|A. Demirguc-Kunt - Other Publications|
| Growth Obstacles, Financing Constraints, and Firm Size|
- Bank Financing for SMEs: Evidence across Countries and Bank Ownership Types, with Beck, T. and M. S. M. Peria, Journal of Financial Services Research, Vol. 39: 1-2, 35-54. April 2011.
- Financial and Legal Constraints to Growth: Does Firm Size Matter? Entrepreneurship in Developing Countries, edited by Thorsten Beck (with Beck, T., A. Demirguc-Kunt and V. Maksimovic). Elgar Reference Collection. International Library of Entrepreneurship, vol. 15. Cheltenham, U.K. and Northampton, Mass., Elgar: 379-419. 2009.
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. November 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.
Small and Medium Enterprises across the Globe, with T. Beck and M. Ayyagari, Small Business Economics, Vol 29:4, 415-434, December 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
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.
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
SMEs, Growth and Poverty: Do Pro-SME Policies Work?, with T. Beck, Private Sector Note 268, PSD, World Bank. February 2004.
| Access to Finance, Poverty, and Inequality|
Measuring Financial Inclusion Explaining Variation Across and Within Countries, Conference, with L. Klapper, forthcoming, Brookings Papers on Economic Activity.
Entrepreneurship in Post-conflict Transition: The Role of Informality and Access to Finance, with L. F. Klapper and G. A. Panos, Economics of Transition, Vol. 19: 1, 27-78. January 2011.
Global Financial Crisis, Risk Analysis and Risk Measurement: Editorial, with Claessens, S. and F. Moshirian, Journal of Banking and Finance, Vol. 33:11, 1949-1952. November 2009.
Microfinance Meets the Market, with R. Cull and J. Morduch, Journal of Economic Perspectives., Vol 23:1, 167-192. Winter 2009.
Finance and Inequality: Theory and Evidence, with R. Levine, Annual Review of Financial Economics, Vol. 1: 1, 287-318. September 2009.
Symposium on Financial Sector: Access to Financial Services: Measurement, Impact, and Policies, with Beck, T. and P. Honohan, World Bank Research Observer, Vol. 24:1, 119-145. February 2009.
Microfinance Meets the Market. Moving beyond Storytelling: Emerging Research in Microfinance, edited by Todd A. Watkins and Karen Hicks (with Cull, R., A. Demirguc-Kunt, J. Morduch, T.) , Contemporary Studies in Economic and Financial Analysis, vol. 92. Bingley, U.K., Emerald: 1-30. 2009.
Finance and Economic Opportunity. Annual World Bank Conference on Development Economics--Global 2008: Private Sector and Development, with Demirguc-Kunt, A., R. Levine, J. Y. Lin and B. Pleskovic, Washington, D.C., World Bank: 69-87. 2009.
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.
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.
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. July 2007.
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.
Finance: Pro-Poor and Pro-Growth, with T. Beck. March 2005.
Bribe Payments and Innovation in Developing Countries: Are Innovating Firms Disproportionately Affected? forthcoming, Journal of Financial and Quantitative Analysis, (with M. Ayyagari and V. Maksimovic).
Financial development in 205 economies, 1960 to 2010, forthcoming, Journal of Financial Perspectives, (with M. Cihak, E. Feyen and R. Levine).
Rethinking the Role of the State in Finance, GFDR, 2013. 1-220. World Bank. 2012.
Firm Innovation in Emerging Markets: The Role of Finance, Governance, and Competition, with Ayyagari, M. and V. Maksimovic, Journal of Financial and Quantitative Analysis, Vol. 46: 6, 1545-1580. December 2011.
Bank Activity and Funding Strategies: The Impact on Risk and Returns, with H. Huizinga, Journal of Financial Economics, Vol. 98:3, 626-650. Decembe 2010.
Formal versus Informal Finance: Evidence from China, with Ayyagari, M. and V. Maksimovic, Review of Financial Studies, Vol. 23:8, 3048-3097. May 2010.
Finance and Economic Development: The Role of Government (hardcover), In The Oxford Handbook of Banking, edited by A. N. Berger, P. Molyneux and J. O. S. Wilson, Oxford and New York, Oxford University Press: 729-755. February 2010.
Financial Institutions and Markets across Countries and over Time: The Updated Financial Development and Structure Database, with Beck, T. and R. Levine, World Bank Economic Review, Vol. 24:1, 77-92. January 2010.
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.
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
Capital Structures in Developing Countries, with V. Aivazian, L. Booth and V. Maksimovic, Journal of Finance, Vol 56:1. February 2001.
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.
Institutions, Financial Markets and Firm Debt Maturity, with V. Maksimovic, Journal of Financial Economics, Vol 54:3. December 1999.
Law, Finance and Firm Growth, with V. Maksimovic, Journal of Finance, Vol 53:6. December 1998.
- The International Financial Crisis: Have the Rules of Finance Changed?, with Demirguc-Kunt, A., D. D. Evanoff and G. G. Kaufman, in World Scientific Studies in International Economics, vol. 14. Hackensack, N.J. and Singapore, World Scientific, January 2011.
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.
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.
The Determinants of Banking Crises: Evidence from Developing and Developed Countries, with E. Detragiache, IMF Staff Papers, Vol 45:1. March 1998.
| Determinants of Financial Development|
Do We Need Big Banks? Evidence on Performance, Strategy and Market Discipline, forthcoming, Journal of Financial Intermediation, (with A. Bertay and h. Huizinga).
The Evolving Importance of Banks and Securities Markets, forthcoming, World Bank Economic Review (with E. Feyen and R. Levine).
Financial Structure and Economic Development: A Reassessment, forthcoming, World Bank Economic Review (with R. Cull and J. Lin).
Financing in Developing Countries in Handbook of the Economics of Finance, edited by George Constantinides, Milton Harris, and Rene Stulz, forthcoming (with M. Ayyagari and V. Maksimovic).
- What determines protection of property rights? An Analysis of Direct and Indirect Effects, with M. Ayyagari and V. Maksimovic. Journal of Financial Econometrics. Vol.0:0 February 2013 (advance access).
Remittances and Banking Sector Breadth and Depth: Evidence from Mexico, with E. L. Cordova, M. S. Martinez Peria and C. Woodruff , Journal of Development Economics, Vol. 95: 2, 229-241. July 2011.
Do Remittances Promote Financial Development?, with Aggarwal, R., and M. S. Martinez Peria, Journal of Development Economics, Vol. 96: 2, 255-264. November 2011.
Law and Finance: Why Does Legal Origin Matter? Economics of Comparative Law, edited by G. De Geest, (with Beck, T., A. Demirguc-Kunt and R. Levine) An Elgar Reference Collection. Economic Approaches to Law, vol. 24. Cheltenham, U.K. and Northampton, Mass., Elgar: 391-413. 2009.
Finance and Economic Development: The Role of Government. December 2008.
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.
Do Workers’ Remittances Promote Financial Development?, with R. Aggarwal and M. Martinez Peria. June 2006.
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 and Finance: Why Does Legal Origin Matter?with T. Beck and R. Levine, Journal of Comparative Economics, 31:4, 653-675. December 2003.
Law, Endowments, and Finance with T. Beck and R. Levine, Journal of Financial Economics, Vol 70:2, 137-181. November 2003.
| Bank Concentration and Competition|
Islamic vs. Conventional Banking: Business Model, Efficiency and Stability. with T. Beck and O. Merrouche, Journal of Banking and Finance Vol. 37: 2, 433-447. February 2013.
Banking The World, with R. Cull and J.Morduch , Cambridge, MA. MIT Press, 2013
Microfinance Trade-Offs: Regulation, Competition and Financing, with Cull, R., and J. Morduch, B. in The Handbook of Microfinance. Hackensack, N.J. and Singapore, World Scientific: 141-157. April 2011.
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.
- 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.
- 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
- Basel Core Principles and Bank Soundness: Does Compliance Matter?, with E. Detragiache, Journal of Financial Stability, Vol. 7: 4, 179-190. Decembe 2011.
- Does Regulatory Supervision Curtail Microfinance Profitability and Outreach?, with Cull, R., A. Demirguc-Kunt and J. Morduch, World Development, Vol. 39: 6, 949-965. June 2011.
- Bank Supervision and Corruption in Lending with T. Beck and R. Levine, Journal of Monetary Economics, Vol 53:8, 2131-63. Noveber 2006.