives, 2002, 16, (2), 175-195 View citations (189)
    See also Working Paper Deposit Insurance Around the Globe: Where Does it Work?, NBER Working Papers (2001) View citations (24) (2001)
100. Does deposit insurance increase banking system stability? An empirical investigation
     Journal of Monetary Economics, 2002, 49, (7), 1373-1406 View citations (689)
     See also Working Paper Does Deposit Insurance Increase Banking System Stability? An Empirical Investigation, Econometric Society World Congress 2000 Contributed Papers (2000) View citations (75) (2000)
101. Funding growth in bank-based and market-based financial systems: evidence from firm-level data
     Journal of Financial Economics, 2002, 65, (3), 337-363 View citations (248)
     See also Working Paper Funding growth in bank-based and market-based financial systems: evidence from firm level data, Policy Research Working Paper Series (2000) View citations (26) (2000)

2001

102. Capital Structures in Developing Countries
     Journal of Finance, 2001, 56, (1), 87-130 View citations (739)
     See also Working Paper Capital Structure in Developing Countries, Rotman School of Management - Finance (1999) View citations (80) (1999)
103. Deposit Insurance around the World
     The World Bank Economic Review, 2001, 15, (3), 481--490 View citations (2)
104. How does foreign entry affect domestic banking markets?
     Journal of Banking & Finance, 2001, 25, (5), 891-911 View citations (717)
     See also Working Paper How does foreign entry affect the domestic banking market?, Policy Research Working Paper Series (1998) View citations (74) (1998)
105. Legal Theories of Financial Development
     Oxford Review of Economic Policy, 2001, 17, (4), 483-501 View citations (54)
106. The taxation of domestic and foreign banking
     Journal of Public Economics, 2001, 79, (3), 429-453 View citations (81)

2000

107. A New Database on the Structure and Development of the Financial Sector
     The World Bank Economic Review, 2000, 14, (3), 597-605 View citations (311)
108. Monitoring Banking Sector Fragility: A Multivariate Logit Approach
     The World Bank Economic Review, 2000, 14, (2), 287-307 View citations (145)
     See also Working Paper Monitoring Banking Sector Fragility: A Multivariate Logit Approach, IMF Working Papers (1999) View citations (56) (1999)

1999

109. Determinants of Commercial Bank Interest Margins and Profitability: Some International Evidence
     The World Bank Economic Review, 1999, 13, (2), 379-408 View citations (773)
     See also Working Paper Determinants of commercial bank interest margins and profitability: some international evidence, Policy Research Working Paper Series (1998) View citations (113) (1998)
110. Institutions, financial markets, and firm debt maturity
     Journal of Financial Economics, 1999, 54, (3), 295-336 View citations (355)

1998

111. The Determinants of Banking Crises in Developing and Developed Countries
     IMF Staff Papers, 1998, 45, (1), 81-109 View citations (766)
112. The Role of Long-Term Finance: Theory and Evidence
     The World Bank Research Observer, 1998, 13, (2), 171-89 View citations (32)
     See also Working Paper The role of long term finance: theory and evidence, Policy Research Working Paper Series (1997) View citations (19) (1997)

1997

113. Heterogeneity in bank valuation of LDC debt: Evidence from the 1988 Brazilian debt-reduction program
     Journal of Monetary Economics, 1997, 39, (3), 535-550
     See also Working Paper Heterogeneity in Bank Valuation of LCD Debt: Evidence from the 1988 Brazilian Debt-Reduction Program, Working Papers (1993) View citations (1) (1993)

1996

114. Stock Market Development and Financial Intermediaries: Stylized Facts
     The World Bank Economic Review, 1996, 10, (2), 291-321 View citations (312)
     See also Working Paper Stock market development and financial intermediaries: stylized facts, Policy Research Working Paper Series (1995) View citations (41) (1995)
115. Stock Market Development and Financing Choices of Firms
     The World Bank Economic Review, 1996, 10, (2), 341-69 View citations (194)
116. Stock Markets, Corporate Finance, and Economic Growth: An Overview
     The World Bank Economic Review, 1996, 10, (2), 223-39 View citations (200)

1995

117. Barriers to portfolio investments in emerging stock markets
     Journal of Development Economics, 1995, 47, (2), 355-374 View citations (18)
     See also Working Paper Barriers to portfolio investment in emerging stock markets, Other publications TiSEM (1995) View citations (16) (1995)

1994

118. Interest rates, official lending, and the debt crisis: A reassessment
     Journal of Development Economics, 1994, 44, (2), 263-285 View citations (7)
     See also Working Paper Interest rates, official lending, and the debt crisis: a reassessment, Policy Research Working Paper Series (1992) View citations (1) (1992)

1993

119. Official Credits to Developing Countries: Implicit Transfers to the Banks
     Journal of Money, Credit and Banking, 1993, 25, (3), 430-44 View citations (10)
     See also Working Paper Official credits to developing countries: Implicit transfers to the banks, Other publications TiSEM (1993) View citations (10) (1993)
120. The Brady Plan, 1989 Mexican Debt-Reduction Agreement, and Bank Stock Returns in United States and Japan
     Journal of Money, Credit and Banking, 1993, 25, (3), 410-29 View citations (5)
     See also Working Paper The Brady Plan, the 1989 Mexican debt reduction agreement, and bank stock returns in the United States and Japan, Policy Research Working Paper Series (1992) (1992)

1990

121. On the Presence of Speculative Bubbles in Stock Prices
     Journal of Financial and Quantitative Analysis, 1990, 25, (1), 101-112 View citations (33)

1989

122. Deposit-institution failures: a review of empirical literature
     Economic Review, 1989, 25, (Q IV), 2-18 View citations (44)

Books

2022

1. The Global Findex Database 2021
   World Bank Publications - Books, The World Bank Group

2018

2. Global Findex Database 2017
   (La base de datos Global Findex 2017)
   World Bank Publications - Books, The World Bank Group View citations (60)

2008

3. Finance, Financial Sector Policies, and Long-Run Growth
   World Bank Publications - Books, The World Bank Group View citations (132)
   See also Working Paper Finance, financial sector policies, and long-run growth, Policy Research Working Paper Series, The World Bank (2008) View citations (153) (2008)

Edited books

2018

1. Finance and Growth
   Books, Edward Elgar Publishing View citations (51)

2016

2. The Future of Large, Internationally Active Banks
   World Scientific Books, World Scientific Publishing Co. Pte. Ltd. View citations (1)

2011

3. The International Financial Crisis:Have the Rules of Finance Changed?
   World Scientific Books, World Scientific Publishing Co. Pte. Ltd.

2008

4. Deposit Insurance around the World: Issues of Design and Implementation, vol 1
   MIT Press Books, The MIT Press View citations (66)

2004

5. Financial Structure and Economic Growth: A Cross-Country Comparison of Banks, Markets, and Development, vol 1
   MIT Press Books, The MIT Press View citations (76)

Chapters

2016

1. Corporate Governance and Bank Risk Taking
   Chapter 21 in The Future of Large, Internationally Active Banks, 2016, pp 349-370 View citations (17)

2013

2. Bank Capital Regulations: Learning the Right Lessons from the Crisis
   Chapter 10 in The Role of Central Banks in Financial Stability How Has It Changed?, 2013, pp 209-217
3. Financing in Developing Countries
   Elsevier View citations (6)

2011

4. Microfinance Trade-Offs: Regulation, Competition and Financing
   Chapter 7 in The Handbook Of Microfinance, 2011, pp 141-157 View citations (5)
   See also Working Paper Microfinance tradeoffs: regulation, competition, and financing, The World Bank (2009) View citations (1) (2009)

2009

5. Microfinance meets the market
   A chapter in Moving Beyond Storytelling: Emerging Research in Microfinance, 2009, pp 1-30 View citations (17)
   See also Journal Article Microfinance Meets the Market, American Economic Association (2009) View citations (243) (2009)
   Working Paper Microfinance meets the market, The World Bank (2008) View citations (18) (2008)

2007

6. Bank Concentration and Fragility. Impact and Mechanics
   A chapter in The Risks of Financial Institutions, 2007, pp 196-231 View citations (23)
   See also Working Paper Bank Concentration and Fragility: Impact and Mechanics, National Bureau of Economic Research, Inc (2005) View citations (17) (2005)

2006

7. Designing a Bank Safety Net: Regulatory Challenges for Cross-Border Banking
   Chapter 25 in Cross-Border Banking Regulatory Challenges, 2006, pp 389-398

2004

8. Deposit Insurance: Handle with Care
   Chapter 12 in Banking Market Structure and Monetary Policy, 2004, vol. 7, pp 345-358 View citations (6)
   See also Working Paper Deposit Insurance: Handle With Care, Central Bank of Chile (2003) View citations (1) (2003)