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Citations of
Stijn Claessens

For current contact information and a more complete listing of works, please see here

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Working papers

  1. Stijn Claessens & Kenichi Ueda, 2008. "Banks and Labor as Stakeholders: Impact on Economic Performance," IMF Working Papers 08/229, International Monetary Fund. [Downloadable!]

    Cited by:

    1. Franklin Allen & Elena Carletti & Robert Marquez, 2009. "Stakeholder Capitalism, Corporate Governance and Firm Value," Economics Working Papers ECO2009/10, European University Institute. [Downloadable!]

  2. Stijn Claessens & Neeltje van Horen, 2008. "Location Decisions of Foreign Banks and Institutional Competitive Advantage," DNB Working Papers 172, Netherlands Central Bank, Research Department. [Downloadable!]

    Cited by:

    1. Cetorelli, Nicola & Goldberg, Linda S., 2008. "Banking globalization, monetary transmission and the lending channel," Discussion Paper Series 1: Economic Studies 2008,21, Deutsche Bundesbank, Research Centre. [Downloadable!]
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    2. Claessens, Stijn & van Horen, Neeltje, 2009. "Being a foreigner among domestic banks: Asset or liability?," MPRA Paper 13467, University Library of Munich, Germany. [Downloadable!]
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  3. Claessens, Stijn & Kose, Ayhan & Terrones, Marco E., 2008. "What Happens During Recessions, Crunches and Busts?," CEPR Discussion Papers 7085, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    Published as:

    Cited by:

    1. Don Harding & Adrian Pagan, 2009. "An Econometric Analysis of Some Models for Constructed Binary Time Series," NCER Working Paper Series 39, National Centre for Econometric Research, revised 02 Jul 2009. [Downloadable!]
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    2. Michael D. Bordo & Joseph G. Haubrich, 2009. "Credit Crises, Money and Contractions: an historical view," NBER Working Papers 15389, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    3. Peter A.G., 2009. "Some economic historic perspectives on the 2009 world trade collapse," Working Papers - General Series 476, Institute of Social Studies. [Downloadable!]
    4. Luisa Carpinelli, 2009. "Real effects of banking crises: a survey of the literature," Questioni di Economia e Finanza (Occasional Papers) 55, Bank of Italy, Economic Research Department. [Downloadable!]
    5. Argandoña, Antonio, 2009. "Can corporate social responsibility help us understand the credit crisis?," IESE Research Papers D/790, IESE Business School. [Downloadable!]
    6. Hong, Kiseok & Lee, Jong-Wha & Tang, Hsiao Chink, 2009. "Crises in Asia: Historical Perspectives and Implications," ADB Economics Working Paper Series 152, Asian Development Bank. [Downloadable!]
    7. Hui Tong & Shang-Jin Wei, 2009. "The Composition Matters: Capital Inflows and Liquidity Crunch during a Global Economic Crisis," NBER Working Papers 15207, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    8. Stephen G. Cecchetti & Marion Kohler & Christian Upper, 2009. "Financial Crises and Economic Activity," NBER Working Papers 15379, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    9. Selim Elekdag & Roberto Cardarelli & Subir Lall, 2009. "Financial Stress, Downturns, and Recoveries," IMF Working Papers 09/100, International Monetary Fund. [Downloadable!]
    10. Carlo Gola & Francesco Spadafora, 2009. "Financial Sector Surveillance and the IMF," IMF Working Papers 09/247, International Monetary Fund. [Downloadable!]
    11. Frappa, S. & Mésonnier, J-S., 2009. "The housing price boom of the late ’90s: did inflation targeting matter?," Documents de Travail 255, Banque de France. [Downloadable!]
    12. Michael Biggs & Thomas Mayer & Andreas Pick, 2009. "Credit and economic recovery," DNB Working Papers 218, Netherlands Central Bank, Research Department. [Downloadable!]

  4. Claessens, Stijn & Feijen, Erik & Laeven, Luc, 2007. "Political Connections and Preferential Access to Finance: The Role of Campaign Contributions," CEPR Discussion Papers 6045, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Published as:

    Cited by:

    1. Thierry Tressel & Prachi Mishra & Deniz Igan, 2009. "A Fistful of Dollars: Lobbying and the Financial Crisis," IMF Working Papers 09/287, International Monetary Fund. [Downloadable!]
    2. Francis , Bill B & Hasan, Iftekhar & Sun, Xian, 2009. "Political connections and the process of going public: evidence from China," Research Discussion Papers 7/2009, Bank of Finland. [Downloadable!]
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    3. Federico Cingano & Paolo Pinotti, 2009. "Politicians at work. The private returns and social costs of political connections," Temi di discussione (Economic working papers) 709, Bank of Italy, Economic Research Department. [Downloadable!]
    4. Zwart, G.J. de & Dijk, D.J.C. van, 2008. "The Inefficient Use of Macroeconomic Information in Analysts' Earnings Forecasts in Emerging Markets," Research Paper ERS-2008-007-F&A Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]

  5. Claessens, Stijn & Schmukler, Sergio L., 2007. "International financial integration through equity markets : which firms from which countries go global ?," Policy Research Working Paper Series 4146, The World Bank. [Downloadable!]
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    Published as:

    Cited by:

    1. Shah, Ajay & Patnaik, Ila, 2008. "Managing capital flows: The case of India," Working Papers 08/52, National Institute of Public Finance and Policy. [Downloadable!]
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    2. Juan Carlos Gozzi & Ross Levine & Sergio L. Schmukler, 2009. "Patterns of International Capital Raisings," NBER Working Papers 14961, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    3. Cécile Carpentier & Jean-François L'Her & Jean-Marc Suret, 2009. "Long-run Performance Following Cross-Listing: A Re-examination," CIRANO Working Papers 2007s-25, CIRANO. [Downloadable!]

  6. Claessens, Stijn & Van Horen, Neeltje, 2007. "Location decisions of foreign banks and competitive advantage," Policy Research Working Paper Series 4113, The World Bank. [Downloadable!]

    Cited by:

    1. Ricardo Correa, 2008. "Cross-border bank acquisitions: Is there a performance effect?," International Finance Discussion Papers 922, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    2. Claudia M. Buch & Gayle L. DeLong, 2008. "Banking Globalization: International Consolidation and Mergers in Banking," IAW Discussion Papers 38, Institut für Angewandte Wirtschaftsforschung (IAW). [Downloadable!]
    3. Ricardo Correa, 2009. "Cross-Border Bank Acquisitions: Is there a Performance Effect?," Journal of Financial Services Research, Springer, vol. 36(2), pages 169-197, December. [Downloadable!] (restricted)
    4. Cull, Robert & Martinez Peria, Maria Soledad, 2007. "Foreign bank participation and crises in developing countries," Policy Research Working Paper Series 4128, The World Bank. [Downloadable!]

  7. Bruno, Valentina & Claessens, Stijn, 2007. "Corporate Governance and Regulation: Can There Be Too Much of a Good Thing?," CEPR Discussion Papers 6108, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:

    Cited by:

    1. Giofré, Maela/M., 2009. "Investor protection and foreign stakeholders," MPRA Paper 20238, University Library of Munich, Germany, revised Jan 2010. [Downloadable!]
    2. Petya Koeva Brooks & Iryna V. Ivaschenko, 2008. "Corporate Governance Reforms in the EU: Do They Matter and How?," IMF Working Papers 08/91, International Monetary Fund. [Downloadable!]
    3. Durnev, Art & Fauver, Larry, 2008. "Stealing from Thieves: Firm Governance and Performance when States are Predatory," CEI Working Paper Series 2008-12, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    4. Boutchkov, Maria & Doshi, Hitesh & Durnev, Art & Molchanov, Alexander, 2008. "Politics and Volatility," CEI Working Paper Series 2008-10, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    5. Chhaochharia, Vidhi & Laeven, Luc, 2007. "The Invisible Hand in Corporate Governance," CEPR Discussion Papers 6256, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    6. Aggarwal, Reena & Erel, Isil & Stulz, Rene M. & Williamson, Rohan, 2007. "Differences in Governance Practices between U.S. and Foreign Firms: Measurement, Causes, and Consequences," Working Paper Series 2007-14, Ohio State University, Charles A. Dice Center for Research in Financial Economics. [Downloadable!]
    7. Muravyev, Alexander, 2009. "Investor protection and share prices: Evidence from statutory rules governing variations of shareholders’ class rights in Russia," MPRA Paper 13678, University Library of Munich, Germany. [Downloadable!]
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    8. Reena Aggarwal & Isil Erel & René Stulz & Rohan Williamson, 2007. "Differences in Governance Practices between U.S. and Foreign Firms: Measurement, Causes, and Consequences," NBER Working Papers 13288, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

  8. Cassimon, Danny & Claessens, Stijn & Campenhout, Bjorn van, 2007. "Empirical Evidence on the New International Aid Architecture," Proceedings of the German Development Economics Conference, Göttingen 2007 2, Verein für Socialpolitik, Research Committee Development Economics. [Downloadable!]
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    Cited by:

    1. Thorsten Drautzburg & Inna Melnykovska & Rainer Schweickert, 2008. "Which Membership Matters? External vs. Internal Determinants of Institutional Change in Transition Countries," Kiel Working Papers 1421, Kiel Institute for the World Economy. [Downloadable!]
    2. Belke, Ansgar & Bordon, Ingo & Melnykovska, Inna & Schweickert, Rainer, 2009. "Prospective NATO or EU Membership and Institutional Change in Transition Countries," IZA Discussion Papers 4483, Institute for the Study of Labor (IZA). [Downloadable!]
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    3. Ezequiel Cabezon & Tej Prakash, 2008. "Public Financial Management and Fiscal Outcomes in sub-Saharan African Heavily-Indebted Poor Countries," IMF Working Papers 08/217, International Monetary Fund. [Downloadable!]
    4. Ansgar Belke & Ingo Bordon & Inna Melnykovska & Rainer Schweickert, 2009. "Prospective Membership and Institutional Change in Transition Countries," Kiel Working Papers 1562, Kiel Institute for the World Economy. [Downloadable!]

  9. Claessens, Stijn, 2006. "Competitive implications of cross-border banking," Policy Research Working Paper Series 3854, The World Bank. [Downloadable!]

    Cited by:

    1. Stela Ciobu & Ivan Luchian & Alina Birladeanu, 2008. "Banking Innovations Risk – Profitability Relationship In The Banking System Of The Republic Of Moldova," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 41(4), pages 118-122. [Downloadable!]
    2. Juan Carlos Gozzi & Ross Levine & Sergio L. Schmukler, 2009. "Patterns of International Capital Raisings," NBER Working Papers 14961, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    3. Hella Engerer, 2006. "Vom Dreisäulensystem zum Baustein des europäischen Hauses: Wandel von Eigentum und Wettbewerb im deutschen Bankensektor," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 75(4), pages 11-32. [Downloadable!] (restricted)
    4. Beck, Thorsten, 2008. "Bank competition and financial stability : friends or foes ?," Policy Research Working Paper Series 4656, The World Bank. [Downloadable!]

  10. Claessens, Stijn & Feijen, Erik, 2006. "Finance and hunger : empirical evidence of the agricultural productivity channel," Policy Research Working Paper Series 4080, The World Bank. [Downloadable!]

    Cited by:

    1. Katsushi Imai & Raghav Gaiha & Ganesh Thapa, 2008. "Finance, growth, inequality and hunger in Asia: Evidence from country panel data in 1960-2006," The School of Economics Discussion Paper Series 0813, Economics, The University of Manchester. [Downloadable!]
    2. Katsushi Imai & Raghav Gaiha & Ganesh Thapa, 2009. "Has Poverty Reduction Slowed Down in the Developing World? Evidence Based on New Poverty Estimates," The School of Economics Discussion Paper Series 0902, Economics, The University of Manchester. [Downloadable!]
    3. Katsushi Imai & Raghav Gaiha & Ganesh Thapa, 2008. "Financial crisis in Asia and the Pacific Region: Its genesis, severity and impact on poverty and hunger," The School of Economics Discussion Paper Series 0810, Economics, The University of Manchester. [Downloadable!]

  11. Claessens, Stijn, 2005. "Access to financial services: a review of the issues and public policy objectives," Policy Research Working Paper Series 3589, The World Bank. [Downloadable!]
    Published as:

    Cited by:

    1. Demirguc-Kunt, Asli, 2006. "Finance and economic development : policy choices for developing countries," Policy Research Working Paper Series 3955, The World Bank. [Downloadable!]
    2. Alexander Conrad & Doris Neuberger & Maria Schneider-Reißig, 2008. "Geographic and Demographic Bank Outreach: Evidence from Germany’s Three-Pillar Banking System," Thuenen-Series of Applied Economic Theory 98, University of Rostock, Institute of Economics, Germany. [Downloadable!]
    3. Gabriel Cuadra & Juan M. Sanchez & Horacio Sapriza, 2009. "Fiscal policy and default risk in emerging markets," Working Paper 09-01, Federal Reserve Bank of Richmond. [Downloadable!]
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    4. Honohan, Patrick, 2006. "Household financial assets in the process of development," Policy Research Working Paper Series 3965, The World Bank. [Downloadable!]
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    5. James B. Ang, 2008. "Finance And Inequality: The Case Of India," CAMA Working Papers 2008-18, Australian National University, Centre for Applied Macroeconomic Analysis. [Downloadable!]
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    6. Beck, Thorsten & de la Torre, Augusto, 2006. "The basic analytics of access to financial services," Policy Research Working Paper Series 4026, The World Bank. [Downloadable!]
    7. Toxopeus, Helen S. & Lensink, Robert, 2007. "Remittances and Financial Inclusion in Development," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
    8. Beck, Thorsten & Demirguc-Kunt, Asli & Martinez Peria, Maria Soledad, 2005. "Reaching out : access to and use of banking services across countries," Policy Research Working Paper Series 3754, The World Bank. [Downloadable!]
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  12. Claessens, Stijn & Laeven, Luc, 2005. "Financial dependence, banking sector competition, and economic growth," Policy Research Working Paper Series 3481, The World Bank. [Downloadable!]
    Published as:

    Cited by:

    1. Paola Dongili & Angelo Zago, 2005. "Bad loans and efficiency in Italian Banks," Working Papers 28, Università di Verona, Dipartimento di Scienze economiche. [Downloadable!]
    2. Stijn Claessens, 2009. "Competition in the Financial Sector: Overview of Competition Policies," IMF Working Papers 09/45, International Monetary Fund. [Downloadable!]
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    3. Maudos, Joaquin & Fernandez de Guevara, Juan, 2006. "Banking competition, financial dependence and economic growth," MPRA Paper 15254, University Library of Munich, Germany, revised 2006. [Downloadable!]
    4. Claessens, Stijn, 2006. "Competitive implications of cross-border banking," Policy Research Working Paper Series 3854, The World Bank. [Downloadable!]
    5. Christian Saborowski, 2009. "Capital Inflows and the Real Exchange Rate: Can Financial Development Cure the Dutch Disease?," IMF Working Papers 09/20, International Monetary Fund. [Downloadable!]
    6. Sophocles N. Brissimis & Manthos D. Delis, 2009. "Bank-Level Estimates of Market Power," Working Papers 93, Bank of Greece. [Downloadable!]
    7. Luigi Benfratello & Fabio Schiantarelli & Alessandro Sembenelli, 2006. "Banks and Innovation: Microeconometric Evidence on Italian Firms," IZA Discussion Papers 2032, Institute for the Study of Labor (IZA). [Downloadable!]
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    8. Amparo Nagore & Joaquín Maudos Villarroya, 2005. "Explaining Market Power Differences In Banking: A Cross-Country Study," Working Papers. Serie EC 2005-10, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
    9. Gurnain Kaur Pasricha, 2009. "Bank Competition and International Financial Integration:Evidence Using a New Index," Working Papers 242009, Hong Kong Institute for Monetary Research. [Downloadable!]
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    10. Gianni De Nicoló & John H. Boyd & Abu M. Jalal, 2009. "Bank Competition, Risk and Asset Allocations," IMF Working Papers 09/143, International Monetary Fund. [Downloadable!]
    11. Kris James Mitchener & David C. Wheelock, 2010. "Does the structure of banking markets affect economic growth? evidence from U.S. state banking markets," Working Papers 2010-004, Federal Reserve Bank of St. Louis. [Downloadable!]
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    12. Fernandez de Guevara, Juan & Maudos, Joaquin, 2009. "Regional Financial Development and Bank Competition: Effects on Firms' Growth," MPRA Paper 15256, University Library of Munich, Germany. [Downloadable!]
    13. Khemraj, Tarron, 2007. "The missing link: the finance-growth nexus and the Guyanese growth stagnation," MPRA Paper 16342, University Library of Munich, Germany. [Downloadable!]
    14. Stefano Schiavo, 2005. "Financial integration, GDP correlation and the endogeneity of optimum currency areas," Working Papers 25, Università di Verona, Dipartimento di Scienze economiche. [Downloadable!]
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    15. Gábor Pellényi & Tamás Borkó, 2009. "Bank Competition and Firm Growth in the Enlarged European Union," Working Paper / FINESS 5.1, DIW Berlin, German Institute for Economic Research. [Downloadable!]
    16. Juselius , Mikael & Kim, Moshe & Ringbom, Staffan, 2009. "Do markup dynamics reflect fundamentals or changes in conduct?," Research Discussion Papers 12/2009, Bank of Finland. [Downloadable!]

  13. Berglof, Erik & Claessens, Stijn, 2004. "Enforcement and Corporate Governance," Policy Research Working Paper Series 3409, The World Bank. [Downloadable!]

    Cited by:

    1. Sergey Stepanov, 2007. "Shareholder Access to Manager-Biased Courts and the Monitoring/Litigation Tradeoff," Working Papers w0106, Center for Economic and Financial Research (CEFIR). [Downloadable!]
    2. Bruno, Valentina G. & Claessens, Stijn, 2007. "Corporate governance and regulation : can there be too much of a good thing ?," Policy Research Working Paper Series 4140, The World Bank. [Downloadable!]
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    3. Olga Lazareva & Andrei Rachinsky & Sergey Stepanov, 2007. "A Survey of Corporate Governance in Russia," Working Papers w0103, Center for Economic and Financial Research (CEFIR). [Downloadable!]
    4. Claessens, Stijn, 2006. "Current challenges in financial regulation," Policy Research Working Paper Series 4103, The World Bank. [Downloadable!]
    5. Harabi, Najib, 2007. "State of Corporate Governance in Arab Countries: An Overview," MPRA Paper 4566, University Library of Munich, Germany. [Downloadable!]

  14. Claessens,Constantijn A. & Klingebiel, Daniela & Laeven, Luc, 2004. "Resolving systemic financial crisis : policies and institutions," Policy Research Working Paper Series 3377, The World Bank. [Downloadable!]

    Cited by:

    1. Dell''Ariccia, Giovanni & Detragiache, Enrica & Rajan, Raghuram G, 2005. "The Real Effect of Banking Crises," CEPR Discussion Papers 5088, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    2. Rafael Repullo, 2004. "Policies For Banking Crises: A Theoretical Framework," Working Papers wp2004_0418, CEMFI. [Downloadable!]
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    3. Takeo Hoshi & Anil K Kashyap, 2004. "Solutions to the Japanese Banking Crisis: What might work and what definitely will fail," Hi-Stat Discussion Paper Series d04-35, Institute of Economic Research, Hitotsubashi University. [Downloadable!]

  15. Claessens, Stijn & Laeven, Luc, 2003. "What drives bank competition? some international evidence," Policy Research Working Paper Series 3113, The World Bank. [Downloadable!]
    Published as:

    Cited by:

    1. Demirguc-Kunt, Asli, 2006. "Finance and economic development : policy choices for developing countries," Policy Research Working Paper Series 3955, The World Bank. [Downloadable!]
    2. Maudos, Joaquin & Fernandez de Guevara, Juan, 2006. "The cost of market power in banking: social welfare loss vs. inefficiency cost," MPRA Paper 15253, University Library of Munich, Germany. [Downloadable!]
    3. Beck, Thorsten & Buyukkarabacak, Berrak & Rioja, Felix & Valev, Neven, 2008. "Who gets the credit ? and does it matter ? household vs. firm lending across countries," Policy Research Working Paper Series 4661, The World Bank. [Downloadable!]
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    4. Beck, T.H.L. & Demirgüc-Kunt, A. & Martinez Peria, M., 2008. "Banking services for everyone? Barriers to bank access and use around the world," Open Access publications from Tilburg University urn:nbn:nl:ui:12-3159645, Tilburg University. [Downloadable!]
    5. Jacob Bikker & Laura Spierdijk & Paul Finnie, 2006. "Misspecifiation of the Panzar-Rosse Model: Assessing Competition in the Banking Industry," DNB Working Papers 114, Netherlands Central Bank, Research Department. [Downloadable!]
    6. Abdul Majid, Muhamed Zulkhibri & Sufian, Fadzlan, 2007. "Market Structure and Competition in Emerging Market: Evidence from Malaysian Islamic Banking Industry," MPRA Paper 12126, University Library of Munich, Germany, revised 01 Jul 2007. [Downloadable!]
    7. Biswa Swarup Misra, . "The Performance of Regional Rural Banks (RRBs) in India:Has Past Anything to Suggest for Future?," Journals, esocialsciences.com. [Downloadable!]
    8. Gianni De Nicoló & John H. Boyd & Abu M. Jalal, 2007. "Bank Risk-Taking and Competition Revisited: New Theory and New Evidence," IMF Working Papers 06/297, International Monetary Fund. [Downloadable!]
    9. Mark Carlson & Kris James Mitchener, 2007. "Branch Banking as a Device for Discipline: Competition and Bank Survivorship During the Great Depression," NBER Working Papers 12938, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    10. Martin Cihák & Klaus Schaeck & Simon Wolfe, 2006. "Are More Competitive Banking Systems More Stable?," IMF Working Papers 06/143, International Monetary Fund. [Downloadable!]
    11. Berger, Allen N. & Klapper, Leora F. & Martinez Peria, Maria Soledad & Zaidi, Rida, 2006. "Bank ownership type and banking relationships," Policy Research Working Paper Series 3862, The World Bank. [Downloadable!]
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    12. Stijn Claessens & Neeltje van Horen, 2009. "Being a Foreigner Among Domestic Banks: Asset or Liability?," IMF Working Papers 09/273, International Monetary Fund. [Downloadable!]
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    13. Beck, Thorsten & Demirguc-Kunt, Asli & Martinez Peria, Maria Soledad, 2006. "Banking services for everyone ? Barriers to bank access and use around the world," Policy Research Working Paper Series 4079, The World Bank. [Downloadable!]
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    14. Daley, Jenifer & Matthews, Kent, 2009. "Out of many, dominance by a few? Market power in the Jamaican banking sector," Cardiff Economics Working Papers E2009/28, Cardiff University, Cardiff Business School, Economics Section. [Downloadable!]
    15. Maudos, Joaquin & Fernandez de Guevara, Juan, 2006. "Banking competition, financial dependence and economic growth," MPRA Paper 15254, University Library of Munich, Germany, revised 2006. [Downloadable!]
    16. Claessens, Stijn, 2006. "Competitive implications of cross-border banking," Policy Research Working Paper Series 3854, The World Bank. [Downloadable!]
    17. M. Idrees Khawaja & Musleh-ud Din, 2006. "Banking: Interest Spread, Inelastic Deposit Supply, and Mergers," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 45(4), pages 1055-1070. [Downloadable!]
    18. Marc Pomp & M. Bijlsma & Machiel van Dijk & Michiel van Leuvensteijn & C. Zonderland, 2005. "Competition in markets for life insurance," CPB Documents 96, CPB Netherlands Bureau for Economic Policy Analysis. [Downloadable!]
    19. Beck, Thorsten, 2006. "Creating an efficient financial system : challenges in a global economy," Policy Research Working Paper Series 3856, The World Bank. [Downloadable!]
    20. Thorsten V. Koeppl & James MacGee, 2007. "Branching Out: The Urgent Need to Transform Canada’s Financial Landscape and How to Do It," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 251, June. [Downloadable!]
    21. Agoraki, Maria-Eleni & Delis, Manthos D & Pasiouras, Fotios, 2009. "Regulations, competition and bank risk-taking in transition countries," MPRA Paper 16495, University Library of Munich, Germany. [Downloadable!]
    22. Idrees Khawaja & Musleh-ud Din, 2007. "Determinants of Interest Spread in Pakistan," PIDE-Working Papers 2007:22, Pakistan Institute of Development Economics. [Downloadable!]
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    23. Géraldine Broye & Laurent Weill, 2008. "The Effects of Concentration on Competition and Efficiency : Some Evidence from the French Audit Market," Working Papers of LaRGE Research Center (Laboratoire de Recherche en Gestion et Economie) 2008-04, Laboratoire de Recherche en Gestion et Economie, Université de Strasbourg (France). [Downloadable!]
    24. Luis Gutiérrez de Rozas, 2007. "Testing for competition in the Spanish banking industry: The Panzar-Rosse approach revisited," Banco de España Working Papers 0726, Banco de España. [Downloadable!]
    25. Delis, Manthos D & Pagoulatos, George, 2009. "Bank competition, institutional strength and financial reforms in Central and Eastern Europe and the EU," MPRA Paper 16494, University Library of Munich, Germany. [Downloadable!]
    26. Asli Demirguc-Kunt & Luc Laeven & Ross Levine, 2003. "Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation," NBER Working Papers 9890, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    27. Chuling Chen, 2009. "Bank Efficiency in Sub-Saharan African Middle Income Countries," IMF Working Papers 09/14, International Monetary Fund. [Downloadable!]
    28. David Hauner & Shanaka J. Peiris, 2006. "Bank Efficiency and Competition in Low-Income Countries: The Case of Uganda," IMF Working Papers 05/240, International Monetary Fund. [Downloadable!]
    29. Jacob Bikker & Sherrill Shaffer & Laura Spierdijk, 2009. "Assessing Competition with the Panzar-Rosse Model: The Role of Scale, Costs, and Equilibrium," DNB Working Papers 225, Netherlands Central Bank, Research Department. [Downloadable!]
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    30. Michiel van Leuvensteijn & Jacob Bikker & Adrian van Rixtel & Christoffer Kok-Sorensen, 2007. "A new approach to measuring competition in the loan markets of the euro area," DNB Working Papers 143, Netherlands Central Bank, Research Department. [Downloadable!]
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    31. Raghuram G. Rajan, 2008. "Draft Report of the Committee on financial Sector Reforms," Working Papers id:1463, esocialsciences.com. [Downloadable!]
    32. Sophocles N. Brissimis & Manthos D. Delis, 2009. "Bank-Level Estimates of Market Power," Working Papers 93, Bank of Greece. [Downloadable!]
    33. Lili Xie, 2007. "Universal Banking, Conflicts of Interest and Firm Growth," Working Papers 200703, Ball State University, Department of Economics, revised Jul 2007. [Downloadable!]
    34. Delis, Manthos D, 2008. "Competitive conditions in the Central and Eastern European banking systems," MPRA Paper 13890, University Library of Munich, Germany. [Downloadable!]
    35. Degryse, H.A. & Ongena, S., 2006. "The Impact of Competition on Bank Orientation," Discussion Paper 2006-68, Tilburg University, Center for Economic Research. [Downloadable!]
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    36. Sophocles N. Brissimis & Manthos D. Delis & Nikolaos I. Papanikolaou, 2008. "Exploring the Nexus between Banking Sector Reform and Performance: Evidence from Newly Acceded EU Countries," Working Papers 73, Bank of Greece. [Downloadable!]
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    37. Jaap Bikker & Michiel van Leuvensteijn, 2005. "An Exploration into Competition and Efficiency in the Dutch Life Insurance Industry," DNB Working Papers 047, Netherlands Central Bank, Research Department. [Downloadable!]
    38. Liliana Solís & Joaquín Maudos Villarroya, 2007. "Deregulation, Liberalization And Consolidation Of The Mexican Banking System: Effects On Competition," Working Papers. Serie EC 2007-13, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
    39. Havrylchyk, Olena & Jurzyk, Emilia, 2006. "Profitability of foreign banks in Central and Eastern Europe: Does the entry mode matter?," BOFIT Discussion Papers 5/2006, Bank of Finland, Institute for Economies in Transition. [Downloadable!]
    40. Heiko Hesse & Thorsten Beck, 2006. "Bank Efficiency, Ownership and Market Structure," Economics Series Working Papers 277, University of Oxford, Department of Economics. [Downloadable!]
    41. Jacob A. Bikker & Laura Spierdijk, 2009. "Measuring and explaining competition in the financial sector," Working Papers 09-01, Utrecht School of Economics. [Downloadable!]
    42. Espino, Freddy & Carrera, César, 2006. "Concentración bancaria y margen de las tasas de interés en Perú," Revista Estudios Económicos, Banco Central de Reserva del Perú, issue 13. [Downloadable!]
    43. Amparo Nagore & Joaquín Maudos Villarroya, 2005. "Explaining Market Power Differences In Banking: A Cross-Country Study," Working Papers. Serie EC 2005-10, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
    44. Gurnain Kaur Pasricha, 2009. "Bank Competition and International Financial Integration:Evidence Using a New Index," Working Papers 242009, Hong Kong Institute for Monetary Research. [Downloadable!]
      Other versions:
    45. Claessens, Stijn & Laeven, Luc, 2005. "Financial dependence, banking sector competition, and economic growth," Policy Research Working Paper Series 3481, The World Bank. [Downloadable!]
      Other versions:
    46. Chopard, Bertrand & Langlais, Eric, 2009. "Défaut de paiement stratégique et loi sur les défaillances d'entreprises
      [Strategic default and bankruptcy law]      ," MPRA Paper 14366, University Library of Munich, Germany. [Downloadable!]
      Other versions:
    47. Gianni De Nicoló & John H. Boyd & Abu M. Jalal, 2009. "Bank Competition, Risk and Asset Allocations," IMF Working Papers 09/143, International Monetary Fund. [Downloadable!]
    48. Adolfo Barajas & Ralph Chami & Thomas F. Cosimano, 2005. "Did the Basel Accord cause a Credit Slowdown in Latin America?," IMF Working Papers 05/38, International Monetary Fund. [Downloadable!]
    49. Ramon Moreno & Agustin Villar, 2005. "The increased role of foreign bank entry in emerging markets," BIS Papers chapters, in: Bank for International Settlements (ed.), Globalisation and monetary policy in emerging markets, volume 23, pages 9-16 Bank for International Settlements. [Downloadable!]
    50. Andrea M. Maechler & Sandra Marcelino & Paulo Flavio Nacif Drummond, 2007. "Italy-Assessing Competition and Efficiency in the Banking System," IMF Working Papers 07/26, International Monetary Fund. [Downloadable!]
    51. Man K. Leung & Trevor Young & Michael K. Fung, 2008. "The entry and exit decisions of foreign banks in Hong Kong," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 29(6), pages 503-512. [Downloadable!]
    52. Kris James Mitchener & David C. Wheelock, 2010. "Does the structure of banking markets affect economic growth? evidence from U.S. state banking markets," Working Papers 2010-004, Federal Reserve Bank of St. Louis. [Downloadable!]
      Other versions:
    53. Panayiotis P. Athanasoglou & Sophocles N. Brissimis & Matthaios D. Delis, 2005. "Bank-Specific, Industry-Specific and Macroeconomic Determinants of Bank Profitability," Working Papers 25, Bank of Greece. [Downloadable!]
      Other versions:
    54. Chun-Yu Ho, 2007. "Deregulation, Competition and Consumer Welfare in Banking Market: Evidence from Hong Kong," Working Papers 242007, Hong Kong Institute for Monetary Research. [Downloadable!]
      Other versions:
    55. Beck, Thorsten & de la Torre, Augusto, 2006. "The basic analytics of access to financial services," Policy Research Working Paper Series 4026, The World Bank. [Downloadable!]
    56. Natasa Koutsomanoli & Christos Staikouras, 2004. "Competition and Concentration," Money Macro and Finance (MMF) Research Group Conference 2004 26, Money Macro and Finance Research Group. [Downloadable!]
    57. Jacob A. Bikker & Laura Spierdijk & Paul Finnie, 2007. "The Impact of Market Structure, Contestability and Institutional Environment on Banking Competition," Working Papers 07-29, Utrecht School of Economics. [Downloadable!]
    58. Beck, Thorsten & Soledad Martinez Peria, Maria, 2008. "Foreign bank acquisitions and outreach : evidence from Mexico," Policy Research Working Paper Series 4467, The World Bank. [Downloadable!]
    59. Jacob A. Bikker & Laura Spierdijk & Paul Finniez, 2007. "Stock market performance and pension fund investment policy: rebalancing, free float, or market timing?," DNB Working Papers 156, Netherlands Central Bank, Research Department. [Downloadable!]
      Other versions:
    60. Beck, Thorsten & Fuchs, Michael, 2004. "Structural issues in the Kenyan financial system: improving competition and access," Policy Research Working Paper Series 3363, The World Bank. [Downloadable!]
    61. Berger, Allen N. & Clarke, George R. G. & Cull, Robert & Klapper, Leora & Udell, Gregory F., 2005. "Corporate governance and bank performance : a joint analysis of the static, selection, and dynamic effects of domestic, foreign, and state ownership," Policy Research Working Paper Series 3632, The World Bank. [Downloadable!]
      Other versions:
    62. Hesse, Heiko, 2007. "Financial intermediation in the pre-consolidated banking sector in Nigeria," Policy Research Working Paper Series 4267, The World Bank. [Downloadable!]
    63. Lieven Baert & Rudi Vander Vennet, 2008. "Bank Market Structure and Firm Capital Structure," Working Paper / FINESS 2.1, DIW Berlin, German Institute for Economic Research. [Downloadable!]
    64. Muhamed Majid & Fadzlan Sufian, 2006. "Consolidation and Competition in Emerging Market: An Empirical Test for Malaysian Banking Industry," Economic Change and Restructuring, Springer, vol. 39(1), pages 105-124, June. [Downloadable!] (restricted)
    65. Berger, Allen N. & Klapper, Leora F. & Turk-Ariss, Rima, 2008. "Bank competition and financial stability," Policy Research Working Paper Series 4696, The World Bank. [Downloadable!]
      Other versions:
    66. Fernandez de Guevara, Juan & Maudos, Joaquin, 2009. "Regional Financial Development and Bank Competition: Effects on Firms' Growth," MPRA Paper 15256, University Library of Munich, Germany. [Downloadable!]
    67. Gaston R. Gelos, 2006. "Banking Spreads in Latin America," IMF Working Papers 06/44, International Monetary Fund. [Downloadable!]
      Other versions:
    68. Lili Xie, 2007. "Universal Banking, Conflicts of Interest and Firm Growth," Journal of Financial Services Research, Springer, vol. 32(3), pages 177-202, December. [Downloadable!] (restricted)
    69. Giannetti, C., 2009. "Relationship Lending and Firm Innovativeness," Discussion Paper 2009-08, Tilburg University, Center for Economic Research. [Downloadable!]
    70. Beck, Thorsten & Rahman, Md. Habibur, 2006. "Creating a more efficient financial system : challenges for Bangladesh," Policy Research Working Paper Series 3938, The World Bank. [Downloadable!]
    71. Gabriel Jiménez & Jose A. Lopez & Jesús Saurina, 2007. "How does competition impact bank risk-taking?," Working Paper Series 2007-23, Federal Reserve Bank of San Francisco. [Downloadable!]
    72. Carol Ann Northcott, 2004. "Competition in Banking: A Review of the Literature," Working Papers 04-24, Bank of Canada. [Downloadable!]
    73. Cull, Robert & Martinez Peria, Maria Soledad, 2007. "Foreign bank participation and crises in developing countries," Policy Research Working Paper Series 4128, The World Bank. [Downloadable!]
    74. Gábor Pellényi & Tamás Borkó, 2009. "Bank Competition and Firm Growth in the Enlarged European Union," Working Paper / FINESS 5.1, DIW Berlin, German Institute for Economic Research. [Downloadable!]
    75. Alejandro Micco & Ugo Panizza, 2005. "Bank Concentration and Credit Volatility," Working Papers Central Bank of Chile 342, Central Bank of Chile. [Downloadable!]
    76. Juselius , Mikael & Kim, Moshe & Ringbom, Staffan, 2009. "Do markup dynamics reflect fundamentals or changes in conduct?," Research Discussion Papers 12/2009, Bank of Finland. [Downloadable!]
    77. Beck , Thorsten & Demirguc-Kunt, Asli & Levine, Ross, 2009. "Financial institutions and markets across countries and over time - data and analysis," Policy Research Working Paper Series 4943, The World Bank. [Downloadable!]
    78. Olena Havrylchyk & Emilia Jurzyk, 2006. "Profitability of foreign and domestic banks in Central and Eastern Europe: does the mode of entry matter?," LICOS Discussion Papers 16606, LICOS - Centre for Institutions and Economic Performance, K.U.Leuven. [Downloadable!]
      Other versions:
    79. Beck, Thorsten & Peria, Maria Soledad Martinez, 2009. "What explains the cost of remittances ? an examination across 119 country corridors," Policy Research Working Paper Series 5072, The World Bank. [Downloadable!]
    80. Beck, Thorsten & Hesse, Heiko, 2006. "Bank efficiency, ownership, and market structure : why are interest spreads so high in Uganda ?," Policy Research Working Paper Series 4027, The World Bank. [Downloadable!]
    81. Beck, Thorsten, 2008. "Bank competition and financial stability : friends or foes ?," Policy Research Working Paper Series 4656, The World Bank. [Downloadable!]
    82. Andrea Gerali & Stefano Neri & Luca Sessa & Federico M. Signoretti, 2010. "Credit and banking in a DSGE model of the euro area," Temi di discussione (Economic working papers) 740, Bank of Italy, Economic Research Department. [Downloadable!]
    83. Johan Mathisen & Thierry D. Buchs, 2005. "Competition and Efficiency in Banking: Behavioral Evidence from Ghana," IMF Working Papers 05/17, International Monetary Fund. [Downloadable!]
    84. Ben R Craig & Valeriya Dinger, 2009. "Deposit market competition, costs of funding and bank risk," Working Paper 0905, Federal Reserve Bank of Cleveland. [Downloadable!]
    85. Wendell Samuel & Laura Valderrama, 2006. "The Monetary Policy Regime and Banking Spreads in Barbados," IMF Working Papers 06/211, International Monetary Fund. [Downloadable!]
    86. Artashes Karapetyan & Bogdan Stacescu, 2009. "Information sharing and information acquisition in credit markets," IEW - Working Papers iewwp454, Institute for Empirical Research in Economics - IEW. [Downloadable!]
    87. Al-Muharrami, Saeed & Matthews, Kent & Khabari, Yusuf, 2006. "Market Structure and Competitive Conditions in the Arab GCC Banking System," Cardiff Economics Working Papers E2006/8, Cardiff University, Cardiff Business School, Economics Section. [Downloadable!]
      Other versions:

  16. Claessens, Stijn & Klingebiel, Daniela & Schmukler, Sergio, 2003. "Government Bonds in Domestic and Foreign Currency: The Role of Macroeconomic and Institutional Factors," CEPR Discussion Papers 3789, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:

    Cited by:

    1. Eduardo Levy Yeyati, 2003. "Financial Dedollarization: A Carrot and Stick Approach," Business School Working Papers nueve, Universidad Torcuato Di Tella. [Downloadable!]
    2. Kevin Cowan & Eduardo Levy-Yeyati & Ugo Panizza & Federico Sturzenegger, 2006. "Sovereign Debt in the Americas: New Data and Stylized Facts," Working Papers Central Bank of Chile 371, Central Bank of Chile. [Downloadable!]
      Other versions:
    3. F. Gulcin Ozkan & Ahmet Kipici & Mustafa Ismihan, 2008. "The Banking Sector, Government Bonds and Financial Intermediation: The Case of Emerging Market Countries," Discussion Papers 08/11, Department of Economics, University of York. [Downloadable!]
    4. David Goldbaum, 2004. "Coordinated Investing with Feedback and Learning," Working Papers Rutgers University, Newark 2004-008, Department of Economics, Rutgers University, Newark. [Downloadable!]
      Other versions:
    5. Eduardo Levy Yeyati, 2005. "Financial Dollarisation: Evaluating The Consequences," Business School Working Papers findollarisation, Universidad Torcuato Di Tella. [Downloadable!]
      Other versions:
    6. Zsófia Ãrvai & Geoffrey Heenan, 2008. "A Framework for Developing Secondary Markets for Government Securities," IMF Working Papers 08/174, International Monetary Fund. [Downloadable!]
    7. Anastasia Guscina, 2008. "Impact of Macroeconomic, Political, and Institutional Factors on the Structure of Government Debt in Emerging Market Countries," IMF Working Papers 08/205, International Monetary Fund. [Downloadable!]
    8. Anastasia Guscina & Olivier Jeanne, 2006. "Government Debt in Emerging Market Countries: A New Data Set," IMF Working Papers 06/98, International Monetary Fund. [Downloadable!]
    9. Jeanne, Olivier, 2003. "Why Do Emerging Economies Borrow in Foreign Currency?," CEPR Discussion Papers 4030, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    10. Veronica Cacdac Warnock & Francis E. Warnock, 2007. "Markets and Housing Finance," NBER Working Papers 13081, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    11. John D. Burger & Francis E. Warnock, 2006. "Local Currency Bond Markets," NBER Working Papers 12552, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    12. Barry Eichengreen & Pipat Luengnaruemitchai, 2004. "Why Dones't Asia have the biger bond markets," Working Papers 242004, Hong Kong Institute for Monetary Research. [Downloadable!]
    13. John D. Burger & Francis E. Warnock, 2004. "Foreign participation in local-currency bond markets," International Finance Discussion Papers 794, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    14. Alain Ize & Eduardo Levy Yeyati, 2005. "Financial De-Dollarization: Is It for Real?," IMF Working Papers 05/187, International Monetary Fund. [Downloadable!]
      Other versions:
    15. Arturo Galindo & Leonardo Leiderman, 2005. "Living with Dollarization and the Route to Dedollarization," RES Working Papers 4397, Inter-American Development Bank, Research Department. [Downloadable!]
    16. de la Torre, Augusto & Schmukler & Sergio L., 2004. "Coping with risk through mismatches : domestic and international financial contracts for emerging economies," Policy Research Working Paper Series 3212, The World Bank. [Downloadable!]
      Other versions:
    17. Barry Eichengreen & Pipat Luengnaruemitchai, 2004. "Why Doesn't Asia Have Bigger Bond Markets?," NBER Working Papers 10576, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    18. Claudia M. Buch & John C. Driscoll & Charlotte Ostergaard, 2004. "Cross-border diversification in bank asset portfolios," Finance and Economics Discussion Series 2004-26, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
      Other versions:
    19. Eduardo Levy Yeyati, 2004. "Dollars, Debt and the IFIs: Dedollarizing Multilateral Lending," Business School Working Papers dedollmultlending, Universidad Torcuato Di Tella. [Downloadable!]
    20. Arturo Galindo & Leonardo Leiderman, 2005. "Vivir con la dolarización y el camino hacia la desdolarización," RES Working Papers 4398, Inter-American Development Bank, Research Department. [Downloadable!]
    21. Franz Hamann & Julián Pérez & Paulina Restrepo, . "Sobre los Efectos Macroeconómicos de la Composición de la Deuda Pública en Colombia," Borradores de Economia 332, Banco de la Republica de Colombia. [Downloadable!]
      Other versions:

  17. Nancy Birdsall & Stijn Claessens & Ishac Diwan, 2002. "Policy Selectivity Foregone: Debt and Donor Behavior in Africa," Working Papers 17, Center for Global Development. [Downloadable!]
    Published as:

    Cited by:

    1. Stijn Claessens & Danny Cassimon, 2007. "Empirical evidence on the new international aid architecture," WEF Working Papers 0026, ESRC World Economy and Finance Research Programme, Birkbeck, University of London. [Downloadable!]
      Other versions:
    2. Jeremy Bulow & Kenneth Rogoff, 2005. "Grants versus Loans for Development Banks," American Economic Review, American Economic Association, vol. 95(2), pages 393-397, May. [Downloadable!]
    3. Ralf Hepp, 2005. "Can Debt Relief Buy Growth?," International Finance 0510003, EconWPA. [Downloadable!]
      Other versions:
    4. Thomas Andersen & Henrik Hansen & Thomas Markussen, 2006. "US politics and World Bank IDA-lending," The Journal of Development Studies, Taylor and Francis Journals, vol. 42(5), pages 772-794, July. [Downloadable!] (restricted)
      Other versions:
    5. Patricia Alvarez-Plata & Tilman Brück, 2006. "External Debt in Post-Conflict Countries," Discussion Papers of DIW Berlin 613, DIW Berlin, German Institute for Economic Research. [Downloadable!]
      Other versions:
    6. Silvia Marchesi & Laura Sabani, 2007. "IMF concern for reputation and conditional lending failure: theory and empirics," Working Papers 114, University of Milano-Bicocca, Department of Economics, revised 2007. [Downloadable!]
      Other versions:
    7. Santiago Herrera & Gaobo Pang, 2006. "How Efficient is Public Spending in Education?," ENSAYOS SOBRE POLÍTICA ECONÓMICA, BANCO DE LA REPÚBLICA - ESPE. [Downloadable!]
    8. Haaparanta, Pertti & Virta, Heli, 2006. "Decomposing Growth: Do Low-Income and HIPCs Differ from High-Income Countries? Growth, Technological Catch-up, Technological Change and Human and Physical Capital Deepening," Working Papers RP2006/26, World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
    9. Alessandro Missale & Silvia Marchesi, 2004. "What does motivate lending and aid to the HIPCs?," International Finance 0411006, EconWPA. [Downloadable!]
      Other versions:
    10. Silvia Marchesi & Laura Sabani, 2005. "Prolonged Use and Conditionality Failure: Investigating the IMF Responsibility," Development Working Papers 202, Centro Studi Luca d\'Agliano, University of Milano. [Downloadable!]
    11. Denis Cogneau & David Naudet, 2005. "Who deserves aid? Equality of opportunity, international aid and poverty reduction," Ibero America Institute for Econ. Research (IAI) Discussion Papers 110, Ibero-America Institute for Economic Research. [Downloadable!]
      Other versions:
    12. Kraay, Aart & Nehru, Vikram, 2004. "When is external debt sustainable?," Policy Research Working Paper Series 3200, The World Bank. [Downloadable!]
      Other versions:
    13. Silvia Marchesi & Alessandro Missale, 2007. "How defensive were lending and aid to HIPC?," Working Papers 115, University of Milano-Bicocca, Department of Economics, revised 2007. [Downloadable!]
    14. McGillivray, Mark, 2006. "Aid Allocation and Fragile States," Working Papers DP2006/01, World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
    15. Green, Keith, 2005. "The fragile panacea of debt relief for developing countries," MPRA Paper 18098, University Library of Munich, Germany. [Downloadable!]
    16. Herrera, Santiago & Pang, Gaobo, 2005. "Efficiency of public spending in developing countries : an efficiency frontier approach," Policy Research Working Paper Series 3645, The World Bank. [Downloadable!]
    17. David Roodman, 2004. "An Index of Donor Performance," Development and Comp Systems 0412004, EconWPA. [Downloadable!]
      Other versions:
    18. Ralf Hepp, 2005. "Health Expenditures Under the HIPC Debt Initiative," International Finance 0510005, EconWPA. [Downloadable!]
    19. Catherine A. Pattillo & Hélène Poirson & Luca Antonio Ricci, 2004. "What Are the Channels Through Which External Debt Affects Growth?," IMF Working Papers 04/15, International Monetary Fund. [Downloadable!]
    20. Danny Cassimon & Bjorn Van Campenhout, 2007. "Aid Effectiveness, Debt Relief and Public Finance Response: Evidence from a Panel of HIPC Countries," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 143(4), pages 742-763, December. [Downloadable!] (restricted)
    21. Anwar, Mumtaz, 2006. "The Political Economy Of International Financial Institutions’ Lending To Pakistan," MPRA Paper 5601, University Library of Munich, Germany, revised 01 Dec 2006. [Downloadable!]
    22. Ralf Hepp, 2005. "Consequences of Debt Relief Initiatives in the 1990s," International Finance 0510004, EconWPA. [Downloadable!]

  18. Stijn Claessens & Daniela Klingebiel & Sergio L. Schmukler, 2002. "The Future of Stock Exchanges in Emerging Economies: Evolution and Prosepcts," Center for Financial Institutions Working Papers 02-03, Wharton School Center for Financial Institutions, University of Pennsylvania. [Downloadable!]

    Cited by:

    1. Doidge, Craig & Karolyi, G. Andrew & Lins, Karl V. & Millers, Darius P. & Stulz, Rene M., 2005. "Private Benefits of Control, Ownership, and the Cross-Listing Decision," Working Paper Series 2005-2, Ohio State University, Charles A. Dice Center for Research in Financial Economics. [Downloadable!]
    2. Claessens, Stijn & Klingebiel, Daniela & Schmukler, Sergio L., 2002. "Explaining the migration of stocks from exchanges in emerging economies to international centers," Policy Research Working Paper Series 2816, The World Bank. [Downloadable!]
      Other versions:
    3. Hali J. Edison & Francis E. Warnock, 2003. "Cross-board listings, capital controls, and equity flows to emerging markets," International Finance Discussion Papers 770, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    4. Tullio Jappelli & Marco Pagano, 2008. "Financial Market Integration Under EMU," CSEF Working Papers 197, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy. [Downloadable!]
      Other versions:
    5. Doidge, Craig & Karolyi, G. Andrew & Lins, Karl V. & Miller, Darius & Stulz, Rene M., 2005. "Private Benefits of Control, Ownership, and the Cross-Listing Decision," Working Papers 05-1, University of Pennsylvania, Wharton School, Weiss Center. [Downloadable!]
    6. Hali J. Edison & Francis E. Warnock, 2006. "Cross-border Listings, Capital Controls, and Equity Flows To Emerging Markets," NBER Working Papers 12589, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    7. Craig Doidge & G. Andrew Karolyi & Karl V. Lins & Darius P. Miller & Rene M. Stulz, 2005. "Private Benefits of Control, Ownership, and the Cross-Listing Decision," NBER Working Papers 11162, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

  19. Claessens, Stijn & Klapper, Leora F., 2002. "Bankruptcy around the world - explanations of its relative use," Policy Research Working Paper Series 2865, The World Bank. [Downloadable!]
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    Published as:

    Cited by:

    1. Pierre-Cyrille Hautcoeur & Nadine Levratto, 2007. "Legal versus economic explanations of the rise in bankruptcies in 19th century France," PSE Working Papers 2007-47, PSE (Ecole normale supérieure). [Downloadable!]
    2. Oscar Couwenberg & Abe Jong, 2008. "Costs and recovery rates in the Dutch liquidation-based bankruptcy system," European Journal of Law and Economics, Springer, vol. 26(2), pages 105-127, October. [Downloadable!] (restricted)
    3. Ariane Lambert-Mogiliansky & Konstantin Sonin & Ekaterina Zhuravskaya, 2006. "Are Russian commercial courts biased? Evidence from a natural bankruptcy experiment," PSE Working Papers 2006-30, PSE (Ecole normale supérieure). [Downloadable!]
      Other versions:
    4. Karel Janda, 2007. "Optimal Debt Contracts In Emerging Markets With Multiple Investors," Prague Economic Papers, University of Economics, Prague, vol. 2007(2), pages 115-129. [Downloadable!] (restricted)
    5. Ariane Lambert-Mogiliansky & Konstantin Sonin & Ekaterina Zhuravskaya, 2007. "Are Russian Commercial Courts Biased? Evidence from a Bankruptcy Law Transplant," Working Papers w0099, Center for Economic and Financial Research (CEFIR). [Downloadable!]
      Other versions:
    6. Hainz, Christa, 2007. "Creditor Passivity: The Effects of Bank Competition and Institutions on the Strategic Use of Bankruptcy Filings," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
      Other versions:
    7. Gary Cook & Keith Pond, 2006. "Explaining the choice between alternative insolvency regimes for troubled companies in the UK and Sweden," European Journal of Law and Economics, Springer, vol. 22(1), pages 21-47, July. [Downloadable!] (restricted)
    8. Perotti, Enrico C & von Thadden, Ernst-Ludwig, 2003. "The Political Economy of Bank and Equity Dominance," CEPR Discussion Papers 3914, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    9. Acharya, Viral V & Amihud, Yakov & Litov, Lubomir P., 2008. "Creditor Rights and Corporate Risk-taking," CEPR Discussion Papers 6697, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    10. Jong, A. de & Kabir, R. & Nguyen, T.T., 2007. "Capital Structure around the World: The Roles of Firm- and Country-Specific Determinants," Research Paper ERS-2007-058-F&A Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]
    11. Stijn Claessens & Leora Klapper, 2006. "Insolvency laws around the world - a statistical analysis and rules for their design," CESifo DICE Report, Ifo Institute for Economic Research at the University of Munich, vol. 4(1), pages 9-15, 04. [Downloadable!]
    12. Demirguc-Kunt, Asli & Love, Inessa & Maksimovic, Vojislav, 2004. "Business Environment and the Incorporation Decision," Policy Research Working Paper Series 3317, The World Bank. [Downloadable!]
      Other versions:
    13. Christa Hainz, 2005. "Quality of Institutions, Credit Markets and Bankruptcy," William Davidson Institute Working Papers Series wp745, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
      Other versions:
    14. Basak Akbel & Monika Schnitzer, 2009. "Creditor Rights and Debt Allocation within Multinationals," Discussion Papers 304, SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich. [Downloadable!]
    15. Hanazaki, Masaharu & Horiuchi, Akiyoshi, 2003. "Have Banks Contributed to Efficient Management in Japan's Manufacturing?," CEI Working Paper Series 2003-22, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    16. Dallago, Bruno, 2003. "Comparative Economic Systems and the New Comparative Economics: Foes, Competitors, or Complementary?," CEI Working Paper Series 2003-24, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    17. Bertola, Giuseppe & Koeniger, Winfried, 2004. "Consumption Smoothing and the Structure of Labor and Credit Markets," IZA Discussion Papers 1052, Institute for the Study of Labor (IZA). [Downloadable!]
      Other versions:
    18. Beck, Thorsten & Laeven, Luc, 2006. "Resolution of failed banks by deposit insurers : cross-country evidence," Policy Research Working Paper Series 3920, The World Bank. [Downloadable!]
    19. Loayza, Norman V. & Oviedo, Ana Maria & Serven, Luis, 2005. "Regulation and macroeconomic performance," Policy Research Working Paper Series 3469, The World Bank. [Downloadable!]
    20. Simeon Djankov & Oliver Hart & Caralee McLiesh & Andrei Shleifer, 2006. "Debt Enforcement Around the World," NBER Working Papers 12807, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    21. Ahn, Sanghoon, 2003. "Technology Upgrading with Learning Cost," CEI Working Paper Series 2003-21, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    22. John Armour & Simon Deakin & Prabirjit Sarkar & Mathias Siems & Ajit Singh, 2008. "Shareholder Protection and Stock Market Development: An Empirical Test of the Legal Origins Hypothesis," WEF Working Papers 0041, ESRC World Economy and Finance Research Programme, Birkbeck, University of London. [Downloadable!]
      Other versions:
    23. Marianna Succurro, 2008. "Bankruptcy Systems And Economic Performance Across Contries: Some Empirical Evidence," Working Papers 200801, Università della Calabria, Dipartimento di Economia e Statistica. [Downloadable!]
    24. Gesner de Oliveira, 2004. "Regulação Pró-Concorrencial e o Novo Ciclo de Abertura Comercial no Brasil," Textos para discussão 132, Escola de Economia de São Paulo, Getulio Vargas Foundation (Brazil). [Downloadable!]
    25. Karel Janda, 2004. "Bankruptcy Procedures with Ex Post Moral Hazard," Working Papers IES 61, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised 2004. [Downloadable!]
    26. Claessens, Stijn & Djankov, Simeon & Klapper, Leora, 1999. "Resolution of corporate distress - evidence from East Asia's financial crisis," Policy Research Working Paper Series 2133, The World Bank. [Downloadable!]
    27. Loayza, Norman V. & Oviedo, Ana Maria & Serven, Luis, 2005. "The impact of regulation on growth and informality - cross-country evidence," Policy Research Working Paper Series 3623, The World Bank. [Downloadable!]
    28. Kenneth Ayotte & Hayong Yun, . "Matching Bankruptcy Laws to Legal Environments," American Law & Economics Association Annual Meetings 1018, American Law & Economics Association. [Downloadable!]
    29. Acharya, Viral V & John, Kose & Sundaram, Rangarajan K, 2005. "Cross-Country Variations in Capital Structures: The Role of Bankruptcy Codes," CEPR Discussion Papers 4916, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    30. Enrico Perotti & Ernst Ludwig von Thadden, 2004. "The Political Economy of Bank- and Market Dominance," Tinbergen Institute Discussion Papers 04-012/2, Tinbergen Institute. [Downloadable!]
      Other versions:
    31. Seung-Hyun Lee & Yasuhiro Yamakawa & Mike W. Peng, 2008. "Entrepreneurship and the Barrier to Exit: How Does an Entrepreneur-Friendly Bankruptcy Law Affect Entrepreneurship Development at a Societal Level?," The Office of Advocacy Small Business Working Papers 08slyymp, U.S. Small Business Administration, Office of Advocacy. [Downloadable!]
    32. Gennaioli, Nicola & Rossi, Stefano, 2008. "Judicial Discretion in Corporate Bankruptcy," CEI Working Paper Series 2008-5, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    33. Karel Janda, 2006. "Optimal Deterministic Debt Contracts," Working Papers IES 2006/25, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Oct 2006. [Downloadable!]
    34. Nico Dewaelheyns & Cynthia Hulle, 2008. "Legal reform and aggregate small and micro business bankruptcy rates: evidence from the 1997 Belgian bankruptcy code," Small Business Economics, Springer, vol. 31(4), pages 409-424, December. [Downloadable!] (restricted)
    35. Gennaioli, Nicola & Rossi, Stefano, 2008. "Optimal Resolutions of Financial Distress by Contract," CEI Working Paper Series 2008-6, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    36. Enrico C. Perotti & Ernst-Ludwig von Thadden, 2004. "The Political Economy of Dominant Investors," Tinbergen Institute Discussion Papers 04-091/2, Tinbergen Institute. [Downloadable!]
    37. Ana Carla Abrão Costa, 2004. "Sistemas Legais De Insolvência, Incentivos E Mercado De Crédito: Uma Abordagem Institucional," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32th Brazilian Economics Meeting] 097, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics]. [Downloadable!]

  20. Claessens, Stijn & Klingebiel, Daniela & Schmukler, Sergio, 2002. "Explaining the Migration of Stocks from Exchanges in Emerging Economies to International Centres," CEPR Discussion Papers 3301, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:

    Cited by:

    1. Claessens, Stijn & Klingebiel, Daniela & Schmukler, Sergio, 2003. "Government bonds in domestic and foreign currency: the role of macroeconomic and institutional factors," Policy Research Working Paper Series 2986, The World Bank. [Downloadable!]
      Other versions:
    2. Luigi Guiso & Tullio Jappelli & Mario Padula & Marco Pagano, 2004. "Financial Market Integration and Economic Growth in the EU," CSEF Working Papers 118, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy. [Downloadable!]
      Other versions:
    3. Tullio Jappelli & Marco Pagano, 2008. "Financial Market Integration Under EMU," CSEF Working Papers 197, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy. [Downloadable!]
      Other versions:
    4. Ben Slimane, FATEN, 2007. "L'Evolution des Marchés Boursiers Européens: Enjeux et limites
      [European Stock Market Evolution]      ," MPRA Paper 2607, University Library of Munich, Germany. [Downloadable!]
    5. Schröder, Michael & Köke, Jens, 2002. "The Prospects of Capital Markets in Central and Eastern Europe," ZEW Discussion Papers 02-57, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
    6. Aggarwal, Reena & Dahiya, Sandeep & Klapper, Leora, 2005. "American Depositary Receipts (ADR) holdings of U.S. based emerging market funds," Policy Research Working Paper Series 3538, The World Bank. [Downloadable!]
    7. Hanson, James A., 2003. "Banking in developing countries in the 1990s," Policy Research Working Paper Series 3168, The World Bank. [Downloadable!]
    8. Gianni De Nicoló & Philip F. Bartholomew & Jahanara Zaman & M. G. Zephirin, 2003. "Bank Consolidation, Internationalization and Conglomeration: Trends and Implications for Financial Risk," IMF Working Papers 03/158, International Monetary Fund. [Downloadable!]
    9. Menzie D. Chinn & Hiro Ito, 2005. "What Matters for Financial Development? Capital Controls, Institutions, and Interactions," NBER Working Papers 11370, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    10. Claessens, Stijn & Underhill, Geoffrey R D, 2005. "The Need for Institutional Changes in the Global Financial System: An Analytical Framework," CEPR Discussion Papers 4970, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    11. Bharat N. Anand & Alexander Galetovic, 2002. "Investment Banking and Security Market Development: Does Finance Follow Industry?," Documentos de Trabajo 121, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    12. Halling, Michael & Pagano, Marco & Randl, Otto & Zechner, Josef, 2005. "Where is the Market? Evidence from Cross-Listings," CEPR Discussion Papers 4987, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    13. O. Janet Adelegan, 2008. "Can Regional Cross-listings Accelerate Stock Market Development? Empirical Evidence from Sub-Saharan Africa," IMF Working Papers 08/281, International Monetary Fund. [Downloadable!]
    14. Neringa Jarmalaite Pritchard, 2002. "The Relationship between Accounting Numbers and Returns in the Baltic Stock Markets," CERT Discussion Papers 0206, Centre for Economic Reform and Transformation, Heriot Watt University. [Downloadable!]

  21. Claessens, Stijn & Fan, Joseph P.H. & Lang, Larry, 2002. "The Benefits and Costs of Group Affiliation: Evidence from East Asia," CEPR Discussion Papers 3364, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
    Published as:

    Cited by:

    1. Berhanu Abegaz, 2005. "The Diversified Business Group as an Innovative Organizational Model for Large State-Enterprise Reform in China and Vietnam," Working Papers 13, Department of Economics, College of William and Mary. [Downloadable!]
    2. Fan, Joseph P.H. & Wong, T.J. & Zhang, Tianyu, 2006. "The Emergence of Corporate Pyramids in China," CEI Working Paper Series 2005-16, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    3. Khanna, Tarun & Yafeh, Yishay, 2002. "Business Groups and Risk Sharing around the World," CEI Working Paper Series 2002-8, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    4. Bing Ren & Kevin Au & Thomas Birtch, 2009. "China’s business network structure during institutional transitions," Asia Pacific Journal of Management, Springer, vol. 26(2), pages 219-240, June. [Downloadable!] (restricted)
    5. Beuselinck, C.A.C. & Deloof, M., 2006. "Business Groups, Taxes and Accruals Management," Discussion Paper 2006-46, Tilburg University, Center for Economic Research. [Downloadable!]
      Other versions:
    6. Raja Kali & Jayati Sarkar, 2005. "Diversification, propping and monitoring: Business groups, firm performance and the Indian economic transition," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2005-006, Indira Gandhi Institute of Development Research, Mumbai, India. [Downloadable!]
    7. George, R. & Kabir, M.R. & Douma, S.W., 2004. "Business Groups and Profit Redistribution: A Boon or Bane for Firms," Discussion Paper 2004-124, Tilburg University, Center for Economic Research. [Downloadable!]

  22. Birdsall, Nancy & Claessens, Stijn & Diwan, Ishac, 2002. "Will HIPC Matter? The Debt Game and Donor Behaviour in Africa," CEPR Discussion Papers 3297, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:

    Cited by:

    1. Michaelowa, Katharina, 2002. "The Political Economy of the Enhanced HIPC-Initiative," Discussion Paper Series 26208, Hamburg Institute of International Economics. [Downloadable!]
    2. Ratha, Dilip, 2001. "Complementarity between multilateral lending and private flows to developing countries : some empirical results," Policy Research Working Paper Series 2746, The World Bank. [Downloadable!]
    3. Matteo Bobba & Andrew Powell, 2006. "Multilateral Intermediation of Foreign Aid: What is the Trade-Off for Donor Countries?," RES Working Papers 4500, Inter-American Development Bank, Research Department. [Downloadable!]
    4. Matteo Bobba & Andrew Powell, 2006. "Mediación multilateral de la ayuda extranjera," RES Working Papers 4501, Inter-American Development Bank, Research Department. [Downloadable!]
    5. Ratha, Dilip, 2001. "Demand for World Bank lending," Policy Research Working Paper Series 2652, The World Bank. [Downloadable!]
      Other versions:
    6. Casamatta, Georges & Vellutini, Charles, 2006. "Clientelism and Aid," CEPR Discussion Papers 5441, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    7. Ralf Hepp, 2005. "Consequences of Debt Relief Initiatives in the 1990s," International Finance 0510004, EconWPA. [Downloadable!]

  23. Claessens, Stijn & Laeven, Luc, 2002. "Financial Development, Property Rights and Growth," CEPR Discussion Papers 3295, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
    Published as:

    Cited by:

    1. Badi H. Baltagi & Panicos O. Demetriades & Siong Hook Law, 2007. "Financial Development, Openness and Institutions: Evidence from Panel Data," Discussion Papers in Economics 07/05, Department of Economics, University of Leicester. [Downloadable!]
      Other versions:
    2. Eduardo Levy Yeyati & Alejandro Micco & Ugo Panizza, 2004. "Should the Government Be in the Banking Business? The Role of State-Owned and Development Banks," RES Working Papers 4379, Inter-American Development Bank, Research Department. [Downloadable!]
    3. Sundaram-Stukel, Reka & Deininger, Klaus & Jin, Songqing, 2006. "Fostering growth of the rural non-farm sector in Africa: The Case of Tanzania," 2006 Annual meeting, July 23-26, Long Beach, CA 21165, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
    4. Kalina Manova, 2008. "Credit Constraints, Heterogeneous Firms, and International Trade," NBER Working Papers 14531, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    5. Haltiwanger, John & Scarpetta, Stefano & Schweiger, Helena, 2006. "Assessing job flows across countries : the role of industry, firm size, and regulations," Policy Research Working Paper Series 4070, The World Bank. [Downloadable!]
      Other versions:
    6. Nandini Gupta & Kathy Yuan, 2003. "Financial Dependence, Stock Market Liberalizations, and Growth," William Davidson Institute Working Papers Series 2003-562, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
    7. Almeida, Heitor & Campello, Murillo & Weisbach, Michael S., 2008. "Corporate Financial and Investment Policies When Future Financing Is Not Frictionless," Working Paper Series 2008-16, Ohio State University, Charles A. Dice Center for Research in Financial Economics. [Downloadable!]
      Other versions:
    8. Heckelman, Jac & Knack, Stephen, 2005. "Foreign aid and market-liberalizing reform," Policy Research Working Paper Series 3557, The World Bank. [Downloadable!]
      Other versions:
    9. Michael Graff, 2008. "Legal origin and financial development: new evidence for old claims? The creditor rights index revisited," KOF Working papers 08-197, KOF Swiss Economic Institute, ETH Zurich. [Downloadable!]
    10. Gozzi, Juan Carlos & Levine, Ross & Schmukler, Sergio L., 2006. "Internationalization and the evolution of corporate valuation," Policy Research Working Paper Series 3933, The World Bank. [Downloadable!]
      Other versions:
    11. Ross Levine, 2005. "Law, Endowments, and Property Rights," NBER Working Papers 11502, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    12. Emilia Bonaccorsi di Patti, 2009. "Weak institutions and credit availability: the impact of crime on bank loans," Questioni di Economia e Finanza (Occasional Papers) 52, Bank of Italy, Economic Research Department. [Downloadable!]
    13. Thorsten Beck & Asli Demirguc-Kunt & Ross Levine, 2002. "Law and Finance: why Does Legal Origin Matter?," NBER Working Papers 9379, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    14. Raquel FONSECA & Natalia UTRERO- GONZALEZ, 2005. "Financial Development, Labor and Market Regulations and Growth," Finance 0509016, EconWPA. [Downloadable!]
      Other versions:
    15. Alejandro Micco & Carmen Pagés-Serra, 2004. "Employment Protection and Gross Job Flows: A Differences-in-Differences Approach," RES Working Papers 4365, Inter-American Development Bank, Research Department. [Downloadable!]
    16. Solomon Tadesse, 2005. "Financial Development and Technology," William Davidson Institute Working Papers Series wp749, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
      Other versions:
    17. Bebchuk, Lucian A. & Weisbach, Michael S., 2009. "The State of Corporate Governance Research," Working Paper Series 2009-21, Ohio State University, Charles A. Dice Center for Research in Financial Economics. [Downloadable!]
      Other versions:
    18. Guohua Feng & Apostolos Serletis, 2009. "Efficiency, Technical Change, and Returns to Scale in Large U.S. Banks: Panel Data Evidence from an Output Distance Function Satisfying Theoretical Regularity," Monash Econometrics and Business Statistics Working Papers 5/09, Monash University, Department of Econometrics and Business Statistics. [Downloadable!]
      Other versions:
    19. Beck, Thorsten, 2006. "Creating an efficient financial system : challenges in a global economy," Policy Research Working Paper Series 3856, The World Bank. [Downloadable!]
    20. Carmen Pagés-Serra & Alejandro Micco, 2008. "Efectos económicos de la protección del empleo: Elementos de juicio a partir de datos internacionales a nivel de actividad económica," RES Working Papers 4497, Inter-American Development Bank, Research Department. [Downloadable!]
    21. Laeven, Luc & Woodruff, Christopher, 2004. "The quality of the legal system, firm ownership, andfirm size," Policy Research Working Paper Series 3246, The World Bank. [Downloadable!]
      Other versions:
    22. Bruno, Valentina G. & Claessens, Stijn, 2007. "Corporate governance and regulation : can there be too much of a good thing ?," Policy Research Working Paper Series 4140, The World Bank. [Downloadable!]
      Other versions:
    23. Berggren, Niclas & Bergh, Andreas & Bjørnskov, Christian, 2009. "The growth effects of institutional instability," Working Papers 2009:8, Lund University, Department of Economics. [Downloadable!]
      Other versions:
    24. Alejandro Micco & Carmen Pagés, 2006. "The Economic Effects of Employment Protection: Evidence from International Industry-Level Data," IZA Discussion Papers 2433, Institute for the Study of Labor (IZA). [Downloadable!]
      Other versions:
    25. Raquel Fonseca & Natalia Utrero González, 2004. "Do Market Regulation and Financial Imperfections Affect Firm Size? New Empirical Evidence," CSEF Working Papers 119, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy. [Downloadable!]
    26. Arturo Galindo & Fabio Schiantarelli, 2002. "Credit Constraints in Latin America: An Overview of the Micro Evidence," RES Working Papers 4305, Inter-American Development Bank, Research Department. [Downloadable!]
      Other versions:
    27. Leora Klapper & Luc Laeven & Raghuram Rajan, 2004. "Business Environment and Firm Entry: Evidence from International Data," NBER Working Papers 10380, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    28. Ismail, Abdul Ghafar & Tohirin, Achmad, 2009. "Finance and Growth: The Role of Islamic Contracts," MPRA Paper 13744, University Library of Munich, Germany. [Downloadable!]
    29. Thorsten Beck & Asli Demirguc-Kunt & Luc Laeven & Ross Levine, 2004. "Finance, Firm Size, and Growth," NBER Working Papers 10983, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    30. Ayyagari, Meghana & Demirguc-Kunt, Asli & Maksimovic, Vojislav, 2005. "How well do institutional theories explain firms'perceptions of property rights?," Policy Research Working Paper Series 3709, The World Bank. [Downloadable!]
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    31. Fisman, Raymond & Love, Inessa, 2004. "Financial development and growth in the short and long run," Policy Research Working Paper Series 3319, The World Bank. [Downloadable!]
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    32. Beck, Thorsten & Laeven, Luc, 2005. "Institution building and growth in transition economies," Policy Research Working Paper Series 3657, The World Bank. [Downloadable!]
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    33. Arturo Galindo & Alejandro Micco, 2003. "Do State-Owned Banks Promote Growth? Cross-Country Evidence for Manufacturing Industries," RES Working Papers 4325, Inter-American Development Bank, Research Department. [Downloadable!]
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    34. Claessens, Stijn & Laeven, Luc, 2005. "Financial dependence, banking sector competition, and economic growth," Policy Research Working Paper Series 3481, The World Bank. [Downloadable!]
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    35. Axel Dreher & Christos Kotsogiannis & Steve McCorriston, 2004. "Corruption Around The World: Evidence From A Structural Model," Public Economics 0406004, EconWPA. [Downloadable!]
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    36. Alexander Popov & Peter Roosenboom, 2009. "On the Real Effects of Private Equity Investment - Evidence from New Business Creation," Working Paper Series 1078, European Central Bank. [Downloadable!]
    37. Matias Braun & Borja Larrain, 2004. "Finance and the Business Cycle: International, Inter-industry Evidence," Finance 0403001, EconWPA. [Downloadable!]
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    38. Durnev, Art & Fauver, Larry, 2008. "Stealing from Thieves: Firm Governance and Performance when States are Predatory," CEI Working Paper Series 2008-12, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    39. Bowen, Harry P. & De Clercq, D., 2005. "National institutions and the allocation of entrepreneurial effort," Vlerick Leuven Gent Management School Working Paper Series 2005-15, Vlerick Leuven Gent Management School. [Downloadable!]
    40. Lee Pinkowitz & Rene M. Stulz & Rohan Williamson, 2003. "Do Firms in Countries with Poor Protection of Investor Rights Hold More Cash?," NBER Working Papers 10188, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    41. Arturo Galindo & Fabio Schiantarelli, 2002. "Limitaciones crediticias en América Latina: panorámica general de los elementos de juicio al nivel micro," RES Working Papers 4306, Inter-American Development Bank, Research Department. [Downloadable!]
    42. Philippe Aghion & Thibault Fally & Stefano Scarpetta, 2007. "Credit Constraints as a Barrier to the Entry and Post-Entry Growth of Firms," IZA Discussion Papers 3237, Institute for the Study of Labor (IZA). [Downloadable!]
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    43. Knill, April M., 2008. "Does foreign portfolio investment reach small listed firms ?," Policy Research Working Paper Series 3796, The World Bank. [Downloadable!]
    44. Hazama, Yasushi, 2008. "The Political Economy of Growth: A Review," IDE Discussion Papers 141, Institute of Developing Economies, Japan External Trade Organization(JETRO). [Downloadable!]
    45. Feijen, Erik, 2005. "Do incumbents manipulate access to finance during banking crises?," Policy Research Working Paper Series 3660, The World Bank. [Downloadable!]
    46. Andrei A. Levchenko, 2004. "Institutional Quality and International Trade," IMF Working Papers 04/231, International Monetary Fund. [Downloadable!]
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    47. Jiandong Ju & Shang-Jin Wei, 2008. "When Is Quality of Financial System a Source of Comparative Advantage?," NBER Working Papers 13984, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    48. John Armour & Simon Deakin & Prabirjit Sarkar & Mathias Siems & Ajit Singh, 2008. "Shareholder Protection and Stock Market Development: An Empirical Test of the Legal Origins Hypothesis," WEF Working Papers 0041, ESRC World Economy and Finance Research Programme, Birkbeck, University of London. [Downloadable!]
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    49. Ayyagari, Meghana & Demirguc-Kunt, Asli & Maksimovic, Vojislav, 2006. "What determines protection of property rights ? An analysis of direct and indirect effects," Policy Research Working Paper Series 3940, The World Bank. [Downloadable!]
    50. Gatti, Roberta & Honorati, Maddalena, 2008. "Informality among formal firms : firm-level, cross-country evidence on tax compliance and access to credit," Policy Research Working Paper Series 4476, The World Bank. [Downloadable!]
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    51. Alejandro Micco & Carmen Pagés-Serra, 2004. "Protección del empleo y flujo bruto de puestos de trabajo: un enfoque de diferencias en diferencias," RES Working Papers 4366, Inter-American Development Bank, Research Department. [Downloadable!]
    52. Dany Jaimovich, 2009. "Who Is Claiming For Fixed-Term Contracts?," HEI Working Papers 07-2009, Economics Section, The Graduate Institute of International Studies, revised Sep 2009. [Downloadable!]
    53. Thierry Tressel & Enrica Detragiache, 2008. "Do Financial Sector Reforms Lead to Financial Development? Evidence from a New Dataset," IMF Working Papers 08/265, International Monetary Fund. [Downloadable!]
    54. Alejandro Micco - Carmen Pages, 2004. "Employment Protection and Gross Job Flows1," Econometric Society 2004 Latin American Meetings 295, Econometric Society. [Downloadable!]
    55. Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer, 2007. "The Economic Consequences of Legal Origins," NBER Working Papers 13608, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    56. Elias Papaioannou, 2004. "International Bank Flows:Determinants and Institutional Role," Money Macro and Finance (MMF) Research Group Conference 2004 28, Money Macro and Finance Research Group. [Downloadable!]
    57. Daniela Fabbri & Anna Maria Cristina Menichini, 2005. "Trade Credit, Collateral Liquidation and Borrowing Constraints," CSEF Working Papers 146, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 08 Feb 2009. [Downloadable!]
    58. David Hauner, 2006. "Fiscal Policy and Financial Development," IMF Working Papers 06/26, International Monetary Fund. [Downloadable!]
    59. Söhnke M. Bartram & Gregory Brown & René M. Stulz, 2009. "Why Do Foreign Firms Have Less Idiosyncratic Risk than U.S. Firms?," NBER Working Papers 14931, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    60. Eduardo Levy Yeyati & Alejandro Micco & Ugo Panizza, 2004. "¿Debe el gobierno participar en la actividad bancaria? El papel de la banca propiedad del Estado y de la banca de fomento," RES Working Papers 4380, Inter-American Development Bank, Research Department. [Downloadable!]
    61. Knill, April M., 2005. "Taking the bad with the good : volatility of foreign portfolio investment and financial constraints of small firms," Policy Research Working Paper Series 3797, The World Bank. [Downloadable!]
    62. Anna Ilyina & Roberto M. Samaniego, 2008. "Technology and Finance," IMF Working Papers 08/182, International Monetary Fund. [Downloadable!]
    63. Raquel Fonseca & Natalia Utrero, 2006. "Employment Protection Laws, Barriers to Entrepreneurship, Financial Markets and Firm Size," Working Papers 454, RAND Corporation Publications Department. [Downloadable!]
    64. Caprio, Gerard & Laeven, Luc & Levine, Ross, 2004. "Governance and bank valuation," Policy Research Working Paper Series 3202, The World Bank. [Downloadable!]
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    65. Kalina Manova & Zhiwei Zhang, 2008. "China's exporters and importers: firms, products, and trade partners," Working Paper Series 2008-28, Federal Reserve Bank of San Francisco. [Downloadable!]
    66. Beck, Thorsten, 2008. "The econometrics of finance and growth," Policy Research Working Paper Series 4608, The World Bank. [Downloadable!]
    67. Ciccone, Antonio & Papaioannou, Elias, 2005. "Human Capital, the Structure of Production, and Growth," CEPR Discussion Papers 5354, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    68. Michael Graff, 2006. "Myths and Truths: The «Law and Finance Theory» Revisited," KOF Working papers 06-122, KOF Swiss Economic Institute, ETH Zurich. [Downloadable!]
    69. Arturo Galindo & Alejandro Micco, 2003. "¿Fomentan el desarrollo los bancos propiedad del Estado? Elementos de juicio de las industrias manufactureras de una muestra de países," RES Working Papers 4326, Inter-American Development Bank, Research Department. [Downloadable!]
    70. Rocco Huang, 2005. "Tolerance For Uncertainty and the Growth of Informationally Opaque Industries," Macroeconomics 0507020, EconWPA. [Downloadable!]
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    71. Steven Laposa & Colin Lizieri, 2005. "Real Estate Capital Flows and Transitional Economies," Real Estate & Planning Working Papers rep-wp2005-12, Henley Business School, Reading University. [Downloadable!]
    72. Jin, Songqing & Deininger, Klaus & Sur, Mona, 2005. "Sri Lanka's Rural Non-farm Economy: Removing Constraints to Pro-poor Growth," 2005 Annual meeting, July 24-27, Providence, RI 19280, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
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    73. Thorsten Beck & Ross Levine, 2004. "Legal Institutions and Financial Development," NBER Working Papers 10417, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    74. Douhan, Robin & Henrekson, Magnus, 2007. "The Political Economy of Entrepreneurship," Working Paper Series 716, Research Institute of Industrial Economics. [Downloadable!]
    75. Elias Papaioannou, 2007. "Finance and growth - a macroeconomic assessment of the evidence from a European angle," Working Paper Series 787, European Central Bank. [Downloadable!]
    76. Burkart, Mike & Ellingsen, Tore, 2002. "In-Kind Finance," CEPR Discussion Papers 3536, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  24. Claessens, Stijn & Djankov, Simeon & Fan, Joseph P.H. & Lang, Larry H.P., 2001. "The Benefits and Costs of Internal Markets: Evidence from Asia's Financial Crisis," CEI Working Paper Series 2001-15, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]

    Cited by:

    1. Simon Johnson, 2000. "Coase and the reform of securities markets," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, issue Jun, pages 187-221. [Downloadable!]
      Other versions:
    2. Hanazaki, Masaharu & Liu, Qun, 2003. "The Asian Crisis and Corporate Governance: Ownership Structure, Debt Financing, and Corporate Diversification," CEI Working Paper Series 2003-18, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    3. Hanazaki, Masaharu & Horiuchi, Akiyoshi, 2003. "Have Banks Contributed to Efficient Management in Japan's Manufacturing?," CEI Working Paper Series 2003-22, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    4. Dallago, Bruno, 2003. "Comparative Economic Systems and the New Comparative Economics: Foes, Competitors, or Complementary?," CEI Working Paper Series 2003-24, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    5. Fan, Joseph P.H. & Huang, Jun & Oberholzer-Gee, Felix & Zhao, Mengxin, 2008. "Corporate Diversification in China: Causes and Consequences," CEI Working Paper Series 2008-3, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    6. Ahn, Sanghoon, 2003. "Technology Upgrading with Learning Cost," CEI Working Paper Series 2003-21, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    7. Laeven, Luc, 2001. "International evidence on the value of product and geographic diversity," Policy Research Working Paper Series 2729, The World Bank. [Downloadable!]
    8. Gennaioli, Nicola & Rossi, Stefano, 2008. "Judicial Discretion in Corporate Bankruptcy," CEI Working Paper Series 2008-5, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    9. Gennaioli, Nicola & Rossi, Stefano, 2008. "Optimal Resolutions of Financial Distress by Contract," CEI Working Paper Series 2008-6, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]

  25. Stijn Claessens & Daniela Klingebiel & Luc Laeven, 2001. "Financial Restructuring in Banking and Corporate Sector Crises: What Policies to Pursue?," NBER Working Papers 8386, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

    Cited by:

    1. Thomas Meyer, 2002. "The Eastward Enlargement of the Eurozone: The Shaping of Capital Markets," Eastward Enlargement of the Euro-zone Working Papers wp05, Free University Berlin, Jean Monnet Centre of Excellence, revised 01 Aug 2002. [Downloadable!]
    2. Klingebiel, Daniela & Kroszner, Randall S & Laeven, Luc, 2006. "Banking Crises, Financial Dependence and Growth," CEPR Discussion Papers 5623, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    3. Timothy Chue & David Cook, 2004. "Sudden Stops and Liability Dollarization: Evidence from East Asian Financial Intermediaries," Econometric Society 2004 Far Eastern Meetings 646, Econometric Society. [Downloadable!]
    4. Beck, Thorsten & Laeven, Luc, 2006. "Resolution of failed banks by deposit insurers : cross-country evidence," Policy Research Working Paper Series 3920, The World Bank. [Downloadable!]
    5. Luc Laeven & Fabian Valencia, 2008. "Systemic Banking Crises: A New Database," IMF Working Papers 08/224, International Monetary Fund. [Downloadable!]
    6. Carlos Esteban Posada P. & Jorge Andrés Tamayo C. Author- Email: jtamayca@banrep.gov.co, . "La crisis reciente de Estados Unidos (2007-2008): redescubriendo la importancia del mercado de "fondos prestables"," Borradores de Economia 554, Banco de la Republica de Colombia. [Downloadable!]
      Other versions:
    7. Laeven, Luc & Klingebiel, Daniela & Kroszner, Randy, 2002. "Financial crises, financial dependence, and industry growth," Policy Research Working Paper Series 2855, The World Bank. [Downloadable!]
    8. Vodová, Pavla, 2004. "Early warning signals and their role in preventing banking crises. The Czech Republic case," MPRA Paper 11902, University Library of Munich, Germany. [Downloadable!]

  26. Claessens, Stijn & Djankov, Simeon & Fan, Joseph P.H. & Lang, Larry H.P., 2001. "The Pattern and Valuation Effects of Corporate Diversification: A Comparison of the United States, Japan, and other East Asian Economies," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]

    Cited by:

    1. Claessens, Stijn & Djankov^, Simeon & Fan, Joseph P.H. & Lang, Larry H.P., 2000. "The Costs of Group Affiliation: Evidence from East Asia," CEI Working Paper Series 2000-5, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    2. Laeven, Luc, 2001. "International evidence on the value of product and geographic diversity," Policy Research Working Paper Series 2729, The World Bank. [Downloadable!]

  27. Claessens, Stijn & Djankov^, Simeon & Fan, Joseph P.H. & Lang, Larry H.P., 2000. "The Costs of Group Affiliation: Evidence from East Asia," CEI Working Paper Series 2000-5, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]

    Cited by:

    1. Giannetti, Mariassunta & Simonov, Andrei, 2003. "Which Investors Fear Expropriation? Evidence from Investors' Stock Picking," CEPR Discussion Papers 3843, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    2. Joon Tae Lee, 2004. "Structure de l’actionnariat familial et performance des grands groupes coréens," Revue Finance Contrôle Stratégie, Editions Economica, vol. 7(4), pages 143-166, December. [Downloadable!]
    3. Giannetti, Mariassunta & Simonov, Andrei, 2002. "Which Investors Fear Expropriation?," SIFR Research Report Series 10, Institute for Financial Research. [Downloadable!]
    4. Hanazaki, Masaharu & Horiuchi, Akiyoshi, 2003. "Have Banks Contributed to Efficient Management in Japan's Manufacturing?," CEI Working Paper Series 2003-22, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    5. Dallago, Bruno, 2003. "Comparative Economic Systems and the New Comparative Economics: Foes, Competitors, or Complementary?," CEI Working Paper Series 2003-24, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    6. Ahn, Sanghoon, 2003. "Technology Upgrading with Learning Cost," CEI Working Paper Series 2003-21, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    7. Fernando Lefort & Eduardo Walker, 2005. "The Effect of Corporate Governance Practices on Company Market Valuation and Payout Policy in Chile," RES Working Papers 3210, Inter-American Development Bank, Research Department. [Downloadable!]
    8. Fernando Lefort, 2003. "Gobierno Corporativo: ¿Qué es? y ¿Cómo andamos por casa?," Cuadernos de Economía (Latin American Journal of Economics), Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 40(120), pages 207-237. [Downloadable!]
    9. Fernando Lefort & Eduardo Walker, 2005. "El efecto de las prácticas de gobierno corporativo sobre la valuación de mercado y políticas de pago de compañías chilenas," RES Working Papers 3211, Inter-American Development Bank, Research Department. [Downloadable!]
    10. Gennaioli, Nicola & Rossi, Stefano, 2008. "Judicial Discretion in Corporate Bankruptcy," CEI Working Paper Series 2008-5, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    11. Gennaioli, Nicola & Rossi, Stefano, 2008. "Optimal Resolutions of Financial Distress by Contract," CEI Working Paper Series 2008-6, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]

  28. Claessens, Stijn & Djankov^, Simeon & Fan, Joseph P.H. & Lang, Larry H.P., 2000. "Expropriation of Minority Shareholders in East Asia," CEI Working Paper Series 2000-4, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]

    Cited by:

    1. Baek, Jae-Seung & Kang, Jun-Koo & Lee, Inmoo, 2004. "Business Groups and Tunneling: Evidence from Private Securities Offerings by Korean Chaebols," CEI Working Paper Series 2004-6, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    2. Ross Levine, 2005. "Law, Endowments, and Property Rights," NBER Working Papers 11502, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    3. La Porta, Rafael & Lopez-de-Silanes, Florencio & Schleifer, Andrei & Vishny, Robert, 2001. "Investor Protection and Corporate Governance," Working Paper Series rwp01-017, Harvard University, John F. Kennedy School of Government. [Downloadable!]
      Other versions:
    4. Hanazaki, Masaharu & Horiuchi, Akiyoshi, 2003. "Have Banks Contributed to Efficient Management in Japan's Manufacturing?," CEI Working Paper Series 2003-22, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    5. Dallago, Bruno, 2003. "Comparative Economic Systems and the New Comparative Economics: Foes, Competitors, or Complementary?," CEI Working Paper Series 2003-24, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    6. Ahn, Sanghoon, 2003. "Technology Upgrading with Learning Cost," CEI Working Paper Series 2003-21, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    7. Morck, Randall, 2006. "How to Eliminate Pyramidal Business Groups: The Double Taxation of Inter-corporate Dividends and other Incisive Uses of Tax Policy," CEI Working Paper Series 2005-15, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
      Other versions:
    8. Claessens, Stijn & Djankov, Simeon & Fan, Joseph P.H. & Lang, Larry H.P., 2001. "The Benefits and Costs of Internal Markets: Evidence from Asia's Financial Crisis," CEI Working Paper Series 2001-15, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    9. Cronqvist, Henrik & Heyman, Fredrik & Nilsson, Mattias & Svaleryd, Helena & Vlachos, Jonas, 2007. "Do Entrenched Managers Pay Their Workers More?," Working Paper Series 2007-7, Ohio State University, Charles A. Dice Center for Research in Financial Economics. [Downloadable!]
      Other versions:
    10. Fernando Lefort, 2003. "Gobierno Corporativo: ¿Qué es? y ¿Cómo andamos por casa?," Cuadernos de Economía (Latin American Journal of Economics), Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 40(120), pages 207-237. [Downloadable!]
    11. Park, Kwangwoo, 2002. "Foreign Ownership and Firm Value in Japan," CEI Working Paper Series 2002-15, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    12. Gennaioli, Nicola & Rossi, Stefano, 2008. "Judicial Discretion in Corporate Bankruptcy," CEI Working Paper Series 2008-5, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    13. Gennaioli, Nicola & Rossi, Stefano, 2008. "Optimal Resolutions of Financial Distress by Contract," CEI Working Paper Series 2008-6, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]

  29. Claessens, Stijn & Djankov, Simeon & Nenova, Tatiana, 2000. "Corporate risk around the world," Policy Research Working Paper Series 2271, The World Bank. [Downloadable!]

    Cited by:

    1. Enisse Kharroubi, 2004. "Liquidity, volatility and growth," DELTA Working Papers 2004-26, DELTA (Ecole normale supérieure). [Downloadable!]
    2. Galina Hale & Assaf Razin & Hui Tong, 2007. "Credit Constraints and Stock Price Volatility," NBER Working Papers 13089, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    3. Ferro, Gustavo, 2000. "¿Vale la pena tener intermediarios financieros propios? Un examen a la literatura reciente
      [Does it worth having local financial intermediaries? An examination onto recent literature]      ," MPRA Paper 15359, University Library of Munich, Germany. [Downloadable!]
    4. Hale, Galina B & Razin, Assaf & Tong, Hui, 2007. "Creditor Protection and Stock Price Volatility," CEPR Discussion Papers 6540, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    5. Jong, A. de & Kabir, R. & Nguyen, T.T., 2007. "Capital Structure around the World: The Roles of Firm- and Country-Specific Determinants," Research Paper ERS-2007-058-F&A Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]
    6. Halil Ibrahim Aydin & Cafer Kaplan & Mehtap Kesriyeli & Erdal Ozmen & Cihan Yalcin & Serkan Yigit, 2006. "Corporate Sector Financial Structure in Turkey : A Descriptive Analysis," Working Papers 0607, Research and Monetary Policy Department, Central Bank of the Republic of Turkey. [Downloadable!]
    7. Dado, Marinela E. & Klingebiel, Daniela, 2002. "Decentralized credtor-led corporate restructuring - cross-country experience," Policy Research Working Paper Series 2901, The World Bank. [Downloadable!]
    8. Hale, Galina B & Razin, Assaf & Tong, Hui, 2006. "Institutional Weakness and Stock Price Volatility," CEPR Discussion Papers 5651, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    9. Enisse Kharroubi, 2004. "Macroeconomic Volatility and endogenous debt maturity choice," Money Macro and Finance (MMF) Research Group Conference 2004 22, Money Macro and Finance Research Group. [Downloadable!]
    10. Agustinus, Prasetyantoko, 2007. "Corporate Responses to Currency Depreciations: Evidence from Indonesia," MPRA Paper 6502, University Library of Munich, Germany. [Downloadable!]
    11. Ferro, Gustavo & Antón Rodríguez, Martín, 2007. "Crédito, producto y eficiencia en la producción de crecimiento
      [Credit, production and efficiency in the production of growth]      ," MPRA Paper 15094, University Library of Munich, Germany, revised Mar 2009. [Downloadable!]
    12. Julan Du & Shang-Jin Wei, 2003. "Does Insider Trading Raise Market Volatility?," IMF Working Papers 03/51, International Monetary Fund. [Downloadable!]
      Other versions:

  30. Bongini, Paola & Claessens, Stijn & Ferri, Giovanni, 2000. "The political economy of distress in East Asian financial institutions," Policy Research Working Paper Series 2265, The World Bank. [Downloadable!]
    Published as:

    Cited by:

    1. Jomo K.S., 2005. "Malaysia´S September 1998 Controls: Background, Context, Impacts, Comparisons, Implications, Lessons," G-24 Discussion Papers 36, United Nations Conference on Trade and Development. [Downloadable!]
    2. Acharya, Viral V., 2009. "A Theory of Systemic Risk and Design of Prudential Bank Regulation," CEPR Discussion Papers 7164, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    3. Joshua Aizenman, 2009. "Financial Crisis and the Paradox of Under- and Over-Regulation," NBER Working Papers 15018, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    4. Nigel Driffield & Sarmistha Pal, 2008. "Evolution of Capital Strcture in East Asia: Corporate Inertia or Endeavours?," CEDI Discussion Paper Series 08-04, Centre for Economic Development and Institutions(CEDI), Brunel University. [Downloadable!]
      Other versions:
    5. Mohamed Ariff & Luc Can, 2009. "IMF Bank-Restructuring Efficiency Outcomes: Evidence from East Asia," Journal of Financial Services Research, Springer, vol. 35(2), pages 167-187, April. [Downloadable!] (restricted)
    6. Joshua Aizenman, 2004. "Financial Opening: Evidence and Policy Options," NBER Chapters, in: Challenges to Globalization: Analyzing the Economics, pages 473-498 National Bureau of Economic Research, Inc. [Downloadable!]
      Other versions:
    7. Liliana Rojas-Suarez, 2001. "Rating Banks in Emerging Markets: What Credit Rating Agencies Should Learn from Financial Indicators," Peterson Institute Working Paper Series WP01-6, Peterson Institute for International Economics. [Downloadable!]
    8. Timothy Chue & David Cook, 2004. "Sudden Stops and Liability Dollarization: Evidence from East Asian Financial Intermediaries," Econometric Society 2004 Far Eastern Meetings 646, Econometric Society. [Downloadable!]
    9. Hübler, Olaf Hübler & Menkhoff, Lukas & Suwanaporn, Chodechai, 2007. "Financial Liberalisation in Emerging Markets: How Does Bank Lending Change?," Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Universität Hannover dp-364, Universität Hannover, Wirtschaftswissenschaftliche Fakultät. [Downloadable!]
      Other versions:
    10. Demirguc-Kunt, Asli & Detragiache, Enrica, 2005. "Cross-country empirical studies of systemic bank distress : a survey," Policy Research Working Paper Series 3719, The World Bank. [Downloadable!]
      Other versions:
    11. Ramon Moreno, 2007. "Experiences With Current Account Deficits in Southeast Asia," Working Papers Central Bank of Chile 452, Central Bank of Chile. [Downloadable!]
    12. Marco Arena, 2005. "Bank Failures and Bank Fundamentals: A Comparative Analysis of Latin America and East Asia during the Nineties using Bank-Level Data," Working Papers 05-19, Bank of Canada. [Downloadable!]
    13. Paul Cashin & Rupa Duttagupta, 2008. "The Anatomy of Banking Crises," IMF Working Papers 08/93, International Monetary Fund. [Downloadable!]
    14. Charumilind, Chutatong & Kali, Raja & Wiwattanakantang, Yupana, 2002. "Crony Lending: Thailand before the Financial Crisis," CEI Working Paper Series 2002-4, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    15. Charumilind, Chutatong & Kali, Raja & Wiwattanakantang, Yupana, 2003. "Connected Lending: Thailand before the Financial Crisis," CEI Working Paper Series 2003-19, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
      Other versions:

  31. Claessens, Stijn & Klingebiel, Daniela, 1999. "Alternative frameworks for providing financial services," Policy Research Working Paper Series 2189, The World Bank. [Downloadable!]

    Cited by:

    1. Hawkins, John, 2002. "International Bank Lending. Water Flowing Uphill?," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
    2. Mattoo, Aaditya & Rathindran, Randeep & Subramanian, Arvind, 2001. "Measuring services trade liberalization and its impact on economic growth : an illustration," Policy Research Working Paper Series 2655, The World Bank. [Downloadable!]

  32. Claessens, Stijn & Djankov, Simeon & Klapper, Leora, 1999. "Resolution of corporate distress - evidence from East Asia's financial crisis," Policy Research Working Paper Series 2133, The World Bank. [Downloadable!]

    Cited by:

    1. Stijn Claessens & Simeon Djankov & Leora Klapper1, 2000. "The Role And Functioning Of Business Groups In East Asia And Chile," Abante, Escuela de Administracion. Pontificia Universidad Católica de Chile., vol. 3(1), pages 91 -107. [Downloadable!]
    2. Wihlborg, Clas, 2002. "Insolvency and Debt Recovery Procedures in Economic Development: An Overview of African Law," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
    3. Beck, Thorsten & Laeven, Luc, 2006. "Resolution of failed banks by deposit insurers : cross-country evidence," Policy Research Working Paper Series 3920, The World Bank. [Downloadable!]
    4. Glenn Hoggarth & Jack Reidhill & Peter Sinclair, . "On the resolution of banking crises: theory and evidence," Bank of England working papers 229, Bank of England. [Downloadable!]
    5. Agustinus, Prasetyantoko, 2007. "Corporate Responses to Currency Depreciations: Evidence from Indonesia," MPRA Paper 6502, University Library of Munich, Germany. [Downloadable!]
    6. Claessens, Stijn & Djankov, Simeon & Xu, Lixin Colin, 2000. "Corporate Performance in the East Asian Financial Crisis," World Bank Research Observer, Oxford University Press, vol. 15(1), pages 23-46, February. [Downloadable!]
    7. Kristin Forbes, 2000. "The Asian Flu and Russian Virus: Firm-level Evidence on How Crises are Transmitted Internationally," NBER Working Papers 7807, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    8. Yeh, Yin-Hua & Woidtke, Tracie, 2004. "Commitment or Entrenchment?: Controlling Shareholders and Board Composition," CEI Working Paper Series 2004-8, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]

  33. Claessens, Constantijn A. & Djankov, Simeon & Lang, Larry H. P., 1999. "Who controls East Asian corporations ?," Policy Research Working Paper Series 2054, The World Bank. [Downloadable!]

    Cited by:

    1. J. Piesse & Yougesh Khatri & Luc Leruth, 2002. "Corporate Performance and Governance in Malaysia," IMF Working Papers 02/152, International Monetary Fund. [Downloadable!]
    2. Nigel Driffield & Sarmistha Pal, 2008. "Evolution of Capital Strcture in East Asia: Corporate Inertia or Endeavours?," CEDI Discussion Paper Series 08-04, Centre for Economic Development and Institutions(CEDI), Brunel University. [Downloadable!]
      Other versions:
    3. Sami Basly, 2006. "Propriete, Decision Et Strategie De L’Entreprise Familiale : Une Analyse Theorique," Post-Print halshs-00192818_v1, HAL. [Downloadable!]
    4. Erik Berglof & Ernst-Ludwig von Thadden, 1999. "The Changing Corporate Governance Paradigm: Implications for Transition and Developing Countries," William Davidson Institute Working Papers Series 263, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
      Other versions:
    5. Richard J. Herring & Nathporn Chatusripitak, 2000. "The Case of the Missing Market: The Bond Market and Why It Matters for Financial Development," Center for Financial Institutions Working Papers 01-08, Wharton School Center for Financial Institutions, University of Pennsylvania. [Downloadable!]
    6. Adrian E. Tschoegl, 2004. "Financial Crises and the Presence of Foreign Banks," International Finance 0405016, EconWPA. [Downloadable!]
    7. Gonzalez, Eduardo T. & Mendoza, Magdalena L., . "Governance in Southeast Asia: Issues and Options," Discussion Papers DP 2002-07, Philippine Institute for Development Studies. [Downloadable!]

  34. Claessens, Stijn & Djankov, Simeon & Joseph P. H. Fan & Lang, Larry H. P., 1999. "Corporate diversification in East Asia : the role of ultimate ownership and group affiliation," Policy Research Working Paper Series 2089, The World Bank. [Downloadable!]

    Cited by:

    1. Joon Tae Lee, 2004. "Structure de l’actionnariat familial et performance des grands groupes coréens," Revue Finance Contrôle Stratégie, Editions Economica, vol. 7(4), pages 143-166, December. [Downloadable!]
    2. Richard J. Herring & Nathporn Chatusripitak, 2000. "The Case of the Missing Market: The Bond Market and Why It Matters for Financial Development," Center for Financial Institutions Working Papers 01-08, Wharton School Center for Financial Institutions, University of Pennsylvania. [Downloadable!]

  35. Octavian Carare & Constantijn Claessens & Enrico C. Perotti, 1999. "Can Governments Mandate Hard Budget Constraints? Bank Lending and Financial Isolation in Romania," William Davidson Institute Working Papers Series 241, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]

    Cited by:

    1. Calin Valsan, 2005. "The Determinants of Borrowing by Newly Exchange-listed Firms in Romania: When Adverse Selection Meets Cronyism," Post-Communist Economies, Taylor and Francis Journals, vol. 17(1), pages 109-123, March. [Downloadable!] (restricted)

  36. Claessens, S. & Djankov, S. & Lang, L.H.P., 1999. "East Asian Corporations. Heroes or Villains?," World Bank - Discussion Papers 409, World Bank.

    Cited by:

    1. James E. Anderson & Leslie Young, 2000. "Trade Implies Law: The Power of the Weak," NBER Working Papers 7702, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    2. Claessens, Stijn & Djankov, Simeon & Xu, Lixin Colin, 2000. "Corporate Performance in the East Asian Financial Crisis," World Bank Research Observer, Oxford University Press, vol. 15(1), pages 23-46, February. [Downloadable!]
    3. Michael Carney, 2008. "The many futures of Asian business groups," Asia Pacific Journal of Management, Springer, vol. 25(4), pages 595-613, December. [Downloadable!] (restricted)

  37. Claessens, Stijn & Djankov, Simeon & Joseph P. H. Fan & Lang, Larry H. P., 1999. "Expropriation of minority shareholders : evidence from East Asia," Policy Research Working Paper Series 2088, The World Bank. [Downloadable!]

    Cited by:

    1. Stijn Claessens & Simeon Djankov & Leora Klapper1, 2000. "The Role And Functioning Of Business Groups In East Asia And Chile," Abante, Escuela de Administracion. Pontificia Universidad Católica de Chile., vol. 3(1), pages 91 -107. [Downloadable!]
    2. Claessens, Stijn & Djankov^, Simeon & Fan, Joseph P.H. & Lang, Larry H.P., 2000. "The Costs of Group Affiliation: Evidence from East Asia," CEI Working Paper Series 2000-5, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    3. Randall Morck & Bernard Yeung, 2003. "Family Control and the Rent-Seeking Society," William Davidson Institute Working Papers Series 585, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
    4. Henry, Peter B. & Lorentzen, Peter Lombard, 2003. "Domestic Capital Market Reform and Access to Global Finance: Making Markets Work," Research Papers 1820, Stanford University, Graduate School of Business. [Downloadable!]
      Other versions:
    5. Kwansagool Tengamnuay & Pamela Stapleton, 2009. "The role of the audit committee in Thailand: a mature monitoring mechanism or an evolving process?," Journal of Management and Governance, Springer, vol. 13(3), pages 131-161, August. [Downloadable!] (restricted)
    6. Andrei Shleifer & Daniel Wolfenson, 2000. "Investor Protection and Equity Markets," NBER Working Papers 7974, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    7. Chong-En Bai & Zhigang Tao & Changqi Wu, 2003. "Revenue Sharing and Control Rights in Team Production: Theories and Evidence from Joint Ventures.," William Davidson Institute Working Papers Series 2003-563, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
      Other versions:
    8. Chisari, Omar O. & Ferro, Gustavo, 2009. "Gobierno Corporativo: los problemas, estado actual de la discusión y un ejercicio de medición para Argentina
      [Corporate Governance: the problems, the current stage of the discussion and a measure      ," MPRA Paper 15630, University Library of Munich, Germany. [Downloadable!]
    9. Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer & Robert Vishny, 1999. "Investor Protection: Origins, Consequences, Reform," Harvard Institute of Economic Research Working Papers 1883, Harvard - Institute of Economic Research. [Downloadable!]
    10. Dahlquist, Magnus & Pinkowitz, Lee & Stulz, René M. & Williamson, Rohan, 2002. "Corporate Governance and the Home Bias," SIFR Research Report Series 11, Institute for Financial Research. [Downloadable!]
      Other versions:
    11. Menzie D. Chinn & Hiro Ito, 2005. "What Matters for Financial Development? Capital Controls, Institutions, and Interactions," NBER Working Papers 11370, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    12. Chong-En Bai & Zhigang Tao & Changqi Wu, 2000. "Expropriation and Incentives for Team Production," Econometric Society World Congress 2000 Contributed Papers 0807, Econometric Society. [Downloadable!]
    13. Carney, M. & Gedajlovic, E.R., 2001. "Organisational Path-Dependence and Institutional Environment," Research Paper ERS-2001-07-STR Revision_, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]
    14. Randall Morck, 2003. "Why Some Double Taxation Might Make Sense: The Special Case of Inter-corporate Dividends," NBER Working Papers 9651, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    15. Claessens, Stijn & Djankov, Simeon & Joseph P. H. Fan & Lang, Larry H. P., 1999. "Corporate diversification in East Asia : the role of ultimate ownership and group affiliation," Policy Research Working Paper Series 2089, The World Bank. [Downloadable!]
    16. Mara Faccio & Larry H. P. Lang & Leslie Young, 2001. "Dividends and Expropriation," American Economic Review, American Economic Association, vol. 91(1), pages 54-78, March. [Downloadable!] (restricted)
    17. Rafael La Porta & Florencio Lopez-deSilanes & Andrei Shleifer & Robert W. Vishny, 1999. "Investor Protection and Corporate Valuation," NBER Working Papers 7403, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    18. Gedajlovic, E.R. & Yoshikawa, T. & Hashimoto, M., 2001. "Ownership Structure, Investment Behavior and Firm Performance in Japanese Manufacturing Industries," Research Paper ERS-2001-09-STR Revision_, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]
    19. Beck, Thorsten & Demirguc-Kunt, Asli & Levine, Ross, 2004. "Law and firms'access to finance," Policy Research Working Paper Series 3194, The World Bank. [Downloadable!]
      Other versions:
    20. Rafael La Porta & Florencio Lopez-deSilanes & Andrei Shleifer & Robert W. Vishny, 1999. "Investor Protection: Origins, Consequences, and Reform," NBER Working Papers 7428, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

  38. Claessens, Stijn & Djankov, Simeon, 1999. "Ownership Concentration and Corporate Performance in the Czech Republic," CEPR Discussion Papers 2145, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
    Published as:

    Cited by:

    1. Jan Svejnar & Evzen Kocenda, 2002. "The Effects of Ownership Forms and Concentration on Firm Performance after Large-Scale Privatization," William Davidson Institute Working Papers Series 471, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
      Other versions:
    2. Saul Estrin, 2001. "Competition and Corporate Governance in Transition," William Davidson Institute Working Papers Series 431, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
    3. Jan Hanousek & Evžen Ko?enda & Jan Svejnar, 2004. "Ownership, Control and Corporate Performance After Large-Scale Privatization," William Davidson Institute Working Papers Series 2004-652, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
      Other versions:
    4. Michael S. Gibson, 1999. "Is corporate governance ineffective in emerging markets?," Finance and Economics Discussion Series 1999-63, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    5. Wendy Carlin & Steven Fries & Mark Schaffer & Paul Seabright, 2001. "Competition and Enterprise Performance in Transition Economies from a Cross-Country Survey," CERT Discussion Papers 0101, Centre for Economic Reform and Transformation, Heriot Watt University. [Downloadable!]
    6. Lubomír Lízal & Dietrich Earnhart, 2002. "Effects of Ownership and Financial Status on Corporate Environmental Performance," William Davidson Institute Working Papers Series 492, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
      Other versions:
    7. Paligorova, Teodora,, . "Czech managerial compensations: why does it pay off to climb the corporate ladder?. České manažerské odměny: proč se vyplatí stoupat na podnikovém žebříčku?," Open Access publications from Charles University in Prague, Center for Economic Research and Graduate Education durcharlesuniprague.cz:65, Charles University in Prague, Center for Economic Research and Graduate Education. [Downloadable!]
    8. Jan Svejnar & Evzen Kocenda, 2003. "Ownership and Firm Performance after Large-Scale Privatization," William Davidson Institute Working Papers Series 471a, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
      Other versions:
    9. Dennis Mueller, 2006. "Corporate Governance and Economic Performance," International Review of Applied Economics, Taylor and Francis Journals, vol. 20(5), pages 623-643, December. [Downloadable!] (restricted)
    10. John P. Bonin, Bozena Leven, 2001. "Can State-owned Banks Promote Enterprise Restructuring? Evidence from One Polish Bank's Experience," Post-Communist Economies, Taylor and Francis Journals, vol. 13(4), pages 431-443, December. [Downloadable!] (restricted)
    11. Lízal, Lubomír,, 2002. "Determinants of financial distress: what drives bankpruptcy in a transition economy? The Czech Republic case," Open Access publications from Charles University in Prague, Center for Economic Research and Graduate Education durcharlesuniprague.cz:66, Charles University in Prague, Center for Economic Research and Graduate Education. [Downloadable!]
      Other versions:
    12. Vahe Lskavyan & Mariana Spatareanu, 2006. "Ownership concentration, market monitoring and performance: Evidence from the UK, the Czech Republic and Poland," Journal of Applied Economics, Universidad del CEMA, vol. 0, pages 91-104, May. [Downloadable!]
      Other versions:
    13. Nandini Gupta & John C. Ham & Jan Svejnar, 2000. "Priorities and Sequencing in Privatization: Theory and Evidence from the Czech Republic," William Davidson Institute Working Papers Series 323, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
      Other versions:
    14. James D. Goodnow & Pavel Vopařil, 2005. "A Classification Of International Business Strategies In The Czech Republic: A Longitudinal Analysis Of Selected Firms," Prague Economic Papers, University of Economics, Prague, vol. 2005(4), pages 331-349. [Downloadable!] (restricted)
    15. Irena Grosfeld & Iraj Hashi, 2004. "The Emergence of Large Shareholders in Mass Privatized Firms: Evidence from Poland and the Czech Republic," Working Papers 2004.126, Fondazione Eni Enrico Mattei. [Downloadable!]
      Other versions:
    16. J. David Brown & John S. Earle & Almos Telegdy, 2004. "Does Privatization Raise Productivity? Evidence from Comprehensive Panel Data on Manufacturing Firms in Hungary, Romania, Russia and Ukraine," IEHAS Discussion Papers 0425, Institute of Economics, Hungarian Academy of Sciences. [Downloadable!]
      Other versions:
    17. Dietrich Earnhart & Lubomir Lizal, 2007. "Does Better Environmental Performance Affect Revenues, Cost, or Both? Evidence From a Transition Economy," William Davidson Institute Working Papers Series wp856, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
      Other versions:
    18. Wendy Carlin & Steven Fries & Mark Schaffer & Paul Seabright, 2001. "Competition and Enterprise Performance in Transition Economies: Evidence from a Cross-country Survey," William Davidson Institute Working Papers Series 376, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
      Other versions:
    19. John S. Earle & Scott Gelbach, 2002. "A Spoonful of Sugar: Privatization and Popular Support for Reform in the Czech Republic," Staff Working Papers 02-79, W.E. Upjohn Institute for Employment Research. [Downloadable!] (restricted)
      Other versions:
    20. Simon Johnson & Andrei Shleifer, 1999. "Coase v. the Coasians," NBER Working Papers 7447, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    21. Randall K. Filer & Jan Hanousek, 2001. "Data Watch: Research Data from Transition Economies," William Davidson Institute Working Papers Series 416, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
      Other versions:
    22. Hanousek, Jan, & Kočenda, Evžen, & Švejnar, Jan,, 2004. "Ownership, control and corporate performance after large-scale privatization. Vlastnictví, kontrola a veřejný prospěch po velké privatizaci," Open Access publications from Charles University in Prague, Center for Economic Research and Graduate Education durcharlesuniprague.cz:65, Charles University in Prague, Center for Economic Research and Graduate Education. [Downloadable!]
    23. Earnhart, D. & Lízal, Lubomír,, . "Effects of ownership and financial structure on corporate environmental performance," Open Access publications from Charles University in Prague, Center for Economic Research and Graduate Education durcharlesuniprague.cz:66, Charles University in Prague, Center for Economic Research and Graduate Education. [Downloadable!]
    24. Hanousek, Jan, & Kočenda, Evžen, & Švejnar, Jan,, . "Origin and concentration: corporate ownership, control and performance. Počátek a koncentrace: společné vlastnictví, kontrola a výkonnost," Open Access publications from Charles University in Prague, Center for Economic Research and Graduate Education durcharlesuniprague.cz:65, Charles University in Prague, Center for Economic Research and Graduate Education. [Downloadable!]
    25. John S. Earle & Csaba Kucsera & Almos Telegdy, 2003. "Ownership Concentration and Corporate Performance on the Budapest Stock Exchange: Do Too Many Cooks Spoil the Goulash?," Staff Working Papers 03-93, W.E. Upjohn Institute for Employment Research. [Downloadable!] (restricted)
      Other versions:
    26. Galyna Grygorenko & Stefan Lutz, 2007. "Firm performance and privatization in Ukraine," Economic Change and Restructuring, Springer, vol. 40(3), pages 253-266, September. [Downloadable!] (restricted)
      Other versions:
    27. Juan Zalduendo, 2003. "Enterprise Restructuring and Transition: Evidence from the Former Yugoslav Republic of Macedonia," IMF Working Papers 03/136, International Monetary Fund. [Downloadable!]
    28. Narjess Boubakri & Jean-Claude Cosset & Omrane Guedhami, 2003. "Postprivatization Corporate Governance: the Role of Ownership Structure and Investor Protection," Working Papers 2003.37, Fondazione Eni Enrico Mattei. [Downloadable!]
    29. Andrew Weiss & Georgiy A. Nikitin, 2004. "Foreign Portfolio Investment Improves Performance: Evidence from the Czech Republic," The B.E. Journal of Economic Analysis & Policy, Berkeley Electronic Press, vol. 0(1). [Downloadable!]
    30. Alexander Pivovarsky, . "How Does Privatization Work? Ownership Concentration and Enterprise Performance in Ukraine," IMF Working Papers 01/42, International Monetary Fund. [Downloadable!]
    31. Kočenda, Evžen,, . "Development of ownership structure and its effects on performance: Czech firms from mass privatization," Open Access publications from Charles University in Prague, Center for Economic Research and Graduate Education durcharlesuniprague.cz:65, Charles University in Prague, Center for Economic Research and Graduate Education. [Downloadable!]
      Other versions:

  39. Claessens, Constantijn A. & Djankov, Simeon & Joseph P. H. Fan & Lang, Larry H. P., 1998. "Diversification and efficiency of investment by East Asian corporations," Policy Research Working Paper Series 2033, The World Bank. [Downloadable!]

    Cited by:

    1. Claessens, Stijn & Djankov, Simeon & Lang, Larry, 1998. "Corporate growth, financing, and risks in the decade before East Asia's financial crisis," Policy Research Working Paper Series 2017, The World Bank. [Downloadable!]
    2. Claessens, Stijn & Djankov, Simeon & Joseph P. H. Fan & Lang, Larry H. P., 1999. "Corporate diversification in East Asia : the role of ultimate ownership and group affiliation," Policy Research Working Paper Series 2089, The World Bank. [Downloadable!]

  40. Claessens,Constantijn A. & Oks, Daniel & Polastri, Rossana, 1998. "Capital flows to Central and Eastern Europe and the Former Soviet Union," Policy Research Working Paper Series 1976, The World Bank. [Downloadable!]
    Published as:

    Cited by:

    1. Jaap Bos & Mindel van de Laar, 2004. "Explaining Foreign Direct Investment in Central and Eastern Europe: an Extended Gravity Approach," DNB Working Papers 008, Netherlands Central Bank, Research Department. [Downloadable!]
      Other versions:
    2. Talley, Samuel & Giugale, Marcelo M. & Polastri, Rossana, 1998. "Capital inflow reversals, banking stability, and prudential regulation in Central and Eastern Europe," Policy Research Working Paper Series 2023, The World Bank. [Downloadable!]
    3. Reinhart, Carmen & Reinhart, Vincent, 2008. "Capital Flow Bonanzas: An Encompassing View of the Past and Present," CEPR Discussion Papers 6996, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    4. Carlos Andrés Amaya & Peter Rowland, . "Determinants of Investment Flows into Emerging Markets," Borradores de Economia 313, Banco de la Republica de Colombia. [Downloadable!]
    5. Kashif Mansori, 2003. "Following in their Footsteps: Comparing Interest Parity Conditions in Central European Economies to the Euro Countries," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    6. Josef C. Brada & Ali M. Kutan & Taner M. Yigit, 2004. "The Effects of Transition and Political Instability On Foreign Direct Investment Inflows: Central Europe and the Balkans," William Davidson Institute Working Papers Series wp729, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
    7. Fidel Pérez Sebastián & Lilia Maliar & Serguei Maliar, 2005. "Sovereign Risk, Fdi Spillovers, And Economic Growth," Working Papers. Serie AD 2005-27, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
    8. Carlos Andrés Amaya G. & Peter Rowland, 2004. "Determinants Of Investment Flows Into Emerging Markets," BORRADORES DE ECONOMIA 002334, BANCO DE LA REPÚBLICA. [Downloadable!]
    9. Michael D. Bordo & Anna J. Schwartz, 2000. "Measuring Real Economic Effects of Bailouts: Historical Perspectives on How Countries in Financial Distress Have Fared With and Without Bailouts," NBER Working Papers 7701, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:

  41. Claessens, Stijn & Demirguc-Kunt, Asli & Huizinga, Harry, 1998. "How does foreign entry affect the domestic banking market?," Policy Research Working Paper Series 1918, The World Bank. [Downloadable!]

    Cited by:

    1. Pierre-Richard Agenor & Joshua Aizenman, 1998. "Volatility and the Welfare Costs of Financial Market Integration," NBER Working Papers 6782, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    2. Simon H. Kwan, 2002. "Operating Performance of Banks among Asian Economies: An Internaitonal and Time Series Comparison," Working Papers 132002, Hong Kong Institute for Monetary Research. [Downloadable!]
    3. Nacer Bernou & Mustapha Sadni Jallab, 2002. "Le commerce des services financiers dans le monde : un état des lieux," Post-Print halshs-00178172_v1, HAL. [Downloadable!]
    4. Claessens, Stijn & Glaessner, Tom, 1998. "The internationalization of financial services in Asia," Policy Research Working Paper Series 1911, The World Bank. [Downloadable!]
    5. Demirguc-Kunt, Asli & Huizinga, Harry, 1998. "Determinants of commercial bank interest margins and profitability : some international evidence," Policy Research Working Paper Series 1900, The World Bank. [Downloadable!]
      Other versions:
    6. Ajitava Raychaudhuri & Prabir De, 2007. "Assessing Barriers to Trade in Education Services in Developing Asia - Pacific Countries:An Empirical Exercise," Working Papers 3407, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada.. [Downloadable!]
    7. Alicia García Herrero & Javier Santillán & Sonsoles Gallego & Lucía Cuadro & Carlos Egea, 2002. "Latin American Financial Development in Perspective," Banco de España Working Papers 0216, Banco de España. [Downloadable!]
      Other versions:
    8. Francois, Joseph & Schuknecht, Ludger, 1999. "Trade in Financial Services: Procompetitive Effects and Growth Performance," CEPR Discussion Papers 2144, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    9. Simon H. Kwan, 2002. "Operating performance of banks among Asian economies: an international and time series comparison," Working Papers in Applied Economic Theory 2002-01, Federal Reserve Bank of San Francisco. [Downloadable!]
      Other versions:
    10. Petya Koeva, 2003. "The Performance of Indian Banks During Financial Liberalization," IMF Working Papers 03/150, International Monetary Fund. [Downloadable!]
    11. Denizer, Cevdet, 2000. "Foreign entry in Turkey's banking sector, 1980-97," Policy Research Working Paper Series 2462, The World Bank. [Downloadable!]
    12. Beck, Thorsten, 2006. "Creating an efficient financial system : challenges in a global economy," Policy Research Working Paper Series 3856, The World Bank. [Downloadable!]
    13. Daniel Pérez & Vicente Salas-Fumás & Jesús Saurina, 2005. "Banking integration in Europe," Banco de España Working Papers 0519, Banco de España. [Downloadable!]
    14. Berger, Allen N. & Udell, Gregory F., 2005. "A more complete conceptual framework for financing of small and medium enterprises," Policy Research Working Paper Series 3795, The World Bank. [Downloadable!]
    15. R.T.A. de Haas, 2001. "Financial development and economic growth in transition economies A survey of the theoretical and empirical literature," Research Series Supervision (discontinued) 35, Netherlands Central Bank, Directorate Supervision. [Downloadable!]
    16. R.T.A. de Haas & I. van Lelyveld, 2002. "Foreign Bank Penetration and Bank Credit Stability in Central and Eastern Europe," Research Series Supervision (discontinued) 43, Netherlands Central Bank, Directorate Supervision. [Downloadable!]
    17. Manlagnit, Ma. Chelo V. & Lamberte, Mario B., 2004. "Evaluating the Impacts of Competition Policy Reforms on the Efficiency of Philippine Commercial Banks," Discussion Papers DP 2004-46, Philippine Institute for Development Studies. [Downloadable!]
    18. Li-Gang Liu, 2005. "The Impact of Financial Services Trade Liberalization on China," Discussion papers 05024, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
    19. Joe Peek & Eric S. Rosengren, 2000. "Implications of the globalization of the banking sector: the Latin American experience," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, issue Jun, pages 145-185. [Downloadable!]
      Other versions:
    20. Nicola Cetorelli & Michele Gambera, 1999. "Banking Market Structure, Financial Dependence and Growth: International Evidence from Industry Data," Center for Financial Institutions Working Papers 00-19, Wharton School Center for Financial Institutions, University of Pennsylvania. [Downloadable!]
      Other versions:
    21. Liliana Solís & Joaquín Maudos Villarroya, 2007. "Deregulation, Liberalization And Consolidation Of The Mexican Banking System: Effects On Competition," Working Papers. Serie EC 2007-13, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
    22. Edward J. Kane, 1999. "How Offshore Financial Competition Disciplines Exit Resistence by Incentive-Conflicted Bank Regulators," NBER Working Papers 7156, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    23. Allen N. Berger & Leora F. Klapper & Gegory F. Udell, 2001. "The ability of banks to lend to informationally opaque small businesses," Proceedings, Federal Reserve Bank of Chicago, issue May, pages 241-261.
      Other versions:
    24. Claessens, Stijn & Klingebiel, Daniela, 1999. "Alternative frameworks for providing financial services," Policy Research Working Paper Series 2189, The World Bank. [Downloadable!]
    25. Inwon Song, 2004. "Foreign Bank Supervision and Challenges to Emerging Market Supervisors," IMF Working Papers 04/82, International Monetary Fund. [Downloadable!]
    26. Farouk Soussa & Tracy Wheeler, . "Do announcements of bank acquisitions in emerging markets create value?," Bank of England working papers 315, Bank of England. [Downloadable!]
    27. Cerutti, Eugenio & Dell'Ariccia, Giovanni & Martinez Peria, Maria Soledad, 2005. "How banks go abroad : branches or subsidiaries ?," Policy Research Working Paper Series 3753, The World Bank. [Downloadable!]
      Other versions:
    28. Pedro Fachada, 2008. "Foreign Banks' Entry and Departure: The Recent Brazilian Experience (1996-2006)," Working Papers Series 164, Central Bank of Brazil, Research Department. [Downloadable!]
    29. Luiz Fernando Rodrigues de Paula, 2001. "Expansion Strategies of European Banks to Brazil and Their Impacts on the Brazilian Banking Sector," Anais do XXIX Encontro Nacional de Economia [Proceedings of the 29th Brazilian Economics Meeting] 044, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics]. [Downloadable!]
    30. Beck, Thorsten & Demirguc-Kunt, Asli & Levine, Ross, 1999. "A new database on financial development and structure," Policy Research Working Paper Series 2146, The World Bank. [Downloadable!]
    31. Edward J. Kane, 1998. "Capital Movements, Asset Values, and Banking Policy in Globalized Markets," NBER Working Papers 6633, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    32. Eschenbach, Felix & Francois, Joseph, 2002. "Financial Sector Competition, Services Trade, and Growth," CEPR Discussion Papers 3573, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    33. Lawrence White, 2002. "International Trade In Services: More Than Meets the Eye," Working Papers 02-13, New York University, Leonard N. Stern School of Business, Department of Economics. [Downloadable!]
    34. Dario Focarelli & Alberto Franco Pozzolo, 2000. "The Determinants of Cross-Border Bank Shareholdings; an Analysis with Bank-Level Data from OECD Countries," Temi di discussione (Economic working papers) 381, Bank of Italy, Economic Research Department. [Downloadable!]
      Other versions:
    35. Caprio, Gerard & Honohan, Patrick, 2001. "Finance for Growth: Policy Choices in a Volatile World," MPRA Paper 9929, University Library of Munich, Germany. [Downloadable!]
    36. Ross Levine, 2003. "Denying Foreign Bank Entry: Implications For Bank Interest Margins," Working Papers Central Bank of Chile 222, Central Bank of Chile. [Downloadable!]
    37. Edward J. Kane, 2000. "Capital Movements, Banking Insolvency, and Silent Runs in the Asian Financial Crisis," NBER Working Papers 7514, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    38. Sufian, Fadzlan & Abdul Majid, Muhamed Zulkhibri & Haron, Razali, 2007. "Efficiency and Bank Merger in Singapore: A Joint Estimation of Non-Parametric, Parametric and Financial Ratios Analysis," MPRA Paper 12129, University Library of Munich, Germany, revised 01 Oct 2007. [Downloadable!]
    39. Edward J. Kane & Tara Rice, 2000. "Bank Runs and Banking Policies: Lessons for African Policymakers," NBER Working Papers 8003, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    40. Afonso S. Bevilaqua & Eduardo Loyo, 1998. "Openness and efficiency in Brazilian banking," Textos para discussão 390, Department of Economics PUC-Rio (Brazil). [Downloadable!]
    41. Hapitan, Rene B., . "Reactions to the Entry of Foreign Banks," Discussion Papers PASCN DP 2001-09, Philippine Institute for Development Studies. [Downloadable!]
    42. Allen N. Berger & Iftekhar Hasan & Leora F. Klapper, 2003. "Further evidence on the link between finance and growth: an international analysis of community banking and economic performance," Finance and Economics Discussion Series 2003-47, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
      Other versions:
    43. Ralph de Haas & Iman van Lelyveld, 2002. "Foreign Bank Penetration and Private Sector Credit in Central and Eastern Europe," International Finance 0209002, EconWPA. [Downloadable!]
      Other versions:
    44. Thierry Tressel & Enrica Detragiache & Poonam Gupta, 2005. "Finance in Lower Income Countries: An Empirical Exploration," IMF Working Papers 05/167, International Monetary Fund. [Downloadable!]
    45. Kozo Kiyota & Barbara Peitsch & Robert M. Stern, 2007. "The Case for Financial Sector Liberalization in Ethiopia," Working Papers 565, Research Seminar in International Economics, University of Michigan. [Downloadable!]
      Other versions:
    46. Clarke, George R. G. & Cull, Robert & D'Amato, Laura & Molinari, Andrea, 1999. "The effect of foreign entry on Argentina's domestic banking sector," Policy Research Working Paper Series 2158, The World Bank. [Downloadable!]

  42. Alba, Pedro & Bhattacharya, Amar & Claessens, Stijn & Ghosh, Swati & Hernandez, Leonardo, 1998. "Volatility and contagion in a financially integrated world : lessons from East Asia's recent experience," Policy Research Working Paper Series 2008, The World Bank. [Downloadable!]

    Cited by:

    1. Komulainen, Tuomas, 2001. "Currency Crises in Emerging Markets: Capital Flows and Herding Behaviour," BOFIT Discussion Papers 10/2001, Bank of Finland, Institute for Economies in Transition. [Downloadable!]
    2. Mark Carlson & Leonardo Hernandez, 2002. "Determinants and repercussions of the composition of capital inflows," International Finance Discussion Papers 717, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    3. Clara Garcia, 2004. "Capital Inflows, Policy Responses, and Their Ill Consequences: Thailand, Malaysia, and Indonesia in the Decade Before the Crises," Working Papers wp81, Political Economy Research Institute, University of Massachusetts at Amherst. [Downloadable!]
    4. Komulainen, Tuomas, 1999. "Currency Crisis Theories – Some Explanations for the Russian Case," BOFIT Discussion Papers 1/1999, Bank of Finland, Institute for Economies in Transition. [Downloadable!]
    5. Giancarlo Corsetti & Paolo Pesenti & Nouriel Roubini, 1998. "What Caused the Asian Currency and Financial Crisis? Part II: The Policy Debate," NBER Working Papers 6834, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    6. Erinç Yeldan & Wenli Li & Xinshen Diao, 1998. "Challenges and Choices in Post-Crisis East-Asia : Simulations of Investment Policy Reform in an Intertemporal,Global Model," Departmental Working Papers 9816, Bilkent University, Department of Economics. [Downloadable!]
      Other versions:
    7. Giancarlo Corsetti & Paolo Pesenti & Nouriel Roubini, 1998. "Paper tigers? A model of the Asian crisis," Research Paper 9822, Federal Reserve Bank of New York. [Downloadable!]
      Other versions:
    8. Jian Tong & Chenggang Xu, 2004. "Financial Sector Returns and Creditor Moral Hazard: Evidence from Indonesia, Korea, and Thailand," William Davidson Institute Working Papers Series 2004-687, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
    9. Helmut Wagner, 2001. "Implications of Globalization for Monetary Policy," IMF Working Papers 01/184, International Monetary Fund. [Downloadable!]
    10. Joshua Aizenman & Nancy Marion, 1999. "Reserve Uncertainty and the Supply of International Credit," NBER Working Papers 7202, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:

  43. Claessens, Stijn & Djankov, Simeon & Lang, Larry, 1998. "Corporate growth, financing, and risks in the decade before East Asia's financial crisis," Policy Research Working Paper Series 2017, The World Bank. [Downloadable!]

    Cited by:

    1. Aaron Tornell, . "Concentrated Ownership and Bailout Guarantees (November 2005)," UCLA Economics Online Papers 407, UCLA Department of Economics. [Downloadable!]

  44. Claessens, Stijn & Glaessner, Tom, 1998. "The internationalization of financial services in Asia," Policy Research Working Paper Series 1911, The World Bank. [Downloadable!]

    Cited by:

    1. Dilli Raj Khanal, 2007. "Services Trade in Developing Asia:A Case Study of the Banking and Insurance Sector in Nepal," Working Papers 3907, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada.. [Downloadable!]
    2. Clarke, George R. G. & Cull, Robert & Martinez Peria, Maria Soledad, 2001. "Does foreign bank penetration reduce access to credit in developing countries"evidence from asking borrowers," Policy Research Working Paper Series 2716, The World Bank. [Downloadable!]
    3. Rowena A. Pecchenino & Patricia S. Pollard, 2003. "A simple model of international capital flows, exchange rate risk, and portfolio choice," Working Papers 2000-009, Federal Reserve Bank of St. Louis. [Downloadable!]
    4. Alejandro Micco & Ugo Panizza & Mónica Yañez, 2004. "Bank Ownership and Performance," RES Working Papers 4381, Inter-American Development Bank, Research Department. [Downloadable!]
    5. Kaleeswaran Kalirajan, 2001. "Restrictions on trade in distribution services," Labor and Demography 0105008, EconWPA. [Downloadable!]
    6. Claessens, Stijn, 2006. "Competitive implications of cross-border banking," Policy Research Working Paper Series 3854, The World Bank. [Downloadable!]
    7. Alexei Kireyev, 2002. "Liberalization of Trade in Financial Services and Financial Sector Stability (Analytical Approach)," IMF Working Papers 02/138, International Monetary Fund. [Downloadable!]
    8. Jansen, Marion, 2006. "Services Trade Liberalization at the Regional Level: Does Southern and Eastern Africa Stand to Gain from EPA Negotiations?," CEPR Discussion Papers 5800, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    9. Alejandro Micco & Ugo Panizza & Mónica Yañez, 2004. "Propiedad y desempeño de la banca," RES Working Papers 4382, Inter-American Development Bank, Research Department. [Downloadable!]
    10. Gabriella Montinola & Ramon Moreno, 2001. "The political economy of foreign bank entry and its impact: theory and a case study," Pacific Basin Working Paper Series 01-11, Federal Reserve Bank of San Francisco. [Downloadable!]
    11. Mark M. Spiegel & Jose A. Lopez, 2009. "Foreign entry into underwriting services: evidence from Japan's "Big Bang" deregulation," Working Paper Series 2009-14, Federal Reserve Bank of San Francisco. [Downloadable!]
    12. Marco Del Negro & Stephen Kay, 2002. "Global banks, local crises: bad news from Argentina," Economic Review, Federal Reserve Bank of Atlanta, issue Q3, pages 89-106. [Downloadable!]
    13. Gual, Jordi, 2003. "Integration of EU banking markets, The," IESE Research Papers D/504, IESE Business School. [Downloadable!]
    14. Unite, Angelo A. & Tabios, Guillermo Q. & Sullivan, Michael J., . "The Impact of Liberalization of Foreign Bank Entry on the Philippine Domestic Banking Market," Discussion Papers PASCN DP 2001-08, Philippine Institute for Development Studies. [Downloadable!]
    15. Bernard Hoekman, 2000. "The next round of services negotiations: identifying priorities and options," Review, Federal Reserve Bank of St. Louis, issue Jul, pages 31-52. [Downloadable!]
    16. Gual, Jordi, 2004. "The Integration of EU Banking Markets," CEPR Discussion Papers 4212, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    17. Harms, Philipp & Mattoo, Aaditya & Schuknecht, Ludger, 2003. "Explaining liberalization commitments in financial services trade," Policy Research Working Paper Series 2999, The World Bank. [Downloadable!]
      Other versions:
    18. Adrian E. Tschoegl, 2004. "Financial Crises and the Presence of Foreign Banks," International Finance 0405016, EconWPA. [Downloadable!]
    19. Okuda, Hidenobu & Rungsomboon, Suvadee, 2005. "The Effects of Foreign Bank Entry on the Thai Banking Market: Empirical Analysis from 1990 to 2002," CEI Working Paper Series 2004-20, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    20. Jose A. Lopez & Mark M. Spiegel, 2006. "Foreign bank lending and bond underwriting in Japan during the lost decade," Working Paper Series 2006-45, Federal Reserve Bank of San Francisco. [Downloadable!]
    21. Kyriaki Kosmidou & Fotios Pasiouras & Angelos Tsaklanganos, 2005. "Factors influencing the profits and size of Greek banks operating abroad: a pooled time-series study," Applied Financial Economics, Taylor and Francis Journals, vol. 15(10), pages 731-738, June. [Downloadable!] (restricted)

  45. Alba, Pedro & Claessens, Stijn & Djankov, Simeon, 1998. "Thailand's corporate financing and governance structures," Policy Research Working Paper Series 2003, The World Bank. [Downloadable!]

    Cited by:

    1. Mody, Ashoka, 1999. "Industrial policy after the East Asian crisis - from"outward orientation"to new internal capabilities?," Policy Research Working Paper Series 2112, The World Bank. [Downloadable!]
    2. Richard J. Herring & Nathporn Chatusripitak, 2000. "The Case of the Missing Market: The Bond Market and Why It Matters for Financial Development," Center for Financial Institutions Working Papers 01-08, Wharton School Center for Financial Institutions, University of Pennsylvania. [Downloadable!]
    3. Jian Tong & Chenggang Xu, 2004. "Financial Sector Returns and Creditor Moral Hazard: Evidence from Indonesia, Korea, and Thailand," William Davidson Institute Working Papers Series 2004-687, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]

  46. Claessens, Stijn & Djankov, Simeon, 1998. "Politicians and firms in seven central and eastern European countries," Policy Research Working Paper Series 1954, The World Bank. [Downloadable!]

    Cited by:

    1. Marko Simoneti & Aleksandra Gregoric, 2004. "Managerial ownership and corporate performance in Slovenian post-privatisation period," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 1(2), pages 217-241, December. [Downloadable!]
    2. Enrico C. Perotti & Luc Laeven & Pieter van Oijen, 2000. "Confidence Building in Emerging Stock Markets," William Davidson Institute Working Papers Series 366, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
      Other versions:
    3. Bartel, Ann P. & Harrison, Ann E., 2000. "Ownership versus environment : disentangling the sources of public sector inefficiency," Policy Research Working Paper Series 2272, The World Bank. [Downloadable!]
      Other versions:
    4. Coricelli, Fabrizio & Djankov, Simeon, 2001. "Hardened Budgets and Enterprise Restructuring: Theory and an Application to Romania," CEPR Discussion Papers 2950, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    5. Ann P. Bartel & Ann E. Harrison, 1999. "Ownership versus Environment: Why are Public Sector Firms Inefficient?," NBER Working Papers 7043, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    6. Perotti, Enrico C & van Oijen, Pieter, 1999. "Privatization, Political Risk and Stock Market Development," CEPR Discussion Papers 2243, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    7. Budina, Nina & Garretsen, Harry & de Jong, Elke, 2000. "Liquidity constraints and investment in transition economies - the case of Bulgaria," Policy Research Working Paper Series 2278, The World Bank. [Downloadable!]
    8. Mauricio Garrón B. & Carlos Gustavo Machicado & Katherina Capra, 2003. "Privatization in Bolivia: The Impact on Firm Performance," RES Working Papers 3154, Inter-American Development Bank, Research Department. [Downloadable!]

  47. Pohl, G. & Anderson, R.E. & Claessens, S. & Djankov, S., 1997. "Privatization and Restructuring in Central and Eastern Europe: Evidence and Policy Options," Papers 368, World Bank - Technical Papers.

    Cited by:

    1. Clarke, George R. G. & Cull, Robert, 2001. "Bank privatization in Argentina : a model of political constraints and differential outcomes," Policy Research Working Paper Series 2633, The World Bank. [Downloadable!]
      Other versions:
    2. Jan Svejnar & Evzen Kocenda, 2002. "The Effects of Ownership Forms and Concentration on Firm Performance after Large-Scale Privatization," William Davidson Institute Working Papers Series 471, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
      Other versions:
    3. Jan Hanousek & Evžen Ko?enda & Jan Svejnar, 2004. "Ownership, Control and Corporate Performance After Large-Scale Privatization," William Davidson Institute Working Papers Series 2004-652, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
      Other versions:
    4. Irina Akimova & Gerhard Schwödiauer, 1999. "Restructuring of Ukrainian Enterprises after Privatization: Does Ownership Structure Matter?," Industrial Organization 9903003, EconWPA. [Downloadable!]
    5. Jan Svejnar & Evzen Kocenda, 2003. "Ownership and Firm Performance after Large-Scale Privatization," William Davidson Institute Working Papers Series 471a, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
      Other versions:
    6. Morris Bornstein, 2001. "Post-privatisation Enterprise Restructuring," Post-Communist Economies, Taylor and Francis Journals, vol. 13(2), pages 189-203, June. [Downloadable!] (restricted)
    7. Marko Simoneti & Aleksandra Gregoric, 2004. "Managerial ownership and corporate performance in Slovenian post-privatisation period," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 1(2), pages 217-241, December. [Downloadable!]
    8. Dietrich Earnhart & Lubomir Lizal, 2007. "Does Better Environmental Performance Affect Revenues, Cost, or Both? Evidence From a Transition Economy," William Davidson Institute Working Papers Series wp856, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
      Other versions:
    9. Gerald A. McDermott, 2003. "Institutional Change and Firm Creation in East-Central Europe: An Embedded Politics Approach," William Davidson Institute Working Papers Series 2003-590, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
    10. Gerald A. McDermott, 2000. "Network Restructuring and Firm Creation in East-Central Europe: A Public-Private Venture," William Davidson Institute Working Papers Series 361, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
    11. Dado, Marinela E. & Klingebiel, Daniela, 2002. "Decentralized credtor-led corporate restructuring - cross-country experience," Policy Research Working Paper Series 2901, The World Bank. [Downloadable!]
    12. Djankov, Simeon, 1999. "Ownership structure and enterprise restructuring in six newly independent states," Policy Research Working Paper Series 2047, The World Bank. [Downloadable!]
    13. Yakovlev, Andrei, 2008. "State-business relations and improvement of corporate governance in Russia," BOFIT Discussion Papers 26/2008, Bank of Finland, Institute for Economies in Transition. [Downloadable!]
    14. John S. Earle & Almos Telegdy, 2002. "Privatization Methods and Productivity Effects in Romanian Industrial Enterprises," Staff Working Papers 02-81, W.E. Upjohn Institute for Employment Research. [Downloadable!] (restricted)
      Other versions:
    15. Alexander Pivovarsky, . "How Does Privatization Work? Ownership Concentration and Enterprise Performance in Ukraine," IMF Working Papers 01/42, International Monetary Fund. [Downloadable!]
    16. Helena Hannula & Katrin Tamm, 2002. "Restructuring And Efficiency In The Estonian Manufacturing Industry: The Role Of Foreign Ownership," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 15, Faculty of Economics and Business Administration, University of Tartu (Estonia), revised 2003. [Downloadable!]
    17. Djankov, Simeon, 1999. "Restructuring of insider-dominated firms," Policy Research Working Paper Series 2046, The World Bank. [Downloadable!]
    18. Jean-Francois Huchet & Xavier Richet, 1999. "China in Search of an Efficient Corporate Governance System. International Comparisons and Lessons," CERT Discussion Papers 9901, Centre for Economic Reform and Transformation, Heriot Watt University. [Downloadable!]

  48. Claessens, Stijn & Djankov, Simeon & Pohl, Gerhard, 1997. "Ownership and corporate governance : evidence from the Czech Republic," Policy Research Working Paper Series 1737, The World Bank. [Downloadable!]

    Cited by:

    1. Simeon Djankov and Stijn Claessens & Simeon Djankov and Stijn Claessens, . "Enterprise Performance and Managers' Profiles," William Davidson Institute Working Papers Series 115, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
    2. Frydman, Roman & Gray, Cheryl & Hessel, Marek & Rapaczynski, Andrzej, 1997. "Private Ownership and Corporate Performance: Some Lessons from Transition Economies," Working Papers 97-28, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
    3. Frydman, Roman & Gray, Cheryl & Hessel, Marek P. & Rapaczynski, Andrzej, 1998. "When Does Privatization Work? The Impact of Private Ownership on Corporate Performance in the Transition Economies," Working Papers 98-32, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
    4. Richard B. Goud Jr., 2002. "Ownership and Firm Performance: Evidence from 25 Countries in Central and Eastern Europe and the Former Soviet Union," Development and Comp Systems 0207002, EconWPA. [Downloadable!]
    5. Alberto Chong & Florencio Lopez-de-Silanes, 2003. "The Truth About Privatization in Latin America," RES Working Papers 3180, Inter-American Development Bank, Research Department. [Downloadable!]
      Other versions:
    6. Alan Bevan & Saul Estrin & Mark E. Schaffer, 1999. "Determinants of Enterprise Performance during Transition," CERT Discussion Papers 9903, Centre for Economic Reform and Transformation, Heriot Watt University. [Downloadable!]
    7. Frydman, Roman & Gray, Cheryl W. & Hessel, Marek & Rapaczynski, Andrzej, 1997. "Private ownership and corporate performance : some lessons from transition economies," Policy Research Working Paper Series 1830, The World Bank. [Downloadable!]
    8. Djankov, Simeon & Pohl, Gerhard, 1997. "The restructuring of large firms in Slovakia," Policy Research Working Paper Series 1758, The World Bank. [Downloadable!]
    9. Xiaonian Xu & Yan Wang, 1997. "Ownership structure, corporate governance, and corporate performance : the case of Chinese stock companies," Policy Research Working Paper Series 1794, The World Bank. [Downloadable!]
    10. Wang, Hua & Jin, Yanhong, 2002. "Ownership And Industrial Pollution Control: Evidence From China," 2002 Annual meeting, July 28-31, Long Beach, CA 19671, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
    11. Cull, Robert & Matesova, Jana & Shirley, Mary, 2001. "Ownership structure and the temptation to loot : evidence from privatized firms in the Czech Republic," Policy Research Working Paper Series 2568, The World Bank. [Downloadable!]
    12. Willner, Johan & Parker, David, 2002. "The Relative Performance of Public and Private Enterprise Under Conditions of Active and Passive Ownership," Centre on Regulation and Competition (CRC) Working papers 30591, University of Manchester, Institute for Development Policy and Management (IDPM). [Downloadable!]
    13. Ondrej Vychodil, 2005. "Ownership Concentration and Restructuring in Czech Manufacturing Sector," Finance 0511004, EconWPA. [Downloadable!]
    14. Gordon, Roger H, 2001. "Taxes and Privatization," CEPR Discussion Papers 2977, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    15. Claessens, Stijn & Djankov, Simeon, 1998. "Politicians and firms in seven central and eastern European countries," Policy Research Working Paper Series 1954, The World Bank. [Downloadable!]
    16. Hua Wang & Yanhong Jin, 2002. "Industrial ownership and environmental performance : evidence from China," Policy Research Working Paper Series 2936, The World Bank. [Downloadable!]
      Other versions:
    17. Jana Fidrmucova, 2000. "Channels of Restructuring in Privatized Czech Companies," Econometric Society World Congress 2000 Contributed Papers 1358, Econometric Society. [Downloadable!]
    18. Marc Duponcel, 1998. "Restructuring of food industries in the five Central and Eastern European front-runners towards EU membership (CEEC-5). A comparative review," CERT Discussion Papers 9806, Centre for Economic Reform and Transformation, Heriot Watt University. [Downloadable!]
    19. Debora Revoltella, 2001. "Financing Enterprises in the Czech Republic: Debt and Firm-specific Variables," Economic Change and Restructuring, Springer, vol. 34(3), pages 231-246, October. [Downloadable!] (restricted)
    20. Nicoletti, Giuseppe & Scarpetta, Stefano, 2003. "Regulation, productivity, and growth : OECD evidence," Policy Research Working Paper Series 2944, The World Bank. [Downloadable!]
      Other versions:
    21. Mauricio Garrón B. & Carlos Gustavo Machicado & Katherina Capra, 2003. "Privatization in Bolivia: The Impact on Firm Performance," RES Working Papers 3154, Inter-American Development Bank, Research Department. [Downloadable!]

  49. Stijn Claessens & Simeon Djankov & Gerhard Pohl, 1997. "Determinants of Performance of Manufacturing Firms in Seven European Transition Economies," William Davidson Institute Working Papers Series 74, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]

    Cited by:

    1. Djankov, Simeon & Pohl, Gerhard, 1997. "The restructuring of large firms in Slovakia," Policy Research Working Paper Series 1758, The World Bank. [Downloadable!]
    2. Frydman, Roman & Gary, Cheryl & Hessel, Marek & Rapaczynski, Andrzej, 1999. "The Limits of Discipline," Transition Economics Series 5, Institute for Advanced Studies. [Downloadable!]

  50. Claessens, Stijn, 1996. "Banking reform in transition countries," Policy Research Working Paper Series 1642, The World Bank. [Downloadable!]

    Cited by:

    1. Patrick Honohan, 1998. "Diagnosing Banking System Failures in Developing Countries," Papers WP093, Economic and Social Research Institute (ESRI). [Downloadable!]
    2. Montes-Negret, Fernando & Papi, Luca, 1997. "The Polish experience with bank and enterprise restructuring," Policy Research Working Paper Series 1705, The World Bank. [Downloadable!]
    3. Giovanni Ferri, 2008. "Banking In China: Are New Tigers Supplanting the Mammoths?," Working Papers 052008, Hong Kong Institute for Monetary Research. [Downloadable!]
    4. Soest, A.H.O. van & Peresetsky, A. & Karminsky, A.M., 2003. "An Analysis of Ratings of Russian Banks," Discussion Paper 2003-85, Tilburg University, Center for Economic Research. [Downloadable!]
    5. Fleming, Alex & Lily Chu & Bakker, Marie-Renee, 1996. "The Baltics - Banking crises observed," Policy Research Working Paper Series 1647, The World Bank. [Downloadable!]
    6. Delis, Manthos D & Staikouras, Panagiotis, 2009. "On-site audits, sanctions, and bank risk-taking: An empirical overture towards a novel regulatory and supervisory philosophy," MPRA Paper 16836, University Library of Munich, Germany. [Downloadable!]
    7. Grigorian, David A. & Manole, Vlad, 2002. "Determinants of commercial bank performance in transition - an application of data envelopment analysis," Policy Research Working Paper Series 2850, The World Bank. [Downloadable!]
      Other versions:

  51. Claessens, Stijn & Detragiache, Enrica & Kanbur, Ravi & Wickham, Peter, 1996. "Analytical aspects of the debt problems of heavily indebted poor countries," Policy Research Working Paper Series 1618, The World Bank. [Downloadable!]

    Cited by:

    1. Marco Arnone & Luca Bandiera & Andrea Presbitero, 2005. "External Debt Sustainability: Theory and Empirical Evidence," International Finance 0512007, EconWPA. [Downloadable!]
    2. Ralf Hepp, 2005. "Can Debt Relief Buy Growth?," International Finance 0510003, EconWPA. [Downloadable!]
      Other versions:
    3. Patricia Alvarez-Plata & Tilman Brück, 2006. "External Debt in Post-Conflict Countries," Discussion Papers of DIW Berlin 613, DIW Berlin, German Institute for Economic Research. [Downloadable!]
      Other versions:
    4. Ratha, Dilip, 2001. "Demand for World Bank lending," Policy Research Working Paper Series 2652, The World Bank. [Downloadable!]
      Other versions:
    5. Robert Powell, 2003. "Debt Relief, Additionality, and Aid Allocation in Low Income Countries," IMF Working Papers 03/175, International Monetary Fund. [Downloadable!]
    6. Birdsall, Nancy & Claessens, Stijn & Diwan, Ishac, 2002. "Will HIPC Matter? The Debt Game and Donor Behaviour in Africa," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
      Other versions:
    7. Ralf Hepp, 2005. "Health Expenditures Under the HIPC Debt Initiative," International Finance 0510005, EconWPA. [Downloadable!]
    8. Menbere Workie Tiruneh, 2004. "An Empirical Investigation Into The Determinants Of External Indebtedness," Prague Economic Papers, University of Economics, Prague, vol. 2004(3), pages 261-277. [Downloadable!] (restricted)
    9. Hoffmann, M., 2002. "Cross-Country Evidence on the Link between the Level of Infrastructure and Capital Inflows," CEG Working Papers 20024, Trinity College Dublin, Department of Economics. [Downloadable!]
    10. Mathias Hoffmann, 2002. "Cross-Country Evidence on the Link between the Level of Infrastructure and Capital Inflows," Trinity Economics Papers 200210, Trinity College Dublin, Department of Economics. [Downloadable!]

  52. Classens, S. & Dooley, M.P. & Warner, A., 1995. "Portfolio Capital Flows: Hot or Cold," Papers 501, Harvard - Institute for International Development.
    Published as:

    Cited by:

    1. Renu Kohli, 2004. "Capital Flows and Domestic Financial Sector in India," International Finance 0405012, EconWPA. [Downloadable!]
    2. Thomas D. Willett & Aida Budiman & Arthur Denzau & Gab-Je Jo & Cesar Ramos & John Thomas, 2001. "The Falsification of Four Popular Hypotheses about International Financial Behavior during the Asian Crisis," Claremont Colleges Working Papers 2001-06, Claremont Colleges, revised Sep 2001. [Downloadable!]
    3. Kinga Z. Elo, 2007. "The Effect of Capital Controls on Foreign Direct Investment Decisions Under Country Risk with Intangible Assets," IMF Working Papers 07/79, International Monetary Fund. [Downloadable!]
    4. Melike Altinkemer, 2001. "Capital Inflows And Central Bank’s Policy Response," Discussion Papers 0103, Research and Monetary Policy Department, Central Bank of the Republic of Turkey. [Downloadable!]
    5. Graham Bird, 1999. "How important is sound domestic macroeconomics in attracting capital inflows to developing countries?," Journal of International Development, John Wiley & Sons, Ltd., vol. 11(1), pages 1-26.
    6. Ajit Singh, 2002. "Capital account liberalization, free long-term capital flows, financial crises and economic development," ESRC Centre for Business Research - Working Papers wp245, ESRC Centre for Business Research. [Downloadable!]
      Other versions:
    7. Eduardo Fernández-Arias & Ricardo Hausmann, 2000. "Is FDI a Safer Form of Financing?," RES Working Papers 4201, Inter-American Development Bank, Research Department. [Downloadable!]
    8. Edsel L. Beja, Jr., 2006. "Revisiting the Revolving Door: Capital Flight from Southeast Asia," Working Papers 16, United Nations, Department of Economics and Social Affairs. [Downloadable!]
    9. Hui Tong & Shang-Jin Wei, 2009. "The Composition Matters: Capital Inflows and Liquidity Crunch during a Global Economic Crisis," NBER Working Papers 15207, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    10. Renu Kohli, 2001. "Capital Flows and Their Macroeconomic Effects in India," IMF Working Papers 01/192, International Monetary Fund. [Downloadable!]
    11. Cuddington, John T., 1997. "Analyzing the sustainability of fiscal deficitsin developing countries," Policy Research Working Paper Series 1784, The World Bank. [Downloadable!]
    12. Christian Daude & Marcel Fratzscher, 2006. "The pecking order of cross-border investment," Working Paper Series 590, European Central Bank. [Downloadable!]
      Other versions:
    13. Alejandro Izquierdo & Jacques Morriset & Marcelo Olarreaga, 2003. "Difusión de la información en mercados internacionales," RES Working Papers 4336, Inter-American Development Bank, Research Department. [Downloadable!]
    14. Silvio Contessi & Pierangelo De Pace & Johanna Francis, 2009. "The Cyclical Properties of Disaggregated Capital Flows," Fordham Economics Discussion Paper Series dp2009-05, Fordham University, Department of Economics. [Downloadable!]
      Other versions:
    15. Carlos Andrés Amaya & Peter Rowland, . "Determinants of Investment Flows into Emerging Markets," Borradores de Economia 313, Banco de la Republica de Colombia. [Downloadable!]
    16. Claudia M. Buch & Lusine Lusinyan, 2000. "Determinants of Short-Term Debt," Kiel Working Papers 994, Kiel Institute for the World Economy. [Downloadable!]
    17. Leonardo Hernández & Mark S. Carlson, 2002. "Determinants and Repercussions of the Composition of Capital Inflows," IMF Working Papers 02/86, International Monetary Fund. [Downloadable!]
    18. Mark Carlson & Leonardo Hernandez, 2002. "Determinants and repercussions of the composition of capital inflows," International Finance Discussion Papers 717, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    19. Ricardo Hausmann & Eduardo Fernández-Arias, 2000. "Inversión extranjera directa: ¿Buen colesterol?," RES Working Papers 4204, Inter-American Development Bank, Research Department. [Downloadable!]
    20. Steven B. Kamin & Paul R. Wood, 1997. "Capital inflows, financial intermediation, and aggregate demand," International Finance Discussion Papers 583, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    21. Islam, Roumeen, 2000. "Should capital flows be regulated? - a look at the issues and policies," Policy Research Working Paper Series 2293, The World Bank. [Downloadable!]
    22. Eswar Prasad & Shang-Jin Wei, 2005. "The Chinese Approach to Capital Inflows: Patterns and Possible Explanations," NBER Working Papers 11306, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    23. Geert Bekaert & Campbell R. Harvey, 1998. "Capital Flows and the Behavior of Emerging Market Equity Returns," NBER Working Papers 6669, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    24. Ilan Goldfajn, 2000. "The swings in capital flows and the brazilian crisis," Textos para discussão 422, Department of Economics PUC-Rio (Brazil). [Downloadable!]
    25. Francisco Rosende, 1996. "Política Monetaria y Movimiento de Capital en Chile," Cuadernos de Economía (Latin American Journal of Economics), Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 33(98), pages 9-46. [Downloadable!]
    26. Alejandro Izquierdo & Jacques Morriset & Marcelo Olarreaga, 2003. "Information Diffusion in International Markets," RES Working Papers 4335, Inter-American Development Bank, Research Department. [Downloadable!]
      Other versions:
    27. Graham Bird & Dane Rowlands, 2000. "The catalyzing role of policy-based lending by the IMF and the World Bank: fact or fiction?," Journal of International Development, John Wiley & Sons, Ltd., vol. 12(7), pages 951-973.
    28. J Benson Durham, . "A Survey of the Econometric Literature on the Real Effects of International Capital Flows in Lower Income Countries," QEH Working Papers qehwps50, Queen Elizabeth House, University of Oxford. [Downloadable!]
    29. Sula, Ozan & Willett, Thomas D., 2006. "Reversibility of Different Types of Capital Flows to Emerging Markets," MPRA Paper 384, University Library of Munich, Germany. [Downloadable!]
    30. Graciela L. Kaminsky, 2004. "Flux internationaux de capitaux : bénédiction ou malédiction ?," Revue d’économie du développement, De Boeck Université, vol. 18(3), pages 83-119. [Downloadable!]
    31. Andrei A. Levchenko & Paolo Mauro, 2006. "Do Some Forms of Financial Flows Help Protect from Sudden Stops?," IMF Working Papers 06/202, International Monetary Fund. [Downloadable!]
    32. Moguillansky, Graciela, 2002. "Non-Financial Corporate Risk Management and Exchange Rate Volatility in Latin America," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
    33. Carneiro, Ricardo de Medeiros, 1999. "Globalização financeira e inserção periférica," Revista Economia e Sociedade, Instituto de Economia, Universidade Estadual de Campinas (UNICAMP), vol. 12, pages 36, January. [Downloadable!]
    34. Melike Altinkemer, 2005. "Recent Experiences with Capital Controls : Is There A Lesson for Turkey?," Central Bank Review, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, vol. 5(2), pages 1-38. [Downloadable!]
    35. Dr. Claudia M. Buch, 2000. "What Determines Maturity? An Analysis for Foreign Assets of German Commercial Banks," Kiel Working Papers 974, Kiel Institute for the World Economy. [Downloadable!]
    36. Dilip K. Das, 2001. "Stimulants to capital inflows into emerging markets and the recent role of speculators," Journal of International Development, John Wiley & Sons, Ltd., vol. 13(1), pages 25-44. [Downloadable!]
    37. Sula, Ozan, 2006. "Surges and Sudden Stops of Capital Flows to Emerging Markets," MPRA Paper 383, University Library of Munich, Germany. [Downloadable!]
    38. Chuhan, Punam & Perez-Quiros, Gabriel & Popper, Helen, 1996. "International capital flows : do short-term investment and direct investment differ?," Policy Research Working Paper Series 1669, The World Bank. [Downloadable!]
    39. Carlos Andrés Amaya G. & Peter Rowland, 2004. "Determinants Of Investment Flows Into Emerging Markets," BORRADORES DE ECONOMIA 002334, BANCO DE LA REPÚBLICA. [Downloadable!]
    40. Ricardo Hausmann & Eduardo Fernández-Arias, 2000. "Foreign Direct Investment: Good Cholesterol?," RES Working Papers 4203, Inter-American Development Bank, Research Department. [Downloadable!]
    41. Rui Albuquerque, 2004. "The Composition of International Capital Flows: Risk Sharing Through Foreign Direct Investment," International Finance 0405004, EconWPA. [Downloadable!]
      Other versions:
    42. Itay Goldstein & Assaf Razin, 2003. "An Information-Based Trade Off Between Foreign Direct Investment and Foreign Portfolio Investment: Volatility, Transparency, and Welfare," NBER Working Papers 9426, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    43. J Benson Durham, . "Econometrics of the Real Effects of Cross-Border Capital Flows in Emerging Markets," QEH Working Papers qehwps52, Queen Elizabeth House, University of Oxford. [Downloadable!]
    44. John T. Cuddington, 1997. "Analysing the Sustainability of Fiscal Deficits in Developing Countries," International Finance 9706001, EconWPA. [Downloadable!]
    45. Mody, Ashoka & Taylor, Mark P, 2003. "International Capital Crunches: The Time-Varying Role of Informational Asymmetries," CEPR Discussion Papers 3757, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    46. Knill, April M., 2005. "Taking the bad with the good : volatility of foreign portfolio investment and financial constraints of small firms," Policy Research Working Paper Series 3797, The World Bank. [Downloadable!]
    47. Louis Kasekende & Damoni Kitabire & Matthew Martin, 1998. "Capital Inflows and Macroeconomic Policy in Sub-Saharan Africa," Macroeconomics 9809005, EconWPA. [Downloadable!]
    48. Wong, Clement Yuk-pang & Cheung, Yin-Wong, 2008. "Are All Measures of International Reserves Created Equal? An Empirical Comparison of International Reserve Ratios," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy, vol. 2(15), pages 1-61. [Downloadable!]
      Other versions:
    49. Nikolai Flexner, 2003. "Foreign Direct Investment and Economic Growth in Bolivia, 1990- 1998," Macroeconomics 0309009, EconWPA, revised 26 Nov 2003. [Downloadable!]
    50. Agenor, Pierre-Richard, 2001. "Benefits and costs of international financial integration : theory and facts," Policy Research Working Paper Series 2699, The World Bank. [Downloadable!]
      Other versions:
    51. Lane, Philip R. & Milesi-Ferretti, Gian Maria, 2000. "External Capital Structure: Theory and Evidence," CEPR Discussion Papers 2583, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    52. Eduardo Fernández-Arias & Ricardo Hausmann, 2000. "Es la IED una manera más segura de financiamiento?," RES Working Papers 4202, Inter-American Development Bank, Research Department. [Downloadable!]
    53. Jeffrey Sachs & Aaron Tornell & Andres Velasco, 1996. "Financial Crises in Emerging Markets: The Lessons from 1995," NBER Working Papers 5576, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    54. Merih Uctum & Remzi Uctum, 2005. "Portfolio Flows, Foreign Direct Investment, Crises," Computing in Economics and Finance 2005 224, Society for Computational Economics. [Downloadable!]
    55. John T. Cuddington & Hong Liang & Shihua Lu, 1996. "Uncertainty, Trade, and Capital Flows in Sub-Saharan Africa," International Finance 9602002, EconWPA. [Downloadable!]
    56. Jane Sneddon Little & Giovanni P. Olivei, 1999. "Why the interest in reforming the International Monetary System?," New England Economic Review, Federal Reserve Bank of Boston, issue Sep, pages 53-84. [Downloadable!]
    57. Renu Kohli, 2004. "Capital Account Liberalisation: Empirical Evidence and Policy Capital Account Liberalisation: Empirical Evidence and Policy Issues - I," International Finance 0405008, EconWPA. [Downloadable!]
    58. Joseph Joyce & Linda Kamas, 1997. "The relative importance of foreign and domestic shocks to output and prices in Mexico and Colombia," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 133(3), pages 458-478, September. [Downloadable!] (restricted)

  53. Fry, Maxwell J. & Claessens,Constantijn A. & Burridge, Peter & Blanchet, Marie-Christine, 1995. "Foreign direct investment, other capital flows, and current account deficits : what causes what?," Policy Research Working Paper Series 1527, The World Bank. [Downloadable!]

    Cited by:

    1. Brahmbhatt, Milan & Srinivasan, T.G. & Murrell, Kim, 1996. "India in the global economy," Policy Research Working Paper Series 1681, The World Bank. [Downloadable!]
    2. Sabine Herrmann & Adalbert Winkler, 2009. "Financial markets and the current account: emerging Europe versus emerging Asia," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 145(3), pages 531-550, October. [Downloadable!] (restricted)
    3. Siddiqui, Danish Ahmed & Ahmad, Mohsin Hasnain, 2007. "The Causal Relationship between Foreign Direct Investment and Current Account: An Empirical Investigation for Pakistan Economy," MPRA Paper 19743, University Library of Munich, Germany. [Downloadable!]

  54. Claessens, Stijn & Dasgupta, Susmita & Glen, Jack, 1995. "The cross-section of stock returns : evidence from emerging markets," Policy Research Working Paper Series 1505, The World Bank. [Downloadable!]

    Cited by:

    1. John Fernald & John H. Rogers, 2000. "Puzzles in the Chinese stock market," Working Paper Series WP-00-13, Federal Reserve Bank of Chicago. [Downloadable!]
      Other versions:
    2. Hart, J. van der & Zwart, G.J. de & Dijk, D.J.C. van, 2005. "The Success Of Stock Selection Strategies In Emerging Markets: Is It Risk Or Behavioral Bias?," Research Paper ERS-2005-012-F&A Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]
    3. Demirguc-Kunt, Asli & Levine, Ross, 1995. "Stock market development and financial intermediaries : stylized facts," Policy Research Working Paper Series 1462, The World Bank. [Downloadable!]
      Other versions:
    4. Shaun K. Roache & Matthew D. Merritt, 2006. "Currency Risk Premia in Global Stock Markets," IMF Working Papers 06/194, International Monetary Fund. [Downloadable!]
    5. Jaap van der Hart & Erica Slagter & Dick van Dijk, 2001. "Stock Selection Strategies in Emerging Markets," Tinbergen Institute Discussion Papers 01-009/4, Tinbergen Institute. [Downloadable!]
      Other versions:
    6. Korajczyk, Robert A., 1995. "A measure of stock market integration for developed and emerging markets," Policy Research Working Paper Series 1482, The World Bank. [Downloadable!]
      Other versions:
    7. Swee Sum Lam & William Wee-Lian Ang, 2006. "Globalization and Stock Market Returns," Global Economy Journal, Berkeley Electronic Press, vol. 6(1). [Downloadable!]
    8. Paul F. G. Jansen & Willem F. C. Verschoor, 2004. "A note on transition stock return behaviour," Applied Economics Letters, Taylor and Francis Journals, vol. 11(1), pages 11-13, January. [Downloadable!] (restricted)

  55. Claessens, Stijn, 1995. "Corporate governance and equity prices : evidence from the Czech and Slovak Republics," Policy Research Working Paper Series 1427, The World Bank. [Downloadable!]
    Published as:

    Cited by:

    1. Claessens, Stijn & Djankov, Simeon & Pohl, Gerhard, 1997. "Ownership and corporate governance : evidence from the Czech Republic," Policy Research Working Paper Series 1737, The World Bank. [Downloadable!]
    2. Jan Hanousek & Evžen Ko?enda & Jan Svejnar, 2004. "Ownership, Control and Corporate Performance After Large-Scale Privatization," William Davidson Institute Working Papers Series 2004-652, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
      Other versions:
    3. Egerer, Roland, 1995. "Capital markets, financial intermediaries, and corporate governance : an empirical assessment of the top ten voucher funds in the Czech Republic," Policy Research Working Paper Series 1555, The World Bank. [Downloadable!]
    4. Renneboog, L.D.R. & Horst, J.R. ter & Zhang, C., 2007. "Socially Responsible Investments: Methodology, Risk Exposure and Performance," Discussion Paper 2007-013, Tilburg University, Tilburg Law and Economic Center. [Downloadable!]
    5. Dennis Mueller, 2006. "Corporate Governance and Economic Performance," International Review of Applied Economics, Taylor and Francis Journals, vol. 20(5), pages 623-643, December. [Downloadable!] (restricted)
    6. A. Marcincin & S. van Wijnbergen, 1997. "The Impact of Czech Privatisation Methods on Enterprise Performance Incorporating Initial Selection Bias Correction," CERT Discussion Papers 9704, Centre for Economic Reform and Transformation, Heriot Watt University. [Downloadable!]
    7. Lízal, Lubomír,, 2002. "Determinants of financial distress: what drives bankpruptcy in a transition economy? The Czech Republic case," Open Access publications from Charles University in Prague, Center for Economic Research and Graduate Education durcharlesuniprague.cz:66, Charles University in Prague, Center for Economic Research and Graduate Education. [Downloadable!]
      Other versions:
    8. Irena Jindrichovska & Stuart Mcleay, 2005. "Accounting for good news and accounting for bad news: Some empirical evidence from the Czech Republic," European Accounting Review, Taylor and Francis Journals, vol. 14(3), pages 635-655, January. [Downloadable!] (restricted)
    9. Aleksandra Jovanovic, 2001. "Legal rules, governance structures and financial systems," ICER Working Papers 19-2001, ICER - International Centre for Economic Research. [Downloadable!]
    10. Xiaonian Xu & Yan Wang, 1997. "Ownership structure, corporate governance, and corporate performance : the case of Chinese stock companies," Policy Research Working Paper Series 1794, The World Bank. [Downloadable!]
    11. Claessens, Stijn & Djankov, Simeon, 1999. "Ownership Concentration and Corporate Performance in the Czech Republic," CEPR Discussion Papers 2145, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    12. Simon Johnson & Andrei Shleifer, 1999. "Coase v. the Coasians," NBER Working Papers 7447, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    13. Dittus, Peter & Prowse, Stephen, 1995. "Corporate control in Central Europe and Russia : should banks own shares?," Policy Research Working Paper Series 1481, The World Bank. [Downloadable!]
    14. Jana Fidrmucova, 2000. "Channels of Restructuring in Privatized Czech Companies," Econometric Society World Congress 2000 Contributed Papers 1358, Econometric Society. [Downloadable!]
    15. Irena Grosfeld & Thierry Tressel, 2001. "Competition and Corporate Governance : Substitutes or Complements ? Evidence from the Warsaw Stock Exchange," DELTA Working Papers 2001-06, DELTA (Ecole normale supérieure). [Downloadable!]
      Other versions:
    16. Andrew Weiss & Georgiy A. Nikitin, 2004. "Foreign Portfolio Investment Improves Performance: Evidence from the Czech Republic," The B.E. Journal of Economic Analysis & Policy, Berkeley Electronic Press, vol. 0(1). [Downloadable!]
    17. Renneboog, L.D.R. & Horst, J.R. ter & Zhang, C., 2007. "Socially Responsible Investments: Methodology, Risk and Performance," Discussion Paper 2007-31, Tilburg University, Center for Economic Research. [Downloadable!]

  56. Claessens, Stijn & Moon-Whoan Rhee & DEC, 1994. "The effects of barriers on equity investment in developing countries," Policy Research Working Paper Series 1263, The World Bank. [Downloadable!]

    Cited by:

    1. Ercan Balaban, 1995. "Informational Efficiency of the Istanbul Securities Exchange and Some Rationale for Public Regulation," Discussion Papers 9502, Research and Monetary Policy Department, Central Bank of the Republic of Turkey. [Downloadable!]
    2. Ercan Balaban, 1995. "Some Empirics of the Turkish Stock Market," Discussion Papers 9508, Research and Monetary Policy Department, Central Bank of the Republic of Turkey. [Downloadable!]

  57. Fry, M.J. & Claessens, C.A. & Burridge, P. & Blanchet, M.C., 1994. "Foreing Direct Investment: What Causes What?," Papers 94-07, University of Birmingham - International Financial Group.

    Cited by:

    1. Ann Harrison & Ana Revenga, 1995. "The Effects of Trade Policy Reform: What Do We Really Know?," NBER Working Papers 5225, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

  58. Pohl, Gerhard & Claessens, Stijn & DEC, 1994. "Banks, capital markets, and corporate governance : lessons from Russia for Eastern Europe," Policy Research Working Paper Series 1326, The World Bank. [Downloadable!]

    Cited by:

    1. Honohan, Patrick & Vittas, Dimitri, 1996. "Bank regulation and the network paradigm : policy implications for developing and transition economies," Policy Research Working Paper Series 1631, The World Bank. [Downloadable!]

  59. Claessens, Stijn & Oks, Danel & van Wijnbergen, Sweder, 1994. "Interest Rates, Growth and External Debt: The Macroeconomic Impact of Mexico's Brady Deal," CEPR Discussion Papers 904, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:

    Cited by:

    1. Barbone, Luca & Forni, Lorenzo, 1997. "Are markets learning? : behavior in the secondary market for Brady bonds," Policy Research Working Paper Series 1734, The World Bank. [Downloadable!]
    2. Jonathan Eaton & Raquel Fernandez, 1995. "Sovereign Debt," NBER Working Papers 5131, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:

  60. Claessens, Stijn & Varangis, Panos & DEC, 1994. "Oil price instability, hedging, and an oil stabilization fund : the case of Venezuela," Policy Research Working Paper Series 1290, The World Bank. [Downloadable!]

    Cited by:

    1. Larson, Donald F. & Varangis, Panos & Yabuki, Nanae, 1998. "Commodity risk management and development," Policy Research Working Paper Series 1963, The World Bank. [Downloadable!]
    2. James Daniel, 2001. "Hedging Government Oil Price Risk," IMF Working Papers 01/185, International Monetary Fund. [Downloadable!]
    3. Gustavo Garcia Osio & Rafael Rodriguez Balza & Luis Marcano & Ricardo Penfold & Gustavo Sanchez, 1998. "La sostenibilidad de la política fiscal en el América Latina: El caso de Venezuela," RES Working Papers 3016, Inter-American Development Bank, Research Department. [Downloadable!]

  61. Claessens, S., 1993. "Risk Management in Developing Countries," Papers 235, World Bank - Technical Papers.

    Cited by:

    1. Godwin Nwaobi, 2005. "Securities Markets And Social Capital Integration In Africa: Risks And Policy Options," Finance 0512019, EconWPA. [Downloadable!]
    2. Varangis, Panos & Larson, Don, 1996. "Dealing with commodity price uncertainty," Policy Research Working Paper Series 1667, The World Bank. [Downloadable!]

  62. Stijn Claessens & Moon-Whoan Rhee, 1993. "The Effect of Equity Barriers on Foreign Investment in Developing Countries," NBER Working Papers 4579, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

    Cited by:

    1. Karen K. Lewis, 1998. "International Home Bias in International Finance and Business Cycles," NBER Working Papers 6351, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    2. Jeffrey A. Frankel & Chudozie Okongwu, 1995. "Liberalized Portfolio Capital Inflows in Emerging Capital Markets: Sterilization, Expectations, and the Incompleteness of Interest Rate Convergence," NBER Working Papers 5156, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    3. Joshua Aizenman, 1997. "International Portfolio Diversification with Generalized Expected Utility Preferences," NBER Working Papers 5965, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:

  63. Claessens, S. & Gooptu, S., 1993. "Portfolio Investment in Developing Countries," World Bank - Discussion Papers 228, World Bank.

    Cited by:

    1. Stijn Claessens & Moon-Whoan Rhee, 1993. "The Effect of Equity Barriers on Foreign Investment in Developing Countries," NBER Working Papers 4579, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    2. Flôres Junior, Renato Galvão & Araújo, Carlos Hamilton Vasconcelos, 2002. "Foreign funding to an emerging market: the Monetary Premium Theory and the Brazilian Case, 1991 - 1998," Economics Working Papers (Ensaios Economicos da EPGE) 459, Graduate School of Economics, Getulio Vargas Foundation (Brazil). [Downloadable!]
    3. Reinhart, Carmen & Montiel, Peter, 2001. "The Dynamics of Capital Movements to Emerging Economies During the 1990s," MPRA Paper 7577, University Library of Munich, Germany. [Downloadable!]
    4. Godwin Nwaobi, 2005. "Securities Markets And Social Capital Integration In Africa: Risks And Policy Options," Finance 0512019, EconWPA. [Downloadable!]
    5. Goopu, Sudarshan, 1996. "The analysis of emerging policy issues in development finance," Policy Research Working Paper Series 1589, The World Bank. [Downloadable!]
    6. Ercan Balaban, 1994. "Day of the Week Effects : New Evidence from an Emerging Stock Market," Discussion Papers 9410, Research and Monetary Policy Department, Central Bank of the Republic of Turkey. [Downloadable!]
    7. Jean-François L'Her & Jean-Marc Suret, 1997. "Liberalization, Political Risk and Stock Market Returns in Emerging Markets," CIRANO Working Papers 97s-15, CIRANO. [Downloadable!]
    8. Dani Rodrik, 1995. "Why is there Multilateral Lending?," NBER Working Papers 5160, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    9. Ercan Balaban, 1995. "Informational Efficiency of the Istanbul Securities Exchange and Some Rationale for Public Regulation," Discussion Papers 9502, Research and Monetary Policy Department, Central Bank of the Republic of Turkey. [Downloadable!]
    10. Gooptu, Sudarshan, 1994. "Are porfolio flows to emerging markets complementary or competitive?," Policy Research Working Paper Series 1360, The World Bank. [Downloadable!]
    11. Geert Bekaert & Campbell R. Harvey, 1998. "Capital Flows and the Behavior of Emerging Market Equity Returns," NBER Working Papers 6669, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    12. Benjamin Miranda Tabak & Eduardo José Araújo Lima, 2002. "The Effects of the Brazilian ADRs Program on Domestic Market Efficiency," Working Papers Series 43, Central Bank of Brazil, Research Department. [Downloadable!]
    13. Geert Bekaert & Campbell R. Harvey, 1994. "Time-Varying World Market Integration," NBER Working Papers 4843, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    14. Goldstein, Morris, 1995. "Coping with too much of a good thing : policy responses for large capital inflows in developing countries," Policy Research Working Paper Series 1507, The World Bank. [Downloadable!]
    15. Claessens, Stijn & Moon-Whoan Rhee & DEC, 1994. "The effects of barriers on equity investment in developing countries," Policy Research Working Paper Series 1263, The World Bank. [Downloadable!]
    16. Jeffrey Frankel & Sergio Schmukler, 1996. "Country fund discounts and the mexican crisis of December 1994: Did local residents turn pessimistic before international investors?," Open Economies Review, Springer, vol. 7(1), pages 511-534, March. [Downloadable!] (restricted)
      Other versions:
    17. Jeffrey A. Frankel, 1994. "The Internationalization of Equity Markets," NBER Working Papers 4590, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    18. Lamberte, Mario B., 1994. "Managing Surges in Capital Inflows: The Philippines Case," Discussion Papers DP 1994-20, Philippine Institute for Development Studies. [Downloadable!]
      Other versions:
    19. Ercan Balaban, 1995. "Some Empirics of the Turkish Stock Market," Discussion Papers 9508, Research and Monetary Policy Department, Central Bank of the Republic of Turkey. [Downloadable!]
    20. Martin Mayer, . "The Asian Disease: Plausible Diagnoses, Possible Remedies, Regulation of Cross-Border Interbank Lending and Derivatives Trade," Economics Public Policy Brief Archive 44, Levy Economics Institute, The. [Downloadable!]
    21. Frankel, Jeffrey A. & Schmukler, Sergio L., 1998. "Country funds and asymmetric information," Policy Research Working Paper Series 1886, The World Bank. [Downloadable!]
      Other versions:
    22. John Clark & Elizabeth Berko, 1997. "Foreign investment fluctuations and emerging market stock returns: the case of Mexico," Staff Reports 24, Federal Reserve Bank of New York. [Downloadable!]

  64. Chuhan, Punam & Claessens,Constantijn A. & Mamingi, Nlandu, 1993. "Equity and bond flows to Asia and Latin America : the role of global and country factors," Policy Research Working Paper Series 1160, The World Bank. [Downloadable!]

    Cited by:

    1. William C. Gruben, 1996. "Policy priorities and the Mexican exchange rate crisis," Economic and Financial Policy Review, Federal Reserve Bank of Dallas, issue Q I, pages 19-29. [Downloadable!]
    2. Alberto Chong & Alejandro Izquierdo & Alejandro Micco & Ugo Panizza, 2003. "Corporate Governance and Private Capital Flows to Latin America," RES Working Papers 4323, Inter-American Development Bank, Research Department. [Downloadable!]
    3. William Miles, 2002. "The Barings Crisis in Argentina: the role of exogenous European money market factors," Review of Political Economy, Taylor and Francis Journals, vol. 14(1), pages 5-29, January. [Downloadable!] (restricted)
    4. Goopu, Sudarshan, 1996. "The analysis of emerging policy issues in development finance," Policy Research Working Paper Series 1589, The World Bank. [Downloadable!]
    5. Angelos A. Antzoulatos, 1996. "Capital flows & current account deficits in the 1990s: why did Latin America & East Asian countries respond differently?," Research Paper 9610, Federal Reserve Bank of New York. [Downloadable!]
    6. Alberto Chong & Alejandro Izquierdo & Alejandro Micco & Ugo Panizza, 2003. "Conducción empresarial y flujos de capitales privados hacia América Latina," RES Working Papers 4324, Inter-American Development Bank, Research Department. [Downloadable!]
    7. Carmen M. Reinhart & Vincent R. Reinhart, 2008. "Capital Flow Bonanzas: An Encompassing View of the Past and Present," NBER Working Papers 14321, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    8. Goldstein, Morris, 1995. "Coping with too much of a good thing : policy responses for large capital inflows in developing countries," Policy Research Working Paper Series 1507, The World Bank. [Downloadable!]
    9. Levent, Korap & Özgür , Aslan, 2007. "Exogenous characteristics of short-term capital flows: can they be under control? evidence from Turkey," MPRA Paper 19504, University Library of Munich, Germany. [Downloadable!]
    10. Hernandez, Leonardo & Rudolph, Heinz, 1995. "Sustainability of private capital flows to developing countries : Is a generalized reversal likely?," Policy Research Working Paper Series 1518, The World Bank. [Downloadable!]
    11. Angelos A. Antzoulatos, 1997. "On the determinants and resilience of bond flows to LDCs, 1990-1995: evidence from Argentina, Brazil and Mexico," Research Paper 9703, Federal Reserve Bank of New York. [Downloadable!]
    12. Leonardo Hernández & Heinz Rudolph, 1997. "Sustainability of Private Capital Flows to Developing Countries: Is a Generalized Reversal Likely?," Cuadernos de Economía (Latin American Journal of Economics), Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 34(102), pages 237-266. [Downloadable!]

  65. Claessens, Stijn & Naude, David, 1993. "Recent estimates of capital flight," Policy Research Working Paper Series 1186, The World Bank. [Downloadable!]

    Cited by:

    1. Michael P. Dooley & Kenneth M. Kletzer, 1994. "Capital Flight, External Debt and Domestic Policies," NBER Working Papers 4793, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    2. Bigsten, Arne, 1998. "Can Aid Generate Growth in Africa?," Working Papers in Economics 3, Göteborg University, Department of Economics. [Downloadable!]
    3. Islam, Roumeen, 2000. "Should capital flows be regulated? - a look at the issues and policies," Policy Research Working Paper Series 2293, The World Bank. [Downloadable!]
    4. Collier, Paul & Hoeffler, Anke & Pattillo, Catherine, 1999. "Flight capital as a portfolio choice," Policy Research Working Paper Series 2066, The World Bank. [Downloadable!]
      Other versions:
    5. Pasricha, Gurnain Kaur, 2008. "Imperfect Competition in Financial Markets and Capital Controls: A Model and a Test," MPRA Paper 12125, University Library of Munich, Germany. [Downloadable!]
    6. Andrew Powell & Dilip Ratha & Sanket Mohapatra, 2002. "Capital Inflows and Capital Outflows: Measurement, Determinants, Consequences," Business School Working Papers veinticinco, Universidad Torcuato Di Tella. [Downloadable!]
    7. Arnab K. Basu & Nancy H. Chau, 2004. "A Risk-Based Rationale for Two-way Capital Flows: Why Do Capital Flights and Inward Foreign Direct Investments Co-exist?," Working Papers 04, Department of Economics, College of William and Mary. [Downloadable!]
      Other versions:
    8. Lisa M. Schineller, 1997. "A nonlinear econometric analysis of capital flight," International Finance Discussion Papers 594, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    9. Melike Altinkemer, 1996. "Capital Flows : The Turkish Case," Discussion Papers 9601, Research and Monetary Policy Department, Central Bank of the Republic of Turkey. [Downloadable!]
    10. Léonce Ndikumana & James Boyce, 2000. "Is Africa a Net Creditor? New Estimates of Capital Flight from Severely Indebted Sub-Saharan African Countries, 1970-1996," Working Papers wp5, Political Economy Research Institute, University of Massachusetts at Amherst. [Downloadable!]
      Other versions:
    11. Nathan Sheets, 1995. "Capital flight from the countries in transition: some theory and empirical evidence," International Finance Discussion Papers 514, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    12. Hermes, Niels & Lensink, Robert & Murinde, Victor, 2002. "Flight Capital and its Reversal for Development Financing," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
    13. Lisa M. Schineller, 1997. "An econometric model of capital flight from developing countries," International Finance Discussion Papers 579, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]

  66. Claessens, Stijn, 1993. "Equity portfolio investment in developing countries : a literature survey," Policy Research Working Paper Series 1089, The World Bank. [Downloadable!]

    Cited by:

    1. Gooptu, Sudarshan, 1994. "Are porfolio flows to emerging markets complementary or competitive?," Policy Research Working Paper Series 1360, The World Bank. [Downloadable!]

  67. Kroner, Kenneth F. & Kneafsey, Devin P. & Claessens, Stijn & DEC, 1993. "Forecasting volatility in commodity markets," Policy Research Working Paper Series 1226, The World Bank. [Downloadable!]

    Cited by:

    1. Christopher J. Neely, 2004. "Forecasting foreign exchange volatility: why is implied volatility biased and inefficient? and does it matter?," Working Papers 2002-017, Federal Reserve Bank of St. Louis. [Downloadable!]
      Other versions:
    2. José Manuel Campa & P.H. Kevin Chang & James F. Refalo, 1999. "An Options-Based Analysis of Emerging Market Exchange Rate Expectations: Brazil's Real Plan, 1994-1997," Working Papers 99-08, New York University, Leonard N. Stern School of Business, Department of Economics. [Downloadable!]
      Other versions:
    3. Jose M. Campa & P.H. Kevin Chang & Robert L. Reider, 1997. "Implied Exchange Rate Distributions: Evidence from OTC Option Markets," NBER Working Papers 6179, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    4. Geyser, M. & Cutts, M., 2007. "SAFEX maize price volatility scrutinised," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 46(3), September. [Downloadable!]
    5. Shao, Renyuan & Roe, Brian, 2001. "Underpinnings for Prospective, Net Revenue Forecasting in Hog Finishing: Characterizing the Joint Distribution of Corn, Soybean Meal and Lean Hogs Time Series," 2001 Annual meeting, August 5-8, Chicago, IL 20664, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
    6. Christian Walter & Jose Lopez, 1997. "Is implied correlation worth calculating? Evidence from foreign exchange options and historical data," Research Paper 9730, Federal Reserve Bank of New York. [Downloadable!]
      Other versions:
    7. Jose A. Lopez, 1995. "Evaluating the predictive accuracy of volatility models," Research Paper 9524, Federal Reserve Bank of New York. [Downloadable!]
      Other versions:
    8. Christian Dunis & Jason Laws & Stéphane Chauvin, 2003. "FX volatility forecasts and the informational content of market data for volatility," European Journal of Finance, Taylor and Francis Journals, vol. 9(3), pages 242-272, June. [Downloadable!] (restricted)
    9. Jose M. Campa & P. H. Kevin Chang, 1997. "The Forecasting Ability of Correlations Implied in Foreign Exchange Options," NBER Working Papers 5974, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:

  68. Arrau, Patricio & Claessens, Stijn, 1992. "Commodity stabilization funds," Policy Research Working Paper Series 835, The World Bank. [Downloadable!]

    Cited by:

    1. Larson, Donald F. & Varangis, Panos & Yabuki, Nanae, 1998. "Commodity risk management and development," Policy Research Working Paper Series 1963, The World Bank. [Downloadable!]
    2. James Daniel, 2001. "Hedging Government Oil Price Risk," IMF Working Papers 01/185, International Monetary Fund. [Downloadable!]
    3. Joshua Aizenman, 1995. "Optimal Buffer Stocks and Precautionary Savings with Disappointment Aversion," NBER Working Papers 5361, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    4. Olivia S. Mitchell & John Piggott & Cagri Kumru, 2008. "Managing Public Investment Funds: Best Practices and New Challenges," NBER Working Papers 14078, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

  69. Claessens, Stijn & Diwan, Ishac & Fernandez-Arias, Eduardo, 1992. "Recent experience with commercial bank debt reduction," Policy Research Working Paper Series 995, The World Bank. [Downloadable!]

    Cited by:

    1. Craig Burnside & Domenico Fanizza, 2004. "Hiccups for HIPCs?," NBER Working Papers 10903, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    2. Spiegel, M.M., 1992. ""Burden Sharing" in Sovereign Debt Reduction," Working Papers 92-41, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
      Other versions:
    3. Montiel, Peter J., 1993. "Fiscal aspects of developing countrydebt problems and debt and debt-service reduction operations : a conceptual framework," Policy Research Working Paper Series 1073, The World Bank. [Downloadable!]
    4. Fernandez-Arias, Eduardo & DEC, 1994. "The new wave of private capital inflows : push or pull?," Policy Research Working Paper Series 1312, The World Bank. [Downloadable!]
      Other versions:
    5. Charles C. Chang & Eduardo Fernández-Arias & Luis Serven, 1998. "Cuantificación de los flujos de asistencia: un nuevo enfoque," RES Working Papers 4147, Inter-American Development Bank, Research Department. [Downloadable!]
    6. Charles C. Chang & Eduardo Fernández-Arias & Luis Serven, 1998. "Measuring Aid Flows: A New Approach," RES Working Papers 4146, Inter-American Development Bank, Research Department. [Downloadable!]
      Other versions:
    7. Craig Burnside & Domenico Fanizza, 2005. "Hiccups for HIPCs? Implications of Debt Relief for Fiscal Sustainability and Monetary Policy," The B.E. Journal of Macroeconomics, Berkeley Electronic Press, vol. 0(1). [Downloadable!]
    8. Bulow, Jeremy & Rogoff, Kenneth & Ning S. Zhu & DEC & a descri & Buyback arrangements, 1994. "Estimating the efficiency gains of debt restructuring," Policy Research Working Paper Series 1317, The World Bank. [Downloadable!]

  70. Claessens, Stijn & Pennacchi, George, 1992. "Deriving developing country repayment capacity from the market prices of sovereign debt," Policy Research Working Paper Series 1043, The World Bank. [Downloadable!]

    Cited by:

    1. Barbone, Luca & Forni, Lorenzo, 1997. "Are markets learning? : behavior in the secondary market for Brady bonds," Policy Research Working Paper Series 1734, The World Bank. [Downloadable!]
    2. Jonathan Eaton & Raquel Fernandez, 1995. "Sovereign Debt," NBER Working Papers 5131, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:

  71. Claessens, Stijn & Coleman, Jonathan, 1991. "Hedging commodity price risks in Papua New Guinea," Policy Research Working Paper Series 749, The World Bank. [Downloadable!]

    Cited by:

    1. Claessens, Stijn & Varangis, Panos & DEC, 1994. "Oil price instability, hedging, and an oil stabilization fund : the case of Venezuela," Policy Research Working Paper Series 1290, The World Bank. [Downloadable!]

  72. Claessens, Stijn, 1991. "Alternative forms of external finance : a survey," Policy Research Working Paper Series 812, The World Bank. [Downloadable!]
    Published as:

    Cited by:

    1. Goopu, Sudarshan, 1996. "The analysis of emerging policy issues in development finance," Policy Research Working Paper Series 1589, The World Bank. [Downloadable!]
    2. Gooptu, Sudarshan, 1993. "Portfolio investment flows to emerging markets," Policy Research Working Paper Series 1117, The World Bank. [Downloadable!]

  73. Claessens, Stijn & Qian, Ying, 1991. "Risk management in sub-Saharan Africa," Policy Research Working Paper Series 593, The World Bank. [Downloadable!]

    Cited by:

    1. Ying Qian & Duncan, Ronald & DEC, 1994. "Optimal hedging strategy revisited : acknowledging the existence of nonstationary economic timeseries," Policy Research Working Paper Series 1279, The World Bank. [Downloadable!]
    2. SWARAY, Raymond B., 2005. "Primary Commodity Dependence And Debt Problem In Less Developed Countries," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 5(4). [Downloadable!]

  74. Claessens, Stijn & van Wijnbergen, Sweder, 1990. "An option - pricing approach to secondary market debt : applied to Mexico," Policy Research Working Paper Series 333, The World Bank. [Downloadable!]

    Cited by:

    1. Claessens, Stijn & Diwan, Ishac & Fernandez-Arias, Eduardo, 1992. "Recent experience with commercial bank debt reduction," Policy Research Working Paper Series 995, The World Bank. [Downloadable!]

  75. Claessens, Stijn & van Wijnbergen, Sweder, 1990. "Secondary Market Prices Under Alternative Debt Reduction Schemes: An Option Pricing Approach with an Application to Mexico," CEPR Discussion Papers 415, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)

    Cited by:

    1. Cohen, Daniel, 1991. "A valuation formula for LDC debt," Policy Research Working Paper Series 763, The World Bank. [Downloadable!]
      Other versions:

  76. Claessens, Stijn & Diwan, Ishac, 1990. "Methodological issues in evaluating debt - reducing deals," Policy Research Working Paper Series 408, The World Bank. [Downloadable!]

    Cited by:

    1. Diwan, Ishac & Kletzer, Ken, 1990. "Voluntary choices in concerted deals : mechanics and attributes of the menu approach," Policy Research Working Paper Series 527, The World Bank. [Downloadable!]

  77. Claessens, Stijn & Diwan, Ishac, 1989. "Conditionality and debt relief," Policy Research Working Paper Series 213, The World Bank. [Downloadable!]

    Cited by:

    1. Claessens, Stijn & Diwan, Ishac, 1990. "Methodological issues in evaluating debt - reducing deals," Policy Research Working Paper Series 408, The World Bank. [Downloadable!]

  78. Diwan, Ishac & Claessens, Stijn, 1989. "An analysis of debt-reduction schemes initiated by debtor countries," Policy Research Working Paper Series 153, The World Bank. [Downloadable!]

    Cited by:

    1. Jonathan Eaton & Raquel Fernandez, 1995. "Sovereign Debt," NBER Working Papers 5131, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:

Articles

  1. Stijn Claessens & M. Ayhan Kose & Marco E. Terrones, 2009. "What happens during recessions, crunches and busts?," Economic Policy, CEPR, CES, MSH, vol. 24, pages 653-700, October. [Downloadable!] (restricted)
    Other versions:

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  2. Claessens, Stijn & Feijen, Erik & Laeven, Luc, 2008. "Political connections and preferential access to finance: The role of campaign contributions," Journal of Financial Economics, Elsevier, vol. 88(3), pages 554-580, June. [Downloadable!] (restricted)
    Other versions:

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  3. Claessens, Stijn & Schmukler, Sergio L., 2007. "International financial integration through equity markets: Which firms from which countries go global?," Journal of International Money and Finance, Elsevier, vol. 26(5), pages 788-813, September. [Downloadable!] (restricted)
    Other versions:

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  4. Stijn Claessens & Daniela Klingebiel & Sergio L. Schmukler, 2007. "Government Bonds in Domestic and Foreign Currency: the Role of Institutional and Macroeconomic Factors," Review of International Economics, Blackwell Publishing, vol. 15(2), pages 370-413, 05. [Downloadable!] (restricted)

    Cited by:

    1. Axel Lindner & Alexander Ludwig, 2009. "A simple macro model of Original Sin based on optimal price setting under incomplete information," International Economics and Economic Policy, Springer, vol. 6(4), pages 345-359, December. [Downloadable!] (restricted)

  5. Claessens, Stijn & Perotti, Enrico, 2007. "Finance and inequality: Channels and evidence," Journal of Comparative Economics, Elsevier, vol. 35(4), pages 748-773, December. [Downloadable!] (restricted)

    Cited by:

    1. Hisako KAI & Shigeyuki HAMORI, 2009. "Globalization, Financial Depth, and Inequality in Sub-Saharan Africa," Discussion Papers 0912, Graduate School of Economics, Kobe University. [Downloadable!]
      Other versions:
    2. Thorsten Beck & Ross Levine & Alexey Levkov, 2007. "Big Bad Banks? The Impact of U.S. Branch Deregulation on Income Distribution," NBER Working Papers 13299, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    3. Claessens, Stijn, 2006. "Competitive implications of cross-border banking," Policy Research Working Paper Series 3854, The World Bank. [Downloadable!]
    4. Claessens, Stijn, 2005. "Access to financial services: a review of the issues and public policy objectives," Policy Research Working Paper Series 3589, The World Bank. [Downloadable!]
      Other versions:
    5. James B. Ang, 2008. "Finance And Inequality: The Case Of India," CAMA Working Papers 2008-18, Australian National University, Centre for Applied Macroeconomic Analysis. [Downloadable!]
      Other versions:
    6. Das, Khanindra Ch., 2009. "Access to Finance and Its Association with Development in Rural India," MPRA Paper 20033, University Library of Munich, Germany. [Downloadable!]
    7. Bourguignon, Francois & Ferreira, Francisco H. G. & Walton, Michael, 2006. "Equity, Efficient and Inequality Traps: A Research Agenda," Working Paper Series rwp06-025, Harvard University, John F. Kennedy School of Government. [Downloadable!]
      Other versions:
    8. Ang, James, 2009. "Financial Liberalization and Income Inequality," MPRA Paper 14496, University Library of Munich, Germany. [Downloadable!]

  6. Stijn Claessens & Konstantinos Tzioumis, 2006. "Ownership and Financing Structures of Listed and Large Non-listed Corporations," Corporate Governance: An International Review, Blackwell Publishing, vol. 14(4), pages 266-276, 07. [Downloadable!] (restricted)

    Cited by:

    1. Marco Cucculelli, 2008. "Owner Identity and Firm Performance: Evidence from European Companies," Rivista di Politica Economica, SIPI Spa, vol. 98(2), pages 149-178, March-Apr. [Downloadable!]
      Other versions:

  7. Stijn Claessens, 2006. "Corporate Governance and Development," World Bank Research Observer, Oxford University Press, vol. 21(1), pages 91-122.

    Cited by:

    1. Bruno, Valentina G. & Claessens, Stijn, 2007. "Corporate governance and regulation : can there be too much of a good thing ?," Policy Research Working Paper Series 4140, The World Bank. [Downloadable!]
      Other versions:
    2. Dixit, Avinash, 2006. "Evaluating recipes for development success," Policy Research Working Paper Series 3859, The World Bank. [Downloadable!]
      Other versions:
    3. Friedman, Felice B. & Grose, Claire, 2006. "Promoting access to primary equity markets : a legal and regulatory approach," Policy Research Working Paper Series 3892, The World Bank. [Downloadable!]
    4. Olga Lazareva & Andrei Rachinsky & Sergey Stepanov, 2008. "Corporate Governance, Ownership Structures and Investment in Transition Economies: the Case of Russia, Ukraine and Kyrgyzstan," Working Papers w0119, Center for Economic and Financial Research (CEFIR). [Downloadable!]
    5. Mirela MATEI, 2008. "Aspects Regarding The Development Of Bucharest Stock Exchange," Romanian Journal of Economics, Institute of National Economy, vol. 27(2(36)), pages 145-159, December. [Downloadable!]
    6. Harabi, Najib, 2007. "State of Corporate Governance in Arab Countries: An Overview," MPRA Paper 4566, University Library of Munich, Germany. [Downloadable!]

  8. Stijn Claessens, 2006. "Access to Financial Services: A Review of the Issues and Public Policy Objectives," World Bank Research Observer, Oxford University Press, vol. 21(2), pages 207-240.
    Other versions:
    Published as:

    See citations under working paper version above.

  9. Claessens, Stijn & Fan, Joseph P.H. & Lang, Larry H.P., 2006. "The benefits and costs of group affiliation: Evidence from East Asia," Emerging Markets Review, Elsevier, vol. 7(1), pages 1-26, March. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  10. Claessens, Stijn & Klingebiel, Daniela & Schmukler, Sergio L., 2006. "Stock market development and internationalization: Do economic fundamentals spur both similarly?," Journal of Empirical Finance, Elsevier, vol. 13(3), pages 316-350, June. [Downloadable!] (restricted)

    Cited by:

    1. Gozzi, Juan Carlos & Levine, Ross & Schmukler, Sergio L., 2006. "Internationalization and the evolution of corporate valuation," Policy Research Working Paper Series 3933, The World Bank. [Downloadable!]
      Other versions:
    2. de la Torre, Augusto & Gozzi, Juan Carlos & Schmukler, Sergio L., 2007. "Capital market development : whither Latin America ?," Policy Research Working Paper Series 4156, The World Bank. [Downloadable!]
      Other versions:
    3. Alberto Chong & Florencio Lopez-de-Silanes, 2007. "Corporate Governance in Latin America," RES Working Papers 4494, Inter-American Development Bank, Research Department. [Downloadable!]
    4. Claessens, Stijn, 2006. "Competitive implications of cross-border banking," Policy Research Working Paper Series 3854, The World Bank. [Downloadable!]
    5. Ben Slimane, FATEN, 2007. "L'Evolution des Marchés Boursiers Européens: Enjeux et limites
      [European Stock Market Evolution]      ," MPRA Paper 2607, University Library of Munich, Germany. [Downloadable!]
    6. Claessens, Stijn & Schmukler, Sergio, 2007. "International Financial Integration through Equity Markets: Which Firms from Which Countries Go Global?," CEPR Discussion Papers 6137, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    7. Alberto Chong & Florencio Lopez-de-Silanes, 2007. "Gobierno Corporativo en América Latina," RES Working Papers 4495, Inter-American Development Bank, Research Department. [Downloadable!]
    8. Charles Amo Yartey & Mihasonirina Andrianaivo, 2009. "Understanding the Growth of African Financial Markets," IMF Working Papers 09/182, International Monetary Fund. [Downloadable!]
    9. Jamel Boukhatem, 2009. "Essai sur les déterminants empiriques de développement des marchés obligataires," EconomiX Working Papers 2009-32, University of Paris West - Nanterre la Défense, EconomiX. [Downloadable!]
    10. Marashdeh, Hazem & Wilson, E.J., 2005. "Structural Changes in the Middle East Stock Markets: The case of Israel and Arab Countries," Economics Working Papers wp05-22, School of Economics, University of Wollongong, NSW, Australia. [Downloadable!]
    11. de la Torre, Augusto & Gozzi, Juan Carlos & Schmukler, Sergio L., 2007. "Stock market development under globalization : whither the gains from reforms ?," Policy Research Working Paper Series 4184, The World Bank. [Downloadable!]
      Other versions:
    12. de la Torre, Augusto & Gozzi, Juan Carlos & Schmukler, Sergio L., 2006. "Financial development in Latin America : big emerging issues, limited policy answers," Policy Research Working Paper Series 3963, The World Bank. [Downloadable!]

  11. Erik Berglöf & Stijn Claessens, 2006. "Enforcement and Good Corporate Governance in Developing Countries and Transition Economies," World Bank Research Observer, Oxford University Press, vol. 21(1), pages 123-150.

    Cited by:

    1. Gianni De Nicoló & Luc Laeven & Kenichi Ueda, 2007. "Corporate Governance Quality: Trends and Real Effects," IMF Working Papers 06/293, International Monetary Fund. [Downloadable!]
      Other versions:
    2. Geoffrey R D Underhill, 2007. "Markets, Institutions, and Transaction Costs: The Endogeneity of Governance," WEF Working Papers 0025, ESRC World Economy and Finance Research Programme, Birkbeck, University of London. [Downloadable!]

  12. Stijn Claessens & Leora F. Klapper, 2005. "Bankruptcy around the World: Explanations of Its Relative Use," American Law and Economics Review, Oxford University Press, vol. 7(1), pages 253-283. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  13. Stijn Claessens & Jan Krahnen & William Lang, 2005. "The Basel II Reform and Retail Credit Markets," Journal of Financial Services Research, Springer, vol. 28(1), pages 5-13, October. [Downloadable!] (restricted)

    Cited by:

    1. Doris Neuberger & Solvig Räthke, 2009. "Microenterprises and multiple bank relationships: The case of professionals," Small Business Economics, Springer, vol. 32(2), pages 207-229, February. [Downloadable!] (restricted)

  14. Stijn Claessens & Luc Laeven, 2005. "Financial Dependence, Banking Sector Competition, and Economic Growth," Journal of the European Economic Association, MIT Press, vol. 3(1), pages 179-207, 03. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  15. Stijn Claessens & Luc Laeven, 2004. "What drives bank competition? Some international evidence," Proceedings, Federal Reserve Bank of Cleveland, pages 563-592.
    Other versions:
    Published as:

    See citations under working paper version above.

  16. Stijn Claessens & Luc Laeven, 2003. "Financial Development, Property Rights, and Growth," Journal of Finance, American Finance Association, vol. 58(6), pages 2401-2436, December. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  17. Nancy Birdsall & Stijn Claessens & Ishac Diwan, 2003. "Policy Selectivity Forgone: Debt and Donor Behavior in Africa," World Bank Economic Review, Oxford University Press, vol. 17(3), pages 409-435, December.
    Other versions:

    See citations under working paper version above.

  18. Claessens, Stijn & Djankov, Simeon & Klapper, Leora, 2003. "Resolution of corporate distress in East Asia," Journal of Empirical Finance, Elsevier, vol. 10(1-2), pages 199-216, February. [Downloadable!] (restricted)

    Cited by:

    1. Feijen, Erik, 2005. "Do incumbents manipulate access to finance during banking crises?," Policy Research Working Paper Series 3660, The World Bank. [Downloadable!]
    2. Pursey Heugens & Marc Essen & J. Oosterhout, 2009. "Meta-analyzing ownership concentration and firm performance in Asia: Towards a more fine-grained understanding," Asia Pacific Journal of Management, Springer, vol. 26(3), pages 481-512, September. [Downloadable!] (restricted)
    3. Mara Faccio & Rajdeep Sengupta, 2006. "Corporate response to distress: evidence from the Asian financial crisis," Working Papers 2006-044, Federal Reserve Bank of St. Louis. [Downloadable!]
    4. Jonathan A. Batten & Peter G. Szilagyi, 2006. "Developing Foreign Bond Markets: The Arirang Bond Experience in Korea," The Institute for International Integration Studies Discussion Paper Series iiisdp138, IIIS. [Downloadable!]
    5. Raj Aggarwal, 2004. "Persistent Puzzles in International Finance and Economics," The Economic and Social Review, Economic and Social Studies, vol. 35(3), pages 241-250. [Downloadable!]

  19. Claessens, Stijn & Djankov, Simeon & Fan, Joseph P. H. & Lang, Larry H. P., 2003. "When does corporate diversification matter to productivity and performance? Evidence from East Asia," Pacific-Basin Finance Journal, Elsevier, vol. 11(3), pages 365-392, July. [Downloadable!] (restricted)

    Cited by:

    1. Fan, Joseph P.H. & Huang, Jun & Oberholzer-Gee, Felix & Zhao, Mengxin, 2008. "Corporate Diversification in China: Causes and Consequences," CEI Working Paper Series 2008-3, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    2. Mike Peng & Andrew Delios, 2006. "What determines the scope of the firm over time and around the world? An Asia Pacific perspective," Asia Pacific Journal of Management, Springer, vol. 23(4), pages 385-405, December. [Downloadable!] (restricted)

  20. Stijn Claessens & Joseph P. H. Fan, 2002. "Corporate Governance in Asia: A Survey," International Review of Finance, International Review of Finance Ltd., vol. 3(2), pages 71-103. [Downloadable!] (restricted)

    Cited by:

    1. Jayati Sarkar & Subrata Sarkar, 2005. "Debt and corporate governance in emerging economies: Evidence from India," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2005-007, Indira Gandhi Institute of Development Research, Mumbai, India. [Downloadable!]
    2. Alberto Chong & Florencio Lopez-de-Silanes, 2007. "Corporate Governance in Latin America," RES Working Papers 4494, Inter-American Development Bank, Research Department. [Downloadable!]
    3. Jayesh Kumar, 2004. "Does Ownership Structure Influence Firm Value? Evidence from India," Finance 0406008, EconWPA. [Downloadable!]
    4. Ayyagari, Meghana & Demirguc-Kunt, Asli & Maksimovic, Vojislav, 2005. "How well do institutional theories explain firms'perceptions of property rights?," Policy Research Working Paper Series 3709, The World Bank. [Downloadable!]
      Other versions:
    5. Alberto Chong & Florencio Lopez-de-Silanes, 2007. "Gobierno Corporativo en América Latina," RES Working Papers 4495, Inter-American Development Bank, Research Department. [Downloadable!]
    6. Charles P. Thomas & Francis E. Warnock & Jon Wongswan, 2004. "The performance of international portfolios," International Finance Discussion Papers 817, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    7. Karl V. Lins & Francis E. Warnock, 2004. "Corporate governance and the shareholder base," International Finance Discussion Papers 816, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    8. Yener Altunbaş & Alper Kara & Adrian van Rixtel, 2007. "Corporate governance and corporate ownership: The investment behaviour of Japanese institutional investors," Banco de España Occasional Papers 0703, Banco de España. [Downloadable!]
    9. Christian Leuz & Karl V. Lins & Francis E. Warnock, 2006. "Do Foreigners Invest Less in Poorly Governed Firms?," NBER Working Papers 12222, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    10. Pursey Heugens & Marc Essen & J. Oosterhout, 2009. "Meta-analyzing ownership concentration and firm performance in Asia: Towards a more fine-grained understanding," Asia Pacific Journal of Management, Springer, vol. 26(3), pages 481-512, September. [Downloadable!] (restricted)
    11. Yan-leung Cheung & P. Raghavendra Rau & Aris Stouraitis, 2004. "Tunneling, Propping and Expropriation Evidence from Connected arty Transactions in Hong Kong," Working Papers 092004, Hong Kong Institute for Monetary Research. [Downloadable!]
      Other versions:
    12. Lucarelli, Caterina & Palomba, Giulio, 2007. "Investors’ behaviour in the Chinese Stock Exchanges: Empirical Evidence in a Systemic Approach," MPRA Paper 7034, University Library of Munich, Germany. [Downloadable!]
      Other versions:

  21. Claessens, Stijn & Djankov, Simeon, 2002. "Privatization benefits in Eastern Europe," Journal of Public Economics, Elsevier, vol. 83(3), pages 307-324, March. [Downloadable!] (restricted)

    Cited by:

    1. J. David Brown & John S. Earle & Almos Telegdy, 2004. "Does Privatization Raise Productivity? Evidence from Comprehensive Panel Data on Manufacturing Firms in Hungary, Romania, Russia and Ukraine," IEHAS Discussion Papers 0425, Institute of Economics, Hungarian Academy of Sciences. [Downloadable!]
      Other versions:
    2. Brown, J. David & Earle, John S. & Telegdy, Álmos, 2008. "Employment and Wage Effects of Privatization: Evidence from Hungary, Romania, Russia, and Ukraine," IZA Discussion Papers 3688, Institute for the Study of Labor (IZA). [Downloadable!]
      Other versions:
    3. Randall Morck, 2009. "The Riddle of the Great Pyramids," NBER Working Papers 14858, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    4. Bai, Chong-En & Lu, Jiangyong & Tao, Zhigang, 2007. "How Does Privatization Work in China?," MPRA Paper 6599, University Library of Munich, Germany. [Downloadable!]
    5. Cornelli, Francesca & Li, David Daokui, 2006. "Ex Ante Effects of Ex Post Managerial Ownership," CEPR Discussion Papers 5821, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    6. Hoekman, Bernard & Smarzynska Javorcik, Beata, 2004. "Policies facilitating firm adjustment to globalization," Policy Research Working Paper Series 3441, The World Bank. [Downloadable!]
      Other versions:
    7. Archishman Chakraborty & Nandini Gupta & Rick Harbaugh, 2004. "Best Foot Forward or Best for Last in a Sequential Auction?," Working Papers 2004-07, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy. [Downloadable!]
      Other versions:

  22. Stijn Claessens & Simeon Djankov & Joseph P. H. Fan & Larry H. P. Lang, 2002. "Disentangling the Incentive and Entrenchment Effects of Large Shareholdings," Journal of Finance, American Finance Association, vol. 57(6), pages 2741-2771, December. [Downloadable!] (restricted)

    Cited by:

    1. Doidge, Craig & Karolyi, G. Andrew & Lins, Karl V. & Millers, Darius P. & Stulz, Rene M., 2005. "Private Benefits of Control, Ownership, and the Cross-Listing Decision," Working Paper Series 2005-2, Ohio State University, Charles A. Dice Center for Research in Financial Economics. [Downloadable!]
    2. Nigel Driffield & Sarmistha Pal, 2007. "How Does Ownership Structure Affect Capital Structure and Firm Value? Recent Evidence from East Asia," CEDI Discussion Paper Series 07-04, Centre for Economic Development and Institutions(CEDI), Brunel University. [Downloadable!]
    3. Claessens, Stijn & Fan, Joseph P.H. & Lang, Larry H.P., 2002. "The Benefits and Costs of Group Affiliation: Evidence from East Asia," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
      Other versions:
    4. Coles, Jeffrey & Lemmon, Michael & Meschke, Felix, 2007. "Structural Models and Endogeneity in Corporate Finance: the Link Between Managerial Ownership and Corporate Performance," MPRA Paper 4374, University Library of Munich, Germany, revised 15 Feb 2007. [Downloadable!]
    5. Saibal Ghosh, 2007. "Bank monitoring, managerial ownership and Tobin's Q: an empirical analysis for India," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 28(2), pages 129-143. [Downloadable!]
    6. Kin-Wai Lee, 2007. "Corporate voluntary disclosure and the separation of cash flow rights from control rights," Review of Quantitative Finance and Accounting, Springer, vol. 28(4), pages 393-416, May. [Downloadable!] (restricted)
    7. Giannetti, Mariassunta & Simonov, Andrei, 2003. "Which Investors Fear Expropriation? Evidence from Investors' Stock Picking," CEPR Discussion Papers 3843, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    8. Jang, Hasung & Kang, Hyung-cheol & Park, Kyung Suh, 2005. "Determinants of Family Ownership: The Choice between Control and Performance," CEI Working Paper Series 2005-5, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    9. Jochem, Axel, 2008. "International financial competitiveness and incentives to foreign direct investment," Discussion Paper Series 1: Economic Studies 2008,29, Deutsche Bundesbank, Research Centre. [Downloadable!]
    10. Ettore Crocia & John A. Doukas & Halit Gonenc, 2010. "Family Control and Financing Decisions," TÜSİAD-Koç University Economic Research Forum Working Papers 1004, TUSIAD-Koc University Economic Research Forum. [Downloadable!]
    11. Gozzi, Juan Carlos & Levine, Ross & Schmukler, Sergio L., 2006. "Internationalization and the evolution of corporate valuation," Policy Research Working Paper Series 3933, The World Bank. [Downloadable!]
      Other versions:
    12. Jeremy Edwards & Alfons Weichenrieder, 2004. "How Weak is the Weakest-Link Principle? On the Measurement of Firm Owners’ Control Rights," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    13. Carlos Pombo & Luis H. Gutiérrez, 2007. "Gestión empresarial y valuación de empresas en Colombia," RES Working Papers 4471, Inter-American Development Bank, Research Department. [Downloadable!]
    14. Ariane Chapelle & Ariane Szafarz, 2005. "Controlling Firms through the Majority Voting Rule," Working Papers DULBEA 05-05.RS, Université libre de Bruxelles, Department of Applied Economics (DULBEA). [Downloadable!]
      Other versions:
    15. Mayur, Manas & Kumar, Manoj & Mahakud, Jitendra, 2007. "Relationship between the Changes in Ownership and Performance of Indian Firms around IPO: A Panel Data Analysis," MPRA Paper 6192, University Library of Munich, Germany. [Downloadable!]
    16. Sabri Boubaker & Florence Labégorre, 2006. "L’environnement informationnel et la structure de propriété et de contrôle des sociétés cotées françaises," Revue Finance Contrôle Stratégie, Editions Economica, vol. 9(3), pages 5-38, September. [Downloadable!]
    17. Nigel Driffield & Sarmistha Pal, 2008. "Evolution of Capital Strcture in East Asia: Corporate Inertia or Endeavours?," CEDI Discussion Paper Series 08-04, Centre for Economic Development and Institutions(CEDI), Brunel University. [Downloadable!]
      Other versions:
    18. Jeremy Edwards & Wolfgang Eggert & Alfons Weichenrieder, 2006. "The Measurement of Firm Ownership and its Effect on Managerial Pay," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
      Other versions:
    19. Belot, François, . "Shareholder agreements and firm value: Evidence from French listed firms," Open Access publications from Université Paris-Dauphine urn:hdl:123456789/3031, Université Paris-Dauphine. [Downloadable!]
    20. Luis H. Gutiérrez & Carlos Pombo, 2005. "Valuación y gobierno corporativo: elementos de juicio de Colombia," RES Working Papers 3217, Inter-American Development Bank, Research Department. [Downloadable!]
    21. Giannetti, Mariassunta & Simonov, Andrei, 2002. "Which Investors Fear Expropriation?," SIFR Research Report Series 10, Institute for Financial Research. [Downloadable!]
    22. Dante Mendes Aldrighi & Alessandro Vinicius Marques de Oliveira, 2006. "Ownership And Control Structures And Performance Of Firms In Brazil," Anais do XXXIV Encontro Nacional de Economia [Proceedings of the 34th Brazilian Economics Meeting] 61, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics]. [Downloadable!]
    23. Joseph P. Hughes & Choon-Geol Moon, 2004. "Estimating managers' utility-maximizing demand for agency goods," Proceedings, Federal Reserve Bank of Chicago, issue May, pages 320-352.
    24. Desai, Sameeksha & Eklund, Johan E., 2008. "Ownership, Economic Entrenchment and Allocation of Capital," Ratio Working Papers 120, The Ratio Institute. [Downloadable!]
      Other versions:
    25. Kuang, Y. & Qin, B., 2006. "Performance-vested Stock Options and Pay-Performance Sensitivity," Discussion Paper 2006-123, Tilburg University, Center for Economic Research. [Downloadable!]
    26. Wen-Hsien Tsai & Yi-Chen Kuo & Jung-Hua Hung, 2009. "Corporate diversification and CEO turnover in family businesses: self-entrenchment or risk reduction?," Small Business Economics, Springer, vol. 32(1), pages 57-76, January. [Downloadable!] (restricted)
    27. Luis H. Gutiérrez & Carlos Pombo, 2005. "Corporate Valuation and Governance: Evidence from Colombia," RES Working Papers 3216, Inter-American Development Bank, Research Department. [Downloadable!]
      Other versions:
    28. Joseph P. H. Fan & T.J. Wong, 2001. "Do External Auditors Perform a Corporate Governance Role in Emerging Markets? Evidence from East Asia," William Davidson Institute Working Papers Series 400, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
    29. Chisari, Omar O. & Ferro, Gustavo, 2009. "Gobierno Corporativo: los problemas, estado actual de la discusión y un ejercicio de medición para Argentina
      [Corporate Governance: the problems, the current stage of the discussion and a measure      ," MPRA Paper 15630, University Library of Munich, Germany. [Downloadable!]
    30. Art A. Durnev & Amrita S. Nain, 2004. "The Unanticipated Effects of Insider Trading Regulation," William Davidson Institute Working Papers Series 2004-695, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
      Other versions:
    31. Edwards, Jeremy S S & Weichenrieder, Alfons J, 2009. "Control Rights, Pyramids, and the Measurement of Ownership Concentration," MPRA Paper 13830, University Library of Munich, Germany. [Downloadable!]
      Other versions:
    32. Anete Pajuste, 2005. "Determinants and consequences of the unification of dual-class shares," Working Paper Series 465, European Central Bank. [Downloadable!]
    33. Andrew Ellul & Levent Guntay & Ugur Lel, 2007. "External governance and debt agency costs of family firms," International Finance Discussion Papers 908, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    34. Jeremy Edwards & Wolfgang Eggert & Alfons Weichenrieder, 2009. "Corporate governance and pay for performance: evidence from Germany," Economics of Governance, Springer, vol. 10(1), pages 1-26, January. [Downloadable!] (restricted)
    35. Albuquerque, Rui & Wang, Neng, 2005. "Agency Conflicts, Investment and Asset Pricing," CEPR Discussion Papers 4955, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    36. James B. Ang, 2008. "Finance And Inequality: The Case Of India," CAMA Working Papers 2008-18, Australian National University, Centre for Applied Macroeconomic Analysis. [Downloadable!]
      Other versions:
    37. Sanghoon Lee, 2008. "Ownership Structure and Financial Performance: Evidence from Panel Data of South Korea," Working Paper Series, Department of Economics, University of Utah 2008_17, University of Utah, Department of Economics. [Downloadable!]
    38. Paul A. Gompers & Joy Ishii & Andrew Metrick, 2004. "Incentives vs. Control: An Analysis of U.S. Dual-Class Companies," NBER Working Papers 10240, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    39. Jörn Hendrich Block, 2008. "Are CEOs in Family Firms Paid Like Bureaucrats? Evidence from Bayesian and Frequentist Analyses," SFB 649 Discussion Papers SFB649DP2008-033, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany. [Downloadable!]
    40. Heitor Almeida & Daniel Wolfenzon, 2005. "A Theory of Pyramidal Ownership and Family Business Groups," NBER Working Papers 11368, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    41. Ricardo Leal & André Carvalhal-da-Silva, 2005. "Corporate Governance and Value in Brazil (and in Chile)," RES Working Papers 3208, Inter-American Development Bank, Research Department. [Downloadable!]
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    47. Jara-Bertin, Mauricio & López-Iturriaga, Félix J., 2008. "Earnings Management and Contest to the Control: An Analysis of European Family Firms," MPRA Paper 9660, University Library of Munich, Germany. [Downloadable!]
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