A. Demirguc-Kunt - Other Publications

• How Important Are Financing Constraints? The Role of Finance in the Business Environment, with M. Ayyagari and V. Maksimovic, World Bank Economic Review, Vol 22:3, 483-516. October 2008.

• Finance, Firm Size, and Growth, with T. Beck, L. Laeven, and R. Levine, Journal of Money, Credit, and Banking, Vol 40:7, 1379-1405. September 2008.

• Financing Patterns around the World: Are Small Firms Different?, with T. Beck and V. Maksimovic, Journal of Financial Economics, Vol 89:3, 467-487. September 2008.

• Financial and Legal Constraints to Firm Growth: Does Firm Size Matter?, with T. Beck and V. Maksimovic, Journal of Finance, Vol 60:1, 137-177. February 2004.
                       World Business Environment Survey data 
   

• The Determinants of Financing Obstacles, with T. Beck, L. Laeven and V. Maksimovic, Journal of International Money and Finance, Vol. 25:6, 932-952. October 2006.

• SMEs, Growth and Poverty:Cross-Country Evidence, with T. Beck and R. Levine, Journal of Economic Growth, Vol 10:3, 197-227. September 2005.
  

• SMEs, Growth and Poverty: Do Pro-SME Policies Work?, with T. Beck, Private Sector Note 268, PSD, World Bank.
  

• Small and Medium Enterprises across the Globe, with T. Beck and M. Ayyagari, Small Business Economics. January 2007.
  

• The Influence of Financial and Legal Institutions on Firm Size, with T. Beck and V. Maksimovic, Journal of Banking and Finance, Vol 30:11, 2995-3015. November 2006.
  

• Business Environment and the Incorporation Decision, with V. Maksimovic and I. Love, Journal of Banking and Finance, Vol 30:11, 2967-2993. November 2006.
                       Related work on SMEs   |   Synthesis paper of SME research

• Finance for All? Policies and Pitfalls in Expanding Access, with T. Beck and P. Honohan, A World Bank Policy Research Report, Washington DC: World Bank. November 2007.
  

• Banking Services for Everyone? Barriers to Bank Access and Use Around the World, with T. Beck and M. Martinez Peria, World Bank Economic Review, Vol 22:3. October 2008.
  

• Reaching Out: Access to and Use of Banking Services across Countries, with T. Beck and S. Martinez Peria, Journal of Financial Economics, Vol 85:1, 234-266.
                Data

• Finance: Pro-Poor and Pro-Growth, with T. Beck. March 2005.
  

• Finance, Inequality and the Poor, with T. Beck and R. Levine, Journal of Economic Growth, Vol 12:1, 27-49. March 2007.
  
• Financial Performance and Outreach: A Global Analysis of Leading Microbanks, with R. Cull and J. Murdoch, Economic Journal, 117:517, 107-F133. February 2007.

• Microfinance Meets the Market, with R. Cull and J. Morduch, Journal of Economic Perspectives.  Forthcoming.

• Financial Structure and Economic Growth: A Cross-Country Comparison of Banks, Markets, and Development, with R. Levine, Cambridge, MA: MIT Press. 2001
                    New data (1960-2004)  |  Related work on financial structure
  

• Funding Growth in Bank-Based and Market-Based Financial Systems: Evidence from Firm Level Data, with V. Maksimovic, Journal of Financial Economics , Vol. 65:3. September 2002.

• A New Database on Financial Development and Structure with T. Beck and R. Levine, World Bank Economic Review, Vol 14:3, 597-605. September 2000.

• Capital Structures in Developing Countries, with V. Aivazian, L. Booth and V. Maksimovic,  Journal of Finance, Vol 56:1. February 2001.

• Law, Finance and Firm Growth, with V. Maksimovic, Journal of Finance, Vol 53:6. December 1998.

• Institutions, Financial Markets and Firm Debt Maturity, with V. Maksimovic, Journal of Financial Economics, Vol 54:3. December 1999.

• Firm Innovation in Emerging Markets: Role of Governance and Finance, with M. Ayyagari and V. Maksimovic. May 2006.

• The 2007 Meltdown in Structured Securitization: Searching for Lessons not Scapegoats, with G. Caprio and E. Kane. November 2008.
  
• Viewpoint note: Resolution of Systemic Financial Problems, September 2008.
  

• Inside the Crisis: An Empirical Analysis of Banking Systems in Distress, with E. Detragiache and P. Gupta, Journal of International Money & Finance, Vol 25:5, 702-718. August 2006.
  

• Cross-Country Empirical Studies of Systemic Bank Distress: A Survey, with E. Detragiache, in Financial Instability, Asset Prices and Credit,  P. Davis (ed.), National Institute Economic Review, No. 192, pp.68-83. April 2005.
  

• "The Determinants of Banking Crises: Evidence from Developing and Developed Countries," with E. Detragiache, IMF Staff Papers, Vol 45:1. March 1998.
  

• "Monitoring Banking Sector Fragility: A Multivariate Logit Approach," with E. Detragiache, World Bank Economic Review, Vol 14:2. May 2000.
  

• "Financial Liberalization and Financial Fragility," with E. Detragiache, in Proceedings of the World Bank Annual Conference on Development Economics, Pleskovic B. and J. Stiglitz (eds.) World Bank. May 1999.

• What determines protection of property rights? An Analysis of Direct and Indirect Effects, with M. Ayyagari and V. Maksimovic. March 2006.
  

• How Well Do Institutional Theories Explain Firms Perceptions of Property Rights?,  with M. Ayyagari and V. Maksimovic, Review of Financial Studies, Vol 21:4, 1833-1871. July 2008.
  

• Law and Firms' Access to Finance, with T. Beck and R. Levine, American Law and Economics Review, Vol 7:1, 211-252. February 2005.
  

• Law, Endowments, and Finance with T. Beck and R. Levine, Journal of Financial Economics, Vol 70:2, 137-181. November 2003.
                     Data
   

• Law and Finance: Why Does Legal Origin Matter?with T. Beck and R. Levine, Journal of Comparative Economics, 31:4, 653-675. December 2003.
                     Data  

• Bank Concentration, Competition and Crises: First Results, with T. Beck and R. Levine, Journal of Banking and Finance, Vol 30:5, 1581-1603. May 2006.
  

• Bank Competition and Access to Finance: International Evidence, with T. Beck and V. Maksimovic, Journal of Money, Credit, and Banking, Vol 36:3, 627-648. June 2004.
  

• Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation, with L. Laeven and R. Levine, Journal of Money, Credit, and Banking, Vol 36:3. June 2004.
  

• How Does Foreign Entry Affect Domestic Banking Markets? with S. Claessens and H. Huizinga, Journal of Banking and Finance, 25(5). April 2001.  
                 Data  |   Related work on Bank Concentration and Competition
   
• Synthesis paper of concentration research: Bank Concentration and Competition: An Evolution in the Making," with A. Berger, R. Levine and J. Haubrich, Journal of Money, Credit and Banking, Vol. 36 (3). 2004.

• "Deposit Insurance Design and Implementation: Policy Lessons from Research and Practice,” in Deposit Insurance around the World: Issues of Design and Implementation, E. Kane and L. Laeven (eds.) Cambridge, MA: MIT Press. 2008.

• Deposit Insurance Design and Implementation: Policy Lessons from Research and Practice, with E. Kane and L. Laeven, June 2006.

• Deposit Insurance Around the Globe: Where Does it Work?, with E. Kane, Journal of Economic Perspectives, Vol. 16 (2). Spring 2002. 
  

• Does Deposit Insurance Increase Banking System Stability? An Empirical Investigation, with E. Detragiache, Journal of Monetary Economics, Vol. 49(7). October 2002.
  

• Market Discipline and Deposit Insurance, with H. Huizinga, Journal of Monetary Economics, Vol 51(2). March 2004. 
                          Data   |   Related work on Deposit Insurance
  

• Determinants of Deposit Insurance Adoption and Design with E. Kane and L. Laeven, Journal of Financial Intermediation, 17 (3). July 2008.
                         Updated Deposit Insurance Data 

• Banking on the Principles: Compliance with Basel Core Principles and Bank Soundness, with E. Detragiache and T. Tressel, Journal of Financial Intermediation. Forthcoming.
  

• Bank Supervision and Corruption in Lending with T. Beck and R. Levine, Journal of Monetary Economics, Vol 53:8, 2131-63. Noveber 2006.

• Do Workers’ Remittances Promote Financial Development?, with R. Aggarwal and M. Martinez Peria. June 2006.

• Finance and Economic Development: The Role of Government. December 2008.
  

• Firms as Financial Intermediaries: Evidence from Trade Credit Data, with V. Maksimovic. June 2001.