Details about Ross Levine

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Phone:	NULL
Postal address:	Ross Levine Senior Fellow Hoover Institution Stanford University 434 Galvez Mall Stanford, CA 94305-6010
Workplace:	Hoover Institution on War Revolution & Peace, (more information at EDIRC)

Access statistics for papers by Ross Levine.

Last updated 2024-03-06. Update your information in the RePEc Author Service.

Short-id: ple61

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Working Papers

2024

1. CEO Compensation and Adverse Shocks: Evidence from Changes in Environmental Regulations
   NBER Working Papers, National Bureau of Economic Research, Inc
2. CEO Compensation and Cash-Flow Shocks: Evidence from Changes in Environmental Regulations
   NBER Working Papers, National Bureau of Economic Research, Inc

2023

3. Social Capital and Mortgages
   Working Papers, Federal Reserve Bank of Philadelphia

2022

4. Environmental Liabilities, Borrowing Costs, and Pollution Prevention Activities: The Nationwide Impact of the Apex Oil Ruling
   NBER Working Papers, National Bureau of Economic Research, Inc

2021

5. Competition Laws, Governance, and Firm Value
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
6. Do bank insiders impede equity issuances?
   Working Paper Series, European Central Bank View citations (1)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (2)
   NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (2)
7. Finance, Growth, and Inequality
   IMF Working Papers, International Monetary Fund View citations (13)
8. The Legal Origins of Financial Development: Evidence from the Shanghai Concessions
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2020

9. Capital Market Financing and Firm Growth
   Mo.Fi.R. Working Papers, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences View citations (1)
   Also in Policy Research Working Paper Series, The World Bank (2020) View citations (1)
   See also Journal Article Capital market financing and firm growth, Journal of International Money and Finance, Elsevier (2021) View citations (6) (2021)
10. Competition Laws and Corporate Innovation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
11. Competition Laws, Norms and Corporate Social Responsibility
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
12. Corporate Immunity to the COVID-19 Pandemic
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (112)
    See also Journal Article Corporate immunity to the COVID-19 pandemic, Journal of Financial Economics, Elsevier (2021) View citations (243) (2021)
13. Finance and Children’s Academic Performance
    NBER Working Papers, National Bureau of Economic Research, Inc
14. How Did Depositors Respond to COVID-19?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
    See also Journal Article How Did Depositors Respond to COVID-19?, The Review of Financial Studies, Society for Financial Studies (2021) View citations (28) (2021)
15. SELECTION INTO ENTREPRENEURSHIP AND SELF-EMPLOYMENT
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2018) View citations (28)
    CEP Discussion Papers, Centre for Economic Performance, LSE (2020) View citations (5)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2020) View citations (5)
16. Social Distancing and Social Capital: Why U.S. Counties Respond Differently to COVID-19
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (40)

2019

17. Communication within Banking Organizations and Small Business Lending
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    See also Journal Article Communication within Banking Organizations and Small Business Lending, The Review of Financial Studies, Society for Financial Studies (2020) View citations (7) (2020)
18. Mentally Spent: Credit Conditions and Mental Health
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)

2018

19. Bank Liquidity, Credit Supply, and the Environment
    Working Papers, eSocialSciences View citations (26)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2018) View citations (27)
20. Financial development and innovation-led growth
    PSE-Ecole d'économie de Paris (Postprint), HAL View citations (13)
    Also in Post-Print, HAL (2018) View citations (13)
21. Pollution and Human Capital Migration: Evidence from Corporate Executives
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)

2017

22. Acquiring Banking Networks
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
23. Does Competition Affect Bank Risk?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (22)
    See also Journal Article Does Competition Affect Bank Risk?, Journal of Money, Credit and Banking, Blackwell Publishing (2023) View citations (1) (2023)
24. Smart and illicit: who becomes an entrepreneur and do they earn more?
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (212)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (14)
    See also Journal Article Smart and Illicit: Who Becomes an Entrepreneur and Do They Earn More?, The Quarterly Journal of Economics, President and Fellows of Harvard College (2017) View citations (239) (2017)
25. The Origins of Financial Development: How the African Slave Trade Continues to Influence Modern Finance
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)

2016

26. Capital market financing, firm growth, and firm size distribution
    ESRB Working Paper Series, European Systemic Risk Board
    Also in Working Papers, Hong Kong Institute for Monetary Research (2015) View citations (13)
    Policy Research Working Paper Series, The World Bank (2015) View citations (7)
27. Competition and Bank Liquidity Creation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    See also Journal Article Competition and Bank Liquidity Creation, Journal of Financial and Quantitative Analysis, Cambridge University Press (2019) View citations (49) (2019)
28. Competition and Bank Opacity
    Working Papers, Hong Kong Institute for Monetary Research View citations (84)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (4)
    See also Journal Article Competition and Bank Opacity, The Review of Financial Studies, Society for Financial Studies (2016) View citations (84) (2016)
29. Corporate Resilience to Banking Crises: The Roles of Trust and Trade Credit
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    See also Journal Article Corporate Resilience to Banking Crises: The Roles of Trust and Trade Credit, Journal of Financial and Quantitative Analysis, Cambridge University Press (2018) View citations (75) (2018)
30. Does the Geographic Expansion of Banks Reduce Risk?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (129)
    See also Journal Article Does the geographic expansion of banks reduce risk?, Journal of Financial Economics, Elsevier (2016) View citations (121) (2016)
31. Geographic Diversification and Banks’ Funding Costs
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article Geographic Diversification and Banks’ Funding Costs, Management Science, INFORMS (2021) View citations (2) (2021)

2015

32. An Empirical Examination of Patent Hold-up
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article AN EMPIRICAL EXAMINATION OF PATENT HOLDUP, Journal of Competition Law and Economics, Oxford University Press (2015) View citations (10) (2015)
33. Cross-border Acquisitions and Labor Regulations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
34. Insider Trading and Innovation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    See also Journal Article Insider Trading and Innovation, Journal of Law and Economics, University of Chicago Press (2017) View citations (22) (2017)
35. Spare Tire? Stock Markets, Banking Crises, and Economic Recoveries
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    See also Journal Article Spare tire? Stock markets, banking crises, and economic recoveries, Journal of Financial Economics, Elsevier (2016) View citations (44) (2016)

2014

36. Capital Market Financing, Firm Growth, Firm Size Distribution
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
37. Does the Geographic Expansion of Bank Assets Reduce Risk?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)

2013

38. Bank Regulation and Supervision in 180 Countries from 1999 to 2011
    Working Papers, University of Pennsylvania, Wharton School, Weiss Center View citations (390)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (395)
    See also Journal Article Bank regulation and supervision in 180 countries from 1999 to 2011, Journal of Financial Economic Policy, Emerald Group Publishing Limited (2013) View citations (349) (2013)
39. Financial Development in 205 Economies, 1960 to 2010
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (116)
    See also Journal Article Financial Development in 205 Economies, 1960 to 2010, Journal of Financial Perspectives, EY Global FS Institute (2013) View citations (113) (2013)
40. In brief...'Smart and illicit': the making of a successful entrepreneur
    CentrePiece - The magazine for economic performance, Centre for Economic Performance, LSE
41. Liberty for More: Finance and Educational Opportunities
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
42. Smart and Illicit: Who Becomes an Entrepreneur and Does it Pay?
    CEP Discussion Papers, Centre for Economic Performance, LSE View citations (45)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2013)

2012

43. Bank deregulation and racial inequality in America
    Supervisory Research and Analysis Working Papers, Federal Reserve Bank of Boston View citations (2)
    See also Journal Article Bank Deregulation and Racial Inequality in America, Critical Finance Review, now publishers (2014) View citations (24) (2014)
44. Benchmarking financial systems around the world
    Policy Research Working Paper Series, The World Bank View citations (146)
45. How Firms Use Domestic and International Corporate Bond Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
    Also in Policy Research Working Paper Series, The World Bank (2012) View citations (12)
46. The European Origins of Economic Development
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (47)
    Also in MPRA Paper, University Library of Munich, Germany (2012) View citations (45)
    See also Journal Article The European origins of economic development, Journal of Economic Growth, Springer (2016) View citations (107) (2016)
47. The Evolving Importance of Banks and Securities Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (27)
    Also in Policy Research Working Paper Series, The World Bank (2011) View citations (23)
    See also Journal Article The Evolving Importance of Banks and Securities Markets, The World Bank Economic Review, World Bank (2013) View citations (85) (2013)
48. The Valuation Effects of Geographic Diversification: Evidence From U.S. Banks
    IMF Working Papers, International Monetary Fund View citations (13)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011)
49. The evolution and impact of bank regulations
    Policy Research Working Paper Series, The World Bank View citations (17)

2011

50. Financial Innovation and Endogenous Growth
    Economics Working Papers, Institute for Advanced Study, School of Social Science View citations (20)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (29)
    Discussion Papers Series, Department of Economics, Tufts University, Department of Economics, Tufts University (2010) View citations (2)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (29)
    See also Journal Article Financial innovation and endogenous growth, Journal of Financial Intermediation, Elsevier (2015) View citations (120) (2015)
51. Racial Discrimination and Competition
    CEP Discussion Papers, Centre for Economic Performance, LSE View citations (2)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (32)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2011)

2010

52. An Autopsy of the U.S. Financial System
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
53. The governance of financial regulation: reform lessons from the recent crisis
    BIS Working Papers, Bank for International Settlements View citations (11)
    See also Journal Article The Governance of Financial Regulation: Reform Lessons from the Recent Crisis, International Review of Finance, International Review of Finance Ltd. (2012) View citations (35) (2012)

2009

54. Big Bad Banks? The Winners and Losers From Bank Deregulation in the United States
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (5)
    Also in Discussion Paper, Tilburg University, Center for Economic Research (2009) View citations (7)
    See also Journal Article Big Bad Banks? The Winners and Losers from Bank Deregulation in the United States, Journal of Finance, American Finance Association (2010) View citations (733) (2010)
55. Finance and Inequality: Theory and Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (227)
    Also in Policy Research Working Paper Series, The World Bank (2009) View citations (226)
    See also Journal Article Finance and Inequality: Theory and Evidence, Annual Review of Financial Economics, Annual Reviews (2009) View citations (227) (2009)
56. Financial institutions and markets across countries and over time - data and analysis
    Policy Research Working Paper Series, The World Bank View citations (247)
57. Patterns of International Capital Raisings
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    Also in Policy Research Working Paper Series, The World Bank (2008) View citations (5)
    See also Journal Article Patterns of international capital raisings, Journal of International Economics, Elsevier (2010) View citations (52) (2010)

2008

58. Bank Governance, Regulation, and Risk Taking
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (39)
    See also Journal Article Bank governance, regulation and risk taking, Journal of Financial Economics, Elsevier (2009) View citations (1403) (2009)
59. Bank Regulations Are Changing: But For Better or Worse?
    Department of Economics Working Papers, Department of Economics, Williams College View citations (232)
    Also in Center for Development Economics, Department of Economics, Williams College (2008) View citations (202)
60. Bank regulations are changing: for better or worse ?
    Policy Research Working Paper Series, The World Bank View citations (232)
61. Finance and economic opportunity
    Policy Research Working Paper Series, The World Bank View citations (20)
62. Finance, financial sector policies, and long-run growth
    Policy Research Working Paper Series, The World Bank View citations (149)
    See also Book Finance, Financial Sector Policies, and Long-Run Growth, World Bank Publications - Books, The World Bank Group (2008) View citations (128) (2008)
63. Finance, firm size and growth
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (299)
    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 (77) (2008)

2007

64. Big Bad Banks? The Impact of U.S. Branch Deregulation on Income Distribution
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)
    Also in Other publications TiSEM, Tilburg University, School of Economics and Management (2007) View citations (7)
    Policy Research Working Paper Series, The World Bank (2007) View citations (14)
65. Complex Ownership Structures and Corporate Valuations
    IMF Working Papers, International Monetary Fund View citations (26)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (5)
    See also Journal Article Complex Ownership Structures and Corporate Valuations, The Review of Financial Studies, Society for Financial Studies (2008) View citations (184) (2008)

2006

66. Internationalization and the evolution of corporate valuation
    Policy Research Working Paper Series, The World Bank View citations (17)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (13)
    See also Journal Article Internationalization and the evolution of corporate valuation, Journal of Financial Economics, Elsevier (2008) View citations (90) (2008)

2005

67. Bank Concentration and Fragility: Impact and Mechanics
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
68. 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 (245) (2006)
69. Internationalization and Stock Market Liquidity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)
    See also Journal Article Internationalization and Stock Market Liquidity, Review of Finance, European Finance Association (2006) View citations (67) (2006)
70. Is There a Diversification Discount in Financial Conglomerates?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (28)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (26)
    See also Journal Article Is there a diversification discount in financial conglomerates?, Journal of Financial Economics, Elsevier (2007) View citations (503) (2007)
71. Law, Endowments, and Property Rights
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (141)
    See also Journal Article Law, Endowments and Property Rights, Journal of Economic Perspectives, American Economic Association (2005) View citations (141) (2005)
72. Legal institutions and financial development
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (120)
    Also in Policy Research Working Paper Series, The World Bank (2003) View citations (65)
    NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (51)
    NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (61)
    See also Chapter Legal Institutions and Financial Development, Springer Books, Springer (2008) View citations (15) (2008)
73. SMEs, Growth, and Poverty
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (137)

2004

74. Finance and Growth: Theory and Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (390)
    See also Chapter Finance and Growth: Theory and Evidence, Handbook of Economic Growth, Elsevier (2005) View citations (2082) (2005)
75. Finance, Inequality, and Poverty: Cross-Country Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (118)
    Also in Policy Research Working Paper Series, The World Bank (2004) View citations (96)
76. Governance and bank valuation
    Policy Research Working Paper Series, The World Bank View citations (19)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (34)
    See also Journal Article Governance and bank valuation, Journal of Financial Intermediation, Elsevier (2007) View citations (248) (2007)
77. 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)
78. The Corporate Governance of Banks - a concise discussion of concepts and evidence
    Policy Research Working Paper Series, The World Bank View citations (162)

2003

79. 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)
80. 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)
81. Denying Foreign Bank Entry: Implications For Bank Interest Margins
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (18)
    See also Chapter Denying Foreign Bank Entry: Implications for Bank Interest Margins, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2004) View citations (11) (2004)
82. Migration, Spillovers,and Trade Diversion: The Impact of Internationalization on Stock Market Liquidity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
    Also in Policy Research Working Paper Series, The World Bank (2003) View citations (28)
83. New Data, New Doubts: Revisiting "Aid, Policies, and Growth"
    Working Papers, Center for Global Development View citations (90)
84. New Data, New doubts: A Comment on Burnside and Dollar's "Aid, Policies, and Growth" (2000)
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (113)
85. Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (62)
    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 (289) (2004)
86. Small and medium enterprises, growth, and poverty: cross-country evidence
    Policy Research Working Paper Series, The World Bank View citations (10)
87. The impact of bank regulations, concentration, and institutions on bank margins
    Policy Research Working Paper Series, The World Bank View citations (34)

2002

88. Bank Regulation and Supervision: What Works Best?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (69)
    Also in Policy Research Working Paper Series, The World Bank (2001) View citations (65)
    See also Journal Article Bank regulation and supervision: what works best?, Journal of Financial Intermediation, Elsevier (2004) View citations (1117) (2004)
89. Bank-Based or Market-Based Financial Systems: Which is Better?
    William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan View citations (607)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations (613)
    See also Journal Article Bank-Based or Market-Based Financial Systems: Which Is Better?, Journal of Financial Intermediation, Elsevier (2002) View citations (650) (2002)
90. Finance and Growth: New Evidence and Policy Analyses for Chile
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (13)
    See also Chapter Finance and Growth: New Evidence and Policy Analyses for Chile, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2002) View citations (12) (2002)
91. Industry Growth and Capital Allocation: Does Having a Market- or Bank-Based System Matter?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (524)
    See also Journal Article Industry growth and capital allocation:*1: does having a market- or bank-based system matter?, Journal of Financial Economics, Elsevier (2002) View citations (507) (2002)
92. International Financial Integration and Economic Growth
    IMF Working Papers, International Monetary Fund View citations (310)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations (302)
    See also Journal Article International financial integration and economic growth, Journal of International Money and Finance, Elsevier (2002) View citations (306) (2002)
93. It's Not Factor Accumulation: Stylized Facts and Growth Models
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (86)
    See also Chapter It´s Not Factor Accumulation: Stylized Facts and Growth Models, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2002) View citations (68) (2002)
    Journal Article It's Not Factor Accumulation: Stylized Facts and Growth Models, The World Bank Economic Review, World Bank (2001) (2001)
94. 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 (847) (2003)
95. 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 (364) (2003)
96. Stock Markets, Banks, and Growth: Panel Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (55)
    See also Journal Article Stock markets, banks, and growth: Panel evidence, Journal of Banking & Finance, Elsevier (2004) View citations (842) (2004)
97. Tropics, Germs, and Crops: How Endowments Influence Economic Development
    Working Papers, Center for Global Development View citations (135)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations (165)
    See also Journal Article Tropics, germs, and crops: how endowments influence economic development, Journal of Monetary Economics, Elsevier (2003) View citations (858) (2003)

2001

98. Financial Regulation And Performance: Cross-Country Evidence
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (13)
    Also in Policy Research Working Paper Series, The World Bank (1999) View citations (13)
    See also Chapter Financial Regulation and Performance: Cross-COuntry Evidence, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2002) View citations (5) (2002)
99. Law, politics, and finance
    Policy Research Working Paper Series, The World Bank View citations (28)
100. Stock markets, banks, and growth: correlation or causality?
     Policy Research Working Paper Series, The World Bank View citations (36)
101. The regulation and supervision of banks around the world - a new database
     Policy Research Working Paper Series, The World Bank View citations (422)

2000

102. Bank Concentration: Chile and International Comparisons
     Working Papers Central Bank of Chile, Central Bank of Chile View citations (12)
     Also in Working Papers, Cambridge - Risk, Information & Quantity Signals (2000) View citations (11)
103. Banking systems around the globe: do regulation and ownership affect the performance and stability?
     Policy Research Working Paper Series, The World Bank View citations (114)
     See also Chapter Banking Systems around the Globe: Do Regulation and Ownership Affect Performance and Stability?, NBER Chapters, National Bureau of Economic Research, Inc (2001) View citations (199) (2001)
104. Financial structure and economic development - firm, industry, and country evidence
     Policy Research Working Paper Series, The World Bank View citations (62)
105. New firm formation and industry growth - does having a market- or bank-based system matter?
     Policy Research Working Paper Series, The World Bank View citations (16)

1999

106. A new database on financial development and structure
     Policy Research Working Paper Series, The World Bank View citations (326)
107. Bank-based and market-based financial systems - cross-country comparisons
     Policy Research Working Paper Series, The World Bank View citations (264)
108. Finance and the sources of growth
     Policy Research Working Paper Series, The World Bank View citations (39)
     See also Journal Article Finance and the sources of growth, Journal of Financial Economics, Elsevier (2000) View citations (1723) (2000)
109. Financial Intermediation and Growth: Causality and Causes
     Working Papers Central Bank of Chile, Central Bank of Chile View citations (58)
     Also in Policy Research Working Paper Series, The World Bank (1999) View citations (76)
     See also Chapter Financial Intermediation and Growth: Causality and Causes, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2002) View citations (12) (2002)
     Journal Article Financial intermediation and growth: Causality and causes, Journal of Monetary Economics, Elsevier (2000) View citations (2313) (2000)

1997

110. Inflation and financial market performance
     Working Papers, Federal Reserve Bank of Minneapolis View citations (11)
     Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (1996) View citations (29)
111. Napoleon, Bourses, and Growth in Latin America
     Research Department Publications, Inter-American Development Bank, Research Department View citations (2)
     Also in IDB Publications (Working Papers), Inter-American Development Bank (1997)
112. Napoleón, bolsas y crecimiento en América Latina
     Research Department Publications, Inter-American Development Bank, Research Department

1996

113. Africa's Growth Tragedy: Policies and Ethnic Divisions
     Working Papers, Harvard - Institute for International Development View citations (31)
     See also Journal Article Africa's Growth Tragedy: Policies and Ethnic Divisions, The Quarterly Journal of Economics, President and Fellows of Harvard College (1997) View citations (2471) (1997)
114. Capital control liberalization and stock market development
     Policy Research Working Paper Series, The World Bank View citations (13)
     Also in CERF Discussion Paper Series, Economics and Finance Section, School of Social Sciences, Brunel University
     See also Journal Article Capital Control Liberalization and Stock Market Development, World Development, Elsevier (1998) View citations (201) (1998)
115. Financial development and economic growth: views and agenda
     Policy Research Working Paper Series, The World Bank View citations (44)
     See also Journal Article Financial Development and Economic Growth: Views and Agenda, Journal of Economic Literature, American Economic Association (1997) View citations (2911) (1997)
116. Stock market development and long-run growth
     Policy Research Working Paper Series, The World Bank View citations (330)
     See also Journal Article Stock Market Development and Long-Run Growth, The World Bank Economic Review, World Bank (1996) View citations (326) (1996)
117. Stock markets, banks, and economic growth
     Policy Research Working Paper Series, The World Bank View citations (62)
     Also in CERF Discussion Paper Series, Economics and Finance Section, School of Social Sciences, Brunel University
     See also Journal Article Stock Markets, Banks, and Economic Growth, American Economic Review, American Economic Association (1998) View citations (1762) (1998)

1995

118. Africa's growth tragedy: a retrospective, 1960-89
     Policy Research Working Paper Series, The World Bank View citations (2)
119. Stock market development and financial intermediaries: stylized facts
     Policy Research Working Paper Series, The World Bank View citations (42)
     See also Journal Article Stock Market Development and Financial Intermediaries: Stylized Facts, The World Bank Economic Review, World Bank (1996) View citations (308) (1996)

1994

120. Capital fundamentalism, economic development, and economic growth
     Policy Research Working Paper Series, The World Bank View citations (209)
     See also Journal Article Capital fundamentalism, economic development, and economic growth, Carnegie-Rochester Conference Series on Public Policy, Elsevier (1994) View citations (209) (1994)
121. Policy, Technology Adoption and Growth
     CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (40)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (1994) View citations (37)
122. The financial system and public enterprise reform: concepts and cases
     Policy Research Working Paper Series, The World Bank View citations (25)

1993

123. Finance and growth: Schumpeter might be right
     Policy Research Working Paper Series, The World Bank View citations (3525)
     See also Journal Article Finance and Growth: Schumpeter Might Be Right, The Quarterly Journal of Economics, President and Fellows of Harvard College (1993) View citations (3625) (1993)
124. Looking at the facts: what we know about policy and growth from cross-country analysis
     Policy Research Working Paper Series, The World Bank View citations (50)
125. Stock market development and financial intermediary growth: a research agenda
     Policy Research Working Paper Series, The World Bank View citations (14)

1992

126. Financial indicators and growth in a cross section of countries
     Policy Research Working Paper Series, The World Bank View citations (51)
127. Financial structures and economic development
     Policy Research Working Paper Series, The World Bank View citations (42)
     Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1990) View citations (26)
128. How Do National Policies Affect Long-Run Growth? A Research Agenda
     World Bank - Discussion Papers, World Bank View citations (3)
     Also in Policy Research Working Paper Series, The World Bank (1991) View citations (7)
129. Old debts and new beginnings: a policy choice in transitional socialist economies
     Policy Research Working Paper Series, The World Bank View citations (5)
     See also Journal Article Old debts and new beginnings: A policy choice in transitional socialist economies, World Development, Elsevier (1993) View citations (1) (1993)
130. Reforming finance in transitional socialist economies: avoiding the path from shell money to shell games
     Policy Research Working Paper Series, The World Bank View citations (2)

1991

131. A sensitivity analysis of cross-country growth regressions
     Policy Research Working Paper Series, The World Bank View citations (195)
     See also Journal Article A Sensitivity Analysis of Cross-Country Growth Regressions, American Economic Review, American Economic Association (1992) View citations (2507) (1992)
132. Cross-country studies of growth and policy: methodological, conceptual, and statistical problems
     Policy Research Working Paper Series, The World Bank View citations (51)

1990

133. Stock markets, growth, and policy
     International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (3)
     Also in Policy Research Working Paper Series, The World Bank (1990) View citations (10)

1989

134. A note on \"transfers\"
     International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)
135. External debt and developing country growth
     International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (2)

1988

136. The capital flight \"problem.\"
     International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (3)
137. The forward exchange rate bias: a new explanation
     International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (1)

1987

138. The pricing of forward exchange rates
     International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)
     See also Journal Article The pricing of forward exchange rates, Journal of International Money and Finance, Elsevier (1989) View citations (16) (1989)

1986

139. An international arbitrage pricing model with PPP deviations
     International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (1)
     See also Journal Article An International Arbitrage Pricing Model with PPP Deviations, Economic Inquiry, Western Economic Association International (1989) View citations (5) (1989)

Journal Articles

2023

1. Does Competition Affect Bank Risk?
   Journal of Money, Credit and Banking, 2023, 55, (5), 1043-1076 View citations (1)
   See also Working Paper Does Competition Affect Bank Risk?, NBER Working Papers (2017) View citations (22) (2017)

2022

2. Competition laws, ownership, and corporate social responsibility
   Journal of International Business Studies, 2022, 53, (8), 1576-1602 View citations (7)
3. Deposit Supply and Bank Transparency
   Management Science, 2022, 68, (5), 3834-3855 View citations (1)

2021

4. Capital market financing and firm growth
   Journal of International Money and Finance, 2021, 118, (C) View citations (6)
   See also Working Paper Capital Market Financing and Firm Growth, Mo.Fi.R. Working Papers (2020) View citations (1) (2020)
5. Corporate immunity to the COVID-19 pandemic
   Journal of Financial Economics, 2021, 141, (2), 802-830 View citations (243)
   See also Working Paper Corporate Immunity to the COVID-19 Pandemic, NBER Working Papers (2020) View citations (112) (2020)
6. Geographic Diversification and Banks’ Funding Costs
   Management Science, 2021, 67, (5), 2657-2678 View citations (2)
   See also Working Paper Geographic Diversification and Banks’ Funding Costs, NBER Working Papers (2016) View citations (3) (2016)
7. How Did Depositors Respond to COVID-19?
   (A crisis of banks as liquidity providers)
   The Review of Financial Studies, 2021, 34, (11), 5438-5473 View citations (28)
   See also Working Paper How Did Depositors Respond to COVID-19?, NBER Working Papers (2020) View citations (7) (2020)

2020

8. Bank deregulation and corporate risk
   Journal of Corporate Finance, 2020, 60, (C) View citations (26)
9. Communication within Banking Organizations and Small Business Lending
   The Review of Financial Studies, 2020, 33, (12), 5750-5783 View citations (7)
   See also Working Paper Communication within Banking Organizations and Small Business Lending, NBER Working Papers (2019) View citations (2) (2019)
10. Cross-border acquisitions: Do labor regulations affect acquirer returns?
    Journal of International Business Studies, 2020, 51, (2), 194-217 View citations (13)
11. The African Slave Trade and Modern Household Finance
    The Economic Journal, 2020, 130, (630), 1817-1841 View citations (12)

2019

12. Competition and Bank Liquidity Creation
    Journal of Financial and Quantitative Analysis, 2019, 54, (2), 513-538 View citations (49)
    See also Working Paper Competition and Bank Liquidity Creation, NBER Working Papers (2016) View citations (4) (2016)

2018

13. Corporate Resilience to Banking Crises: The Roles of Trust and Trade Credit
    Journal of Financial and Quantitative Analysis, 2018, 53, (4), 1441-1477 View citations (75)
    See also Working Paper Corporate Resilience to Banking Crises: The Roles of Trust and Trade Credit, NBER Working Papers (2016) View citations (5) (2016)

2017

14. Insider Trading and Innovation
    Journal of Law and Economics, 2017, 60, (4), 749 - 800 View citations (22)
    See also Working Paper Insider Trading and Innovation, NBER Working Papers (2015) View citations (1) (2015)
15. Smart and Illicit: Who Becomes an Entrepreneur and Do They Earn More?
    The Quarterly Journal of Economics, 2017, 132, (2), 963-1018 View citations (239)
    See also Working Paper Smart and illicit: who becomes an entrepreneur and do they earn more?, LSE Research Online Documents on Economics (2017) View citations (212) (2017)

2016

16. Competition and Bank Opacity
    The Review of Financial Studies, 2016, 29, (7), 1911-1942 View citations (84)
    See also Working Paper Competition and Bank Opacity, Working Papers (2016) View citations (84) (2016)
17. Does the geographic expansion of banks reduce risk?
    Journal of Financial Economics, 2016, 120, (2), 346-362 View citations (121)
    See also Working Paper Does the Geographic Expansion of Banks Reduce Risk?, CEPR Discussion Papers (2016) View citations (129) (2016)
18. Spare tire? Stock markets, banking crises, and economic recoveries
    Journal of Financial Economics, 2016, 120, (1), 81-101 View citations (44)
    See also Working Paper Spare Tire? Stock Markets, Banking Crises, and Economic Recoveries, NBER Working Papers (2015) View citations (8) (2015)
19. The European origins of economic development
    Journal of Economic Growth, 2016, 21, (3), 225-257 View citations (107)
    See also Working Paper The European Origins of Economic Development, NBER Working Papers (2012) View citations (47) (2012)

2015

20. AN EMPIRICAL EXAMINATION OF PATENT HOLDUP
    Journal of Competition Law and Economics, 2015, 11, (3), 549-578 View citations (10)
    See also Working Paper An Empirical Examination of Patent Hold-up, NBER Working Papers (2015) View citations (3) (2015)
21. Financial innovation and endogenous growth
    Journal of Financial Intermediation, 2015, 24, (1), 1-24 View citations (120)
    See also Working Paper Financial Innovation and Endogenous Growth, Economics Working Papers (2011) View citations (20) (2011)
22. How firms use corporate bond markets under financial globalization
    Journal of Banking & Finance, 2015, 58, (C), 532-551 View citations (31)

2014

23. Bank Deregulation and Racial Inequality in America
    Critical Finance Review, 2014, 3, (1), 1-48 View citations (24)
    See also Working Paper Bank deregulation and racial inequality in America, Supervisory Research and Analysis Working Papers (2012) View citations (2) (2012)

2013

24. Bank regulation and supervision in 180 countries from 1999 to 2011
    Journal of Financial Economic Policy, 2013, 5, (2), 111-219 View citations (349)
    See also Working Paper Bank Regulation and Supervision in 180 Countries from 1999 to 2011, Working Papers (2013) View citations (390) (2013)
25. Financial Development in 205 Economies, 1960 to 2010
    Journal of Financial Perspectives, 2013, 1, (2), 17-36 View citations (113)
    See also Working Paper Financial Development in 205 Economies, 1960 to 2010, NBER Working Papers (2013) View citations (116) (2013)
26. Identifying the Valuation Effects and Agency Costs of Corporate Diversification: Evidence from the Geographic Diversification of U.S. Banks
    The Review of Financial Studies, 2013, 26, (7), 1787-1823 View citations (134)
27. The Evolving Importance of Banks and Securities Markets
    The World Bank Economic Review, 2013, 27, (3), 476-490 View citations (85)
    See also Working Paper The Evolving Importance of Banks and Securities Markets, NBER Working Papers (2012) View citations (27) (2012)

2012

28. The Governance of Financial Regulation: Reform Lessons from the Recent Crisis
    International Review of Finance, 2012, 12, (1), 39-56 View citations (35)
    See also Working Paper The governance of financial regulation: reform lessons from the recent crisis, BIS Working Papers (2010) View citations (11) (2010)

2011

29. Regulating finance and regulators to promote growth
    Proceedings - Economic Policy Symposium - Jackson Hole, 2011, 271-311 View citations (2)

2010

30. An autopsy of the US financial system: accident, suicide, or negligent homicide
    Journal of Financial Economic Policy, 2010, 2, (3), 196-213 View citations (23)
31. Big Bad Banks? The Winners and Losers from Bank Deregulation in the United States
    Journal of Finance, 2010, 65, (5), 1637-1667 View citations (733)
    See also Working Paper Big Bad Banks? The Winners and Losers From Bank Deregulation in the United States, Other publications TiSEM (2009) View citations (5) (2009)
32. 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 (282)
33. Patterns of international capital raisings
    Journal of International Economics, 2010, 80, (1), 45-57 View citations (52)
    See also Working Paper Patterns of International Capital Raisings, NBER Working Papers (2009) View citations (3) (2009)

2009

34. Bank governance, regulation and risk taking
    Journal of Financial Economics, 2009, 93, (2), 259-275 View citations (1403)
    See also Working Paper Bank Governance, Regulation, and Risk Taking, NBER Working Papers (2008) View citations (39) (2008)
35. Finance and Inequality: Theory and Evidence
    Annual Review of Financial Economics, 2009, 1, (1), 287-318 View citations (227)
    See also Working Paper Finance and Inequality: Theory and Evidence, NBER Working Papers (2009) View citations (227) (2009)

2008

36. Bank Regulations are Changing: For Better or Worse&quest
    Comparative Economic Studies, 2008, 50, (4), 537-563 View citations (183)
37. Complex Ownership Structures and Corporate Valuations
    The Review of Financial Studies, 2008, 21, (2), 579-604 View citations (184)
    See also Working Paper Complex Ownership Structures and Corporate Valuations, IMF Working Papers (2007) View citations (26) (2007)
38. FINANCE AND THE POOR
    Manchester School, 2008, 76, (s1), 1-13 View citations (31)
39. Finance et opportunité économique
    Revue d’économie du développement, 2008, 16, (4), 5-29 View citations (1)
40. Finance, Firm Size, and Growth
    Journal of Money, Credit and Banking, 2008, 40, (7), 1379-1405 View citations (77)
    Also in Journal of Money, Credit and Banking, 2008, 40, (7), 1379-1405 (2008) View citations (318)
    See also Working Paper Finance, firm size and growth, Other publications TiSEM (2008) View citations (299) (2008)
41. Internationalization and the evolution of corporate valuation
    Journal of Financial Economics, 2008, 88, (3), 607-632 View citations (90)
    See also Working Paper Internationalization and the evolution of corporate valuation, Policy Research Working Paper Series (2006) View citations (17) (2006)
42. Special issue: Banking and bank regulation: Challenges for the future
    Journal of Financial Intermediation, 2008, 17, (4), 509-510 View citations (1)

2007

43. Finance, inequality and the poor
    Journal of Economic Growth, 2007, 12, (1), 27-49 View citations (733)
44. Governance and bank valuation
    Journal of Financial Intermediation, 2007, 16, (4), 584-617 View citations (248)
    See also Working Paper Governance and bank valuation, Policy Research Working Paper Series (2004) View citations (19) (2004)
45. Is there a diversification discount in financial conglomerates?
    Journal of Financial Economics, 2007, 85, (2), 331-367 View citations (503)
    See also Working Paper Is There a Diversification Discount in Financial Conglomerates?, CEPR Discussion Papers (2005) View citations (28) (2005)
46. Migration, spillovers, and trade diversion: The impact of internationalization on domestic stock market activity
    Journal of Banking & Finance, 2007, 31, (6), 1595-1612 View citations (30)

2006

47. Bank concentration, competition, and crises: First results
    Journal of Banking & Finance, 2006, 30, (5), 1581-1603 View citations (577)
48. Bank supervision and corruption in lending
    Journal of Monetary Economics, 2006, 53, (8), 2131-2163 View citations (245)
    See also Working Paper Bank Supervision and Corruption in Lending, NBER Working Papers (2005) View citations (9) (2005)
49. Internationalization and Stock Market Liquidity
    Review of Finance, 2006, 10, (1), 153-187 View citations (67)
    See also Working Paper Internationalization and Stock Market Liquidity, NBER Working Papers (2005) View citations (20) (2005)

2005

50. Law, Endowments and Property Rights
    Journal of Economic Perspectives, 2005, 19, (3), 61-88 View citations (141)
    See also Working Paper Law, Endowments, and Property Rights, NBER Working Papers (2005) View citations (141) (2005)
51. SMEs, Growth, and Poverty: Cross-Country Evidence
    Journal of Economic Growth, 2005, 10, (3), 199-229 View citations (160)

2004

52. Aid, Policies, and Growth: Comment
    American Economic Review, 2004, 94, (3), 774-780 View citations (308)
53. Bank regulation and supervision: what works best?
    Journal of Financial Intermediation, 2004, 13, (2), 205-248 View citations (1117)
    See also Working Paper Bank Regulation and Supervision: What Works Best?, NBER Working Papers (2002) View citations (69) (2002)
54. Introduction: Bank concentration and competition: an evolution in the making
    Proceedings, 2004, 433-451 View citations (197)
55. Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation
    Journal of Money, Credit and Banking, 2004, 36, (3), 593-622 View citations (289)
    Also in Proceedings, 2004, 593-626 (2004) View citations (293)
    See also Working Paper Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation, NBER Working Papers (2003) View citations (62) (2003)
56. Stock markets, banks, and growth: Panel evidence
    Journal of Banking & Finance, 2004, 28, (3), 423-442 View citations (842)
    See also Working Paper Stock Markets, Banks, and Growth: Panel Evidence, NBER Working Papers (2002) View citations (55) (2002)

2003

57. Law and finance: why does legal origin matter?
    Journal of Comparative Economics, 2003, 31, (4), 653-675 View citations (847)
    See also Working Paper Law and Finance: Why Does Legal Origin Matter?, NBER Working Papers (2002) View citations (36) (2002)
58. Law, endowments, and finance
    Journal of Financial Economics, 2003, 70, (2), 137-181 View citations (364)
    See also Working Paper Law, Endowment, and Finance, NBER Working Papers (2002) View citations (15) (2002)
59. More on finance and growth: more finance, more growth?
    Review, 2003, 85, (Jul), 31-46 View citations (133)
60. Tropics, germs, and crops: how endowments influence economic development
    Journal of Monetary Economics, 2003, 50, (1), 3-39 View citations (858)
    See also Working Paper Tropics, Germs, and Crops: How Endowments Influence Economic Development, Working Papers (2002) View citations (135) (2002)

2002

61. Bank-Based or Market-Based Financial Systems: Which Is Better?
    Journal of Financial Intermediation, 2002, 11, (4), 398-428 View citations (650)
    See also Working Paper Bank-Based or Market-Based Financial Systems: Which is Better?, William Davidson Institute Working Papers Series (2002) View citations (607) (2002)
62. Industry growth and capital allocation:*1: does having a market- or bank-based system matter?
    Journal of Financial Economics, 2002, 64, (2), 147-180 View citations (507)
    See also Working Paper Industry Growth and Capital Allocation: Does Having a Market- or Bank-Based System Matter?, NBER Working Papers (2002) View citations (524) (2002)
63. International financial integration and economic growth
    Journal of International Money and Finance, 2002, 21, (6), 749-776 View citations (306)
    See also Working Paper International Financial Integration and Economic Growth, IMF Working Papers (2002) View citations (310) (2002)

2001

64. How Much Bang for the Buck? Mexico and Dollarization
    Journal of Money, Credit and Banking, 2001, 33, (2), 339-63 View citations (8)
    Also in Proceedings, 2001, 339-369 (2001) View citations (8)
65. International Financial Liberalization and Economic Growth
    Review of International Economics, 2001, 9, (4), 688-702 View citations (243)
66. It's Not Factor Accumulation: Stylized Facts and Growth Models
    The World Bank Economic Review, 2001, 15, (2), 177--219
    See also Chapter It´s Not Factor Accumulation: Stylized Facts and Growth Models, Central Banking, Analysis, and Economic Policies Book Series, 2002, 6, 061-114 (2002) View citations (68) (2002)
    Working Paper It's Not Factor Accumulation: Stylized Facts and Growth Models, Working Papers Central Bank of Chile (2002) View citations (86) (2002)
67. Legal Theories of Financial Development
    Oxford Review of Economic Policy, 2001, 17, (4), 483-501 View citations (48)
68. The impact of inflation on financial sector performance
    Journal of Monetary Economics, 2001, 47, (2), 221-248 View citations (518)

2000

69. A New Database on the Structure and Development of the Financial Sector
    The World Bank Economic Review, 2000, 14, (3), 597-605 View citations (293)
70. Are bank-based or market-based financial systems better?
    Journal Economía Chilena (The Chilean Economy), 2000, 3, (1), 25-55 View citations (7)
71. Finance and the sources of growth
    Journal of Financial Economics, 2000, 58, (1-2), 261-300 View citations (1723)
    See also Working Paper Finance and the sources of growth, Policy Research Working Paper Series (1999) View citations (39) (1999)
72. Financial intermediation and growth: Causality and causes
    Journal of Monetary Economics, 2000, 46, (1), 31-77 View citations (2313)
    See also Chapter Financial Intermediation and Growth: Causality and Causes, Central Banking, Analysis, and Economic Policies Book Series, 2002, 3, 031-084 (2002) View citations (12) (2002)
    Working Paper Financial Intermediation and Growth: Causality and Causes, Working Papers Central Bank of Chile (1999) View citations (58) (1999)

1999

73. Financial development and growth: where do we stand?
    Estudios de Economia, 1999, 26, (2 Year 1999), 113-136 View citations (15)
74. Law, Finance, and Economic Growth
    Journal of Financial Intermediation, 1999, 8, (1-2), 8-35 View citations (434)

1998

75. Capital Control Liberalization and Stock Market Development
    World Development, 1998, 26, (7), 1169-1183 View citations (201)
    See also Working Paper Capital control liberalization and stock market development, Policy Research Working Paper Series (1996) View citations (13) (1996)
76. Robert J. Barro, Determinants of Economic Growth: A Cross-Country Empirical Study
    Journal of Comparative Economics, 1998, 26, (4), 822-824 View citations (7)
77. Stock Markets, Banks, and Economic Growth
    American Economic Review, 1998, 88, (3), 537-58 View citations (1762)
    See also Working Paper Stock markets, banks, and economic growth, Policy Research Working Paper Series (1996) View citations (62) (1996)
78. The Legal Environment, Banks, and Long-Run Economic Growth
    Journal of Money, Credit and Banking, 1998, 30, (3), 596-613 View citations (472)
    Also in Proceedings, 1998, (Aug), 596-620 (1998) View citations (478)
79. Troubles with the Neighbours: Africa's Problem, Africa's Opportunity
    Journal of African Economies, 1998, 7, (1), 120-42 View citations (79)

1997

80. Africa's Growth Tragedy: Policies and Ethnic Divisions
    The Quarterly Journal of Economics, 1997, 112, (4), 1203-1250 View citations (2471)
    See also Working Paper Africa's Growth Tragedy: Policies and Ethnic Divisions, Working Papers (1996) View citations (31) (1996)
81. Financial Development and Economic Growth: Views and Agenda
    Journal of Economic Literature, 1997, 35, (2), 688-726 View citations (2911)
    See also Working Paper Financial development and economic growth: views and agenda, Policy Research Working Paper Series (1996) View citations (44) (1996)

1996

82. Stock Market Development and Financial Intermediaries: Stylized Facts
    The World Bank Economic Review, 1996, 10, (2), 291-321 View citations (308)
    See also Working Paper Stock market development and financial intermediaries: stylized facts, Policy Research Working Paper Series (1995) View citations (42) (1995)
83. Stock Market Development and Long-Run Growth
    The World Bank Economic Review, 1996, 10, (2), 323-39 View citations (326)
    See also Working Paper Stock market development and long-run growth, Policy Research Working Paper Series (1996) View citations (330) (1996)
84. Stock Markets, Corporate Finance, and Economic Growth: An Overview
    The World Bank Economic Review, 1996, 10, (2), 223-39 View citations (194)

1994

85. Capital fundamentalism, economic development, and economic growth
    Carnegie-Rochester Conference Series on Public Policy, 1994, 40, (1), 259-292 View citations (209)
    See also Working Paper Capital fundamentalism, economic development, and economic growth, Policy Research Working Paper Series (1994) View citations (209) (1994)
86. Finance and development: Issues and experience: Alberto Giovannini, ed (Cambridge university press, New York, 1993) pp. ix+436, $49.50
    Journal of International Economics, 1994, 37, (3-4), 273-277 View citations (1)
87. Reforming Finance in Transitional Socialist Economies
    The World Bank Research Observer, 1994, 9, (1), 1-24 View citations (12)

1993

88. Finance and Growth: Schumpeter Might Be Right
    The Quarterly Journal of Economics, 1993, 108, (3), 717-737 View citations (3625)
    See also Working Paper Finance and growth: Schumpeter might be right, Policy Research Working Paper Series (1993) View citations (3525) (1993)
89. Finance, entrepreneurship and growth: Theory and evidence
    Journal of Monetary Economics, 1993, 32, (3), 513-542 View citations (1435)
90. Old debts and new beginnings: A policy choice in transitional socialist economies
    World Development, 1993, 21, (3), 319-330 View citations (1)
    See also Working Paper Old debts and new beginnings: a policy choice in transitional socialist economies, Policy Research Working Paper Series (1992) View citations (5) (1992)
91. Quality ladders, growth, and R&D: an assessment from U.S. industry: A comment
    Carnegie-Rochester Conference Series on Public Policy, 1993, 38, (1), 275-278
92. What We Have Learned about Policy and Growth from Cross-Country Regressions?
    American Economic Review, 1993, 83, (2), 426-30 View citations (180)

1992

93. A Sensitivity Analysis of Cross-Country Growth Regressions
    American Economic Review, 1992, 82, (4), 942-63 View citations (2507)
    See also Working Paper A sensitivity analysis of cross-country growth regressions, Policy Research Working Paper Series (1991) View citations (195) (1991)
94. Financial intermediary services and growth
    Journal of the Japanese and International Economies, 1992, 6, (4), 383-405 View citations (28)

1991

95. An empirical inquiry into the nature of the forward exchange rate bias
    Journal of International Economics, 1991, 30, (3-4), 359-369 View citations (7)
96. Stock Markets, Growth, and Tax Policy
    Journal of Finance, 1991, 46, (4), 1445-65 View citations (413)

1989

97. An International Arbitrage Pricing Model with PPP Deviations
    Economic Inquiry, 1989, 27, (4), 587-99 View citations (5)
    See also Working Paper An international arbitrage pricing model with PPP deviations, International Finance Discussion Papers (1986) View citations (1) (1986)
98. The pricing of forward exchange rates
    Journal of International Money and Finance, 1989, 8, (2), 163-179 View citations (16)
    See also Working Paper The pricing of forward exchange rates, International Finance Discussion Papers (1987) (1987)
99. The ‘Problem’ of Capital Flight—a Cautionary Note
    The World Economy, 1989, 12, (2), 237-252 View citations (2)

Books

2012

1. Guardians of Finance: Making Regulators Work for Us, vol 1
   MIT Press Books, The MIT Press View citations (81)

2008

2. Finance, Financial Sector Policies, and Long-Run Growth
   World Bank Publications - Books, The World Bank Group View citations (128)
   See also Working Paper Finance, financial sector policies, and long-run growth, Policy Research Working Paper Series, The World Bank (2008) View citations (149) (2008)
3. Rethinking Bank Regulation
   Cambridge Books, Cambridge University Press View citations (57)
   Also in Cambridge Books, Cambridge University Press (2006) View citations (560)

Edited books

2018

1. Finance and Growth
   Books, Edward Elgar Publishing View citations (51)
2. Handbook of Finance and Development
   Books, Edward Elgar Publishing View citations (50)

2016

3. Regulation and Governance of Financial Institutions, vol Two volume set
   Books, Edward Elgar Publishing View citations (1)

2004

4. Financial Structure and Economic Growth: A Cross-Country Comparison of Banks, Markets, and Development, vol 1
   MIT Press Books, The MIT Press View citations (74)

00

5. Finance and Growth
   Books, Edward Elgar Publishing View citations (1298)

Chapters

2015

1. Misdiagnosis: Incomplete Cures of Financial Regulatory Failures
   Chapter 15 in The First Great Financial Crisis of the 21st Century A Retrospective, 2015, pp 399-431 View citations (2)

2013

2. Bank Regulatory Reforms and Racial Wage Discrimination
   Chapter 7 in The Social Value of the Financial Sector Too Big to Fail or Just Too Big?, 2013, pp 91-107
3. In Defense of Wall Street: The Social Productivity of the Financial System
   Chapter 13 in The Role of Central Banks in Financial Stability How Has It Changed?, 2013, pp 257-279

2011

4. The Sentinel: Improving the Governance of Financial Policies
   Chapter 26 in The International Financial Crisis Have the Rules of Finance Changed?, 2011, pp 371-385 View citations (2)

2008

5. Legal Institutions and Financial Development
   Springer View citations (15)
   Also in Springer (2005) View citations (113)
   See also Working Paper Legal institutions and financial development, Tilburg University, School of Economics and Management (2005) View citations (120) (2005)

2005

6. Finance and Growth: Theory and Evidence
   Chapter 12 in Handbook of Economic Growth, 2005, vol. 1, Part A, pp 865-934 View citations (2082)
   See also Working Paper Finance and Growth: Theory and Evidence, National Bureau of Economic Research, Inc (2004) View citations (390) (2004)

2004

7. Denying Foreign Bank Entry: Implications for Bank Interest Margins
   Chapter 9 in Banking Market Structure and Monetary Policy, 2004, vol. 7, pp 271-292 View citations (11)
   See also Working Paper Denying Foreign Bank Entry: Implications For Bank Interest Margins, Central Bank of Chile (2003) View citations (18) (2003)

2003

8. Stock Market Liquidity and Economic Growth: Theory and Evidence
   Palgrave Macmillan View citations (6)

2002

9. Finance and Growth: New Evidence and Policy Analyses for Chile
   Chapter 11 in Economic Growth: Sources, Trends, and Cycles, 2002, vol. 6, pp 343-376 View citations (12)
   See also Working Paper Finance and Growth: New Evidence and Policy Analyses for Chile, Central Bank of Chile (2002) View citations (13) (2002)
10. Financial Intermediation and Growth: Causality and Causes
    Chapter 2 in Banking, Financial Integration, and International Crises, 2002, vol. 3, pp 031-084 View citations (12)
    See also Working Paper Financial Intermediation and Growth: Causality and Causes, Central Bank of Chile (1999) View citations (58) (1999)
    Journal Article Financial intermediation and growth: Causality and causes, Elsevier (2000) View citations (2313) (2000)
11. Financial Regulation and Performance: Cross-COuntry Evidence
    Chapter 4 in Banking, Financial Integration, and International Crises, 2002, vol. 3, pp 113-142 View citations (5)
    See also Working Paper Financial Regulation And Performance: Cross-Country Evidence, Central Bank of Chile (2001) View citations (13) (2001)
12. It´s Not Factor Accumulation: Stylized Facts and Growth Models
    Chapter 3 in Economic Growth: Sources, Trends, and Cycles, 2002, vol. 6, pp 061-114 View citations (68)
    See also Journal Article It's Not Factor Accumulation: Stylized Facts and Growth Models, World Bank (2001) (2001)
    Working Paper It's Not Factor Accumulation: Stylized Facts and Growth Models, Central Bank of Chile (2002) View citations (86) (2002)

2001

13. Banking Systems around the Globe: Do Regulation and Ownership Affect Performance and Stability?
    A chapter in Prudential Supervision: What Works and What Doesn't, 2001, pp 31-96 View citations (199)
    See also Working Paper Banking systems around the globe: do regulation and ownership affect the performance and stability?, The World Bank (2000) View citations (114) (2000)