Leora Klapper

Lead Economist


LEORA KLAPPER is a Lead Economist in the Finance and Private Sector Research Team of the Development Research Group at the World Bank. Since joining the Bank as a Young Economist in 1998, she has published on entrepreneurship, access to finance, corporate governance, bankruptcy, and risk management. Her current research focuses on entrepreneurship and household finance, and measurements of financial inclusion.  Prior to coming to the Bank she worked at the Board of Governors of the Federal Reserve System, the Bank of Israel, and Salomon Smith Barney. She holds a Ph.D. in Financial Economics from New York University Stern School of Business.

Contact information: Research@worldbank.org
























World Bank working papers and publications

1 .The impact of the business environment on the business creation process
2 .Market power and the matching of trade credit terms
3 .Taxation and capital structure : evidence from a transition economy
4 .Entrepreneurship and firm formation across countries
5 .A firm-level analysis of small and medium size enterprise financing in Poland
6 .Corporate governance and bank performance : a joint analysis of the static, selection, and dynamic effects of domestic, foreign, and state ownership
7 .The role of factoring for financing small and medium enterprises
8 .American Depositary Receipts (ADR) holdings of U.S. based emerging market funds
9 .A survey of government regulation and intervention in financial markets
10 .Financing small and medium-size enterprises with factoring: global growth and its potential in eastern Europe
11 .Business environment and firm entry : Evidence from international data
12 .Further evidence on the link between finance and growth : an international analysis of community banking and economic performance
13 .Ownership structure and initial public offerings
14 .Portfolio preferences of foreign institutional investors
15 .The global growth of mutual funds
16 .Small and medium size enterprise financing in Eastern Europe
17 .Bankruptcy around the world - explanations of its relative use
18 .Corporate governance, investor protection, and performance in emerging markets
19 .Exchange rate risk management : evidence from East Asia
20 .The uniqueness of short-term collateralization