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Finance and Private Sector Research


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

Hayek, Local Information, and the Decentralization of State-Owned Enterprises in China
Zhangkai Huang, Lixing Li, Guangrong Ma, Lixin Colin Xu
Policy Research Working Paper 7321, June 2015

Unbundling Institutions for External Finance: Worldwide Firm-Level Evidence
Steve Knack and Lixin Colin Xu
Policy Research Working Paper 7287, June 2015

The Dark Side of Disclosure: Evidence of Government Expropriation from Worldwide Firms
Tingting Liu, Barkat Ullah, Zuobao Wei, and Lixin Colin Xu
Policy Research Working Paper 7254, May 2015

The Global Findex Database 2014: Measuring Financial Inclusion around the World
Asli Demirguc-Kunt, Leora Klapper, Dorothe Singer, Peter Van Oudheusden
Policy Research Working Paper 7255, April 2015

Asset Price Effects of Peer Benchmarking: Evidence from a Natural Experiment
Sushant Acharya and Alvaro Pedraza
Policy Research Working Paper 7239, April 2015

Last updated: 2015-07-24

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