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Finance and Private Sector Research

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A well-functioning financial system and a vigorous private sector are important drivers of growth and poverty reduction. Finance is central to private sector development and vice versa, and large parts of both sub-disciplines revolve around the behavior and performance of firms. Information about our research on finance and private sector development can be found under Subtopics below. More »


Working Papers

The Heterogeneous Growth Effects of the Business Environment: Firm-Level Evidence for a Global Sample of Cities
José-Daniel Reyes, Mark Roberts, and Lixin Colin Xu
Policy Research Working Paper 8114, June 2017

Do Individual Investors Ignore Transaction Costs?
Deniz Anginer, Snow Xue Han, and Celim Yildizhan
Policy Research Working Paper 8098, June 2017

Status Goods: Experimental Evidence from Platinum Credit Cards
Leonardo Bursztyn, Bruno Ferman, Stefano Fiorin, Martin Kanz, and Gautam Rao
Policy Research Working Paper 8064, May 2017

Financial Inclusion and Inclusive Growth: A Review of Recent Empirical Evidence
Asli Demirguc-Kunt, Leora Klapper, and Dorothe Singer
Policy Research Working Paper 8040, April 2017

How Effective Are Active Labor Market Policies in Developing Countries? A Critical Review of Recent Evidence
David McKenzie, Nídia García, and José Gómez-González
Policy Research Working Paper 8011, March 2017

Do Foreign Investors Underperform? An Empirical Decomposition into Style and Flows
Alvaro Pedraza, Fredy Pulga, and Jose Vasquezz
Policy Research Working Paper 7998, March 2017

Financial Information in Colombia
Xavier Giné, Nídia García, and José Gómez-González
Policy Research Working Paper 7998, March 2017

Growing Markets through Business Training for Female Entrepreneurs: A Market-Level Randomized Experiment in Kenya
David McKenzie and Susana Puerto
Policy Research Working Paper 7993, March 2017

Agent Banking in a Highly Under-Developed Financial Sector: Evidence from the Democratic Republic of Congo
Robert Cull, Xavier Gine, Sven Harten, and Anca Bogdana Rusu
Policy Research Working Paper 7984, February 2017

Foreign Banks and International Transmission of Monetary Policy: Evidence from the Syndicated Loan Marke
Asli Demirgüç-Kunt, Bálint L. Horváth, and Harry Huizinga
Policy Research Working Paper 7937, January 2017

Can Grants to Consortia Spur Innovation and Science-Industry Collaboration? Regression-Discontinuity Evidence from Poland
Miriam Bruhn and David McKenzie
Policy Research Working Paper 7934, January 2017

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Can government subsidies spur science-industry collaboration and innovation? by Miriam Bruhn and David McKenzie by David McKenzie (All About Finance blog, April 14, 2017)

A cheap way for governments to help firms: pay vendors on time by David McKenzie (Development Impact blog, April 17, 2017)

Is there a natural resource curse in finance? by Thorsten Beck and Steven Poelhekke (All about Finance blog, April 4, 2017)

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Research Manager

Last updated: 2017-06-28

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