This paper discusses a research agenda that arises from unanswered questions and
unresolved issues considered in the World Bank's World Development Report 2006: Equity …

This paper reviews, appraises, and critiques theoretical and empirical research on the
connections between the operation of the financial system and economic growth. While …

This paper develops the empirical and theoretical case that differences in economic
institutions are the fundamental cause of differences in economic development. We first …

This paper tests how competition in local US banking markets affects the market structure of
nonfinancial sectors. Theory offers competing hypotheses about how competition ought to …

Outline of this report 4 Main messages of this report 17 1.1 Access to finance vs. use:
voluntary and involuntary exclusion 29 1.2 Access to finance: supply vs. demand constraints …

Volumes 2A and 2B of The Handbook of Economic Growth summarize recent advances in
theoretical and empirical work while offering new perspectives on a range of growth …

This paper finds that compared with Chinese state-owned firms, non-state-owned firms have
a greater propensity to hold significant ownership in commercial banks. These results are …

The purpose of this paper is to go beyond the narrow focus of the current institutional
economics literature in development on the institutions protecting individual property rights …

We focus on the economies of the North Atlantic Core during the 19th and early 20th
centuries and find that an impressive variety of local financial institutions emerged to supply …

During the 1990s Mexico conducted two experiments with its banking system. In the first
experiment (1991–96) it privatized the banks. This experiment took place with weak …