Thorsten Beck - selected work
New
Finance and Oil - Is there a resource curse in financial development?
Gender and Finance in Sub-Saharan Africa: Are Women Disadvantaged? , with Reyes Aterido and Leonardo Iacovone
Islamic vs. Conventional Banking: Business Model, Efficiency and Stability, with Asli Demirgüç-Kunt and Ouarda Merrouche
Which Households Use Banks? Evidence from the Transition Economies, with Martin Brown
Why do Firms Evade Taxes? The Role of Information Sharing and Financial Sector Outreach, with Chen Lin and Yue Ma
Gender and Banking: Are Women Better Loan Officers?, with P. Behr and A. Güttler
Bank Competition and Stability: Reconciling Conflicting Empirical Evidence, with O. De Jonghe and G. Schepens
Books
Bailing out the Banks: Reconciling Stability and Competition (joint with Diane Coyle, Mathias Dewatripont, Xavier Freixas, and Paul Seabright. CEPR, 2010.
Finance for All? Policies and Pitfalls in Expanding Access, with A.Demirgüç-Kunt and P. Honohan, A World Bank Policy Research Report, Washington DC: World Bank, November 2007. (Dataset)
Entrepreneurship in Developing Countries (Editor)
Making Finance Work for Africa, with P. Honohan, World Bank, Washington, February 2007.
Access to Finance, Poverty, and Inequality
What Explains the Cost of Remittances? An Examination Across 119 Country Corridors, with Maria Soledad Martinez Peria, World Bank Economic Review, forthcoming.
Big bad banks? The impact of U.S. branch deregulation on income distribution, with R. Levine and A. Levkov, Journal of Finance, forthcoming. See also Data (in some cases, you may have to save this file before you can open it)
Access to financial services: Measurement, impact and policies, with A. Demirguc-Kunt and P. Honohan. World Bank Research Observer, 24, 119-145, 2009.
Access to finance - An unfinished agenda, with A. Demirguc-Kunt. World Bank Economic Review, 22(3), 383-396, 2008.
Banking services for everyone? Barriers to bank access and use around the world, with A. Demirgüç-Kunt and M. Martinez Peria. World Bank Economic Review, 22, 397-430, 2008.(Dataset)
Policy Choices for an Efficient and Inclusive Financial System, in: Collateral Reform and Access to Credit, Frederique Dahan and John Simpson (eds). Edward Elgar Ltd.
The Basic Analytics of Access to Financial Services, with A. de la Torre, Financial Markets, Institutions and Instruments 16 (2), May 2007, pp. 79-117.
Reaching Out: Access to and Use of Banking Services across Countries, with A.Demirgüç-Kunt and M. Martinez Peria, Journal of Financial Economics 85, July 2007, pp. 234-66.
Data
Finance, Inequality and the Poor, with A. Demirgüç-Kunt and R. Levine, Journal of Economic Growth 12, March 2007, pp. 27-49.
Data
Growth Obstacles, Financing Constraints, and Firm Size
SME Finance: What Have We Learned and What Do We Still Need to Learn?
Bank Financing for SMEs: Evidence Across Countries and Bank Ownership Types with A.Demirgüç-Kunt and Maria Soledad Martinez Peria, forthcoming Journal of Financial Services Research
Finance, Firm Size, and Growth, with A. Demirgüç-Kunt , L. Laeven and R. Levine, Journal of Money, Credit, and Banking 40(7), 2008, pp. 1379-1405.
Data (Stata)
Program
Read me
Financing Patterns around the World: Are Small Firms Different?, with A. Demirgüç-Kunt and V. Maksimovic, Journal of Financial Economics 89(3), 2008, pp. 467-487.
Small and Medium Enterprises across the Globe, with A. Demirgüç-Kunt and M. Ayyagari, Small Business Economics 29, December 2007, pp. 415-34.
Data
"Financing Constraints of SMEs in Developing Countries: Evidence, Determinants and Solutions" May, 2007.
The Influence of Financial and Legal Institutions on Firm Size, with A. Demirgüç-Kunt and V. Maksimovic, Journal of Banking and Finance 30, November 2006, pp. 2995-3015.
Small and Medium-Size Enterprises: Access to Finance as a Growth Constraint, with A. Demirgüç-Kunt, Journal of Banking and Finance 30, November 2006, 2931-2943.
The Determinants of Financing Obstacles, with A. Demirgüç-Kunt , L. Laeven and V. Maksimovic, Journal of International Money and Finance 25, October 2006, pp. 932-52.
SMEs, Growth and Poverty: Cross Country Evidence, with A. Demirgüç-Kunt and R. Levine, Journal of Economic Growth 10, September 2005, pp. 197-227.
Data
Financial and Legal Constraints to Firm Growth: Does Firm Size Matter?, with A. Demirgüç-Kunt, and V. Maksimovic, Journal of Finance 60, February 2004, pp. 137-177.
link to data - World Business Environment Survey
Financial Safety Net
Regulatory Reform after the Crisis: Opportunities and Pitfalls, in Oh, Y. (Ed.), The World Economy with the G20. Korea: KIEP/CEPR, 2010. (Also CEPR Discussion Paper, no. 7733, 2010)
Deposit insurance and bank failure resolution: Cross-country evidence, with L. Laeven, in Deposit Insurance around the World - Issues of Design and Implementation, A. Demirguc-Kunt, E. Kane, and L. Laeven (eds.), Cambridge, MA: MIT Press, 2008, pp. 149-178.
Bank Supervision and Corruption in Lending, with A. Demirguc-Kunt and R.Levine" Journal of Monetary Economics 53, November 2006, pp. 2131-63.
Data
The Incentive Compatible Design of Deposit Insurance and Bank Failure Resolution ' Concepts and Country Studies, in Who Pays for Bank Insolvency?, D.G. Mayes and A. Luiksila (eds.), Basingstoke: Palgrave-McMillan, 2004.
Deposit Insurance as Private Club: The Case of Germany, Quarterly Review of Economics and Finance 42, October 2002, pp. 701-719.
Finance and Growth
Financial institutions and markets across countries and over time with A.Demirgüç-Kunt, World Bank Economic Review, 24(1), 2010, pp. 77-92.
Who gets the credit? And does it matter? Household vs firm lending accross countries, with B. Buyukkarabacak, F. Rioja and V. Valev.
The Econometrics of Finance and Growth, Palgrave Handbook of Econometrics, Vol. 2.
Financial Intermediary Development and Growth Volatility: Do Intermediaries Dampen or Magnify Shocks?, with M. Lundberg and G. Majnoni, Journal of International Money and Finance 25, November 2006.
Appendix
Stock Markets, Banks and Growth: Panel Evidence, with R. Levine, Journal of Banking and Finance 28, March 2004, pp. 423-442.
Data
Industry Growth and Capital Allocation: Does Having a Market- or Bank-Based System Matter?, with R. Levine, Journal of Financial Economics, 64(2), May 2002, pp. 147-180.
Data
A New Database on Financial Development and Structure, with A.Demirgüç-Kunt and R. Levine, World Bank Economic Review, September 2000, pp. 597-605.
Financial Intermediation and Growth: Causality and Causes, with R. Levine and N. Loayza, Journal of Monetary Economics 46, August 2000, pp. 31-77.
Dataset and addendum
Finance and the Sources of Growth, with R. Levine and N. Loayza, Journal of Financial Economics 58, October 2000, pp. 261-300.
Dataset
Finance and International Trade
Financial Development and International Trade. Is There a Link?, Journal of International Economics 57, May 2002, pp. 107-131. Financial Dependence and International Trade, Review of International Economics 11, May 2003, pp. 296-316. Legal Institutions and Economic Development
Law and Firms' Access to Finance, with A.Demirgüç-Kunt and R. Levine, American Law and Economics Review 7, February 2005, pp. 211-252.
Legal Institutions and Financial Development, with R. Levine, in Handbook of New Institutional Economics, C. Menard and M. Shirley (eds)., Kluwer Dordrecht (The Netherlands), 2004.
Law, Endowments, and Finance, with A. Demirgüç-Kunt and R. Levine, Journal of Financial Economics 70, November 2003, pp. 137-181. Law and Finance: Why Does Legal Origin Matter?, with A. Demirgüç-Kunt and R. Levine, Journal of Comparative Economics 31, December 2003, pp. 653- 675. Legal Theories of Financial Development, with A. Demirgüç-Kunt and R. Levine, Oxford Review of Economic Policy 17(4), 2001, pp. 438-501.
Foreign Bank Acquisitions and Outreach: Evidence from Mexico, with Maria Soledad Martinez Peria. Journal of Financial Intermediation, 19, 52-73, 2010.
Bank Competition and Financial Stabilty: Friends or Foes?, in: Competition in the Financial Sector, Bank Indonesia and Banco de Mexico (eds), forthcoming.
Bank Concentration, Competition, and Crises: First Results, with A. Demirgüç-Kunt and R. Levine, Journal of Banking and Finance 30, May 2006, 1581-1603.
Bank Concentration and Fragility: Impact and Mechanics, with A. Demirgüç-Kunt and R. Levine, The Risks of Financial Institutions, R. Stulz and M. Carey (eds.), National Bureau of Economic Research, June 2005.
Bank Privatization and Performance: Empirical Evidence from Nigeria, with R. Cull and A. Jerome, Journal of Banking and Finance 29, August-September 2005, pp. 2355-2379.
State Bank Transformation in Brazil - Choice and Consequences, with J. Crivelli and W. Summerhill, Journal of Banking and Finance, 29, August-September 2005, pp. 2223-2257.
Bank Competition and Access to Finance, with A. Demirgüç-Kunt and V. Maksimovic, Journal of Money, Credit and Banking 36, June 2004, pp. 627-648.
Bank Ownership and Stability: Evidence from Germany, with Heiko Hesse, Thomas Kick and Natalja von Westernhagen
Banking sector stability, efficiency and outreach in Kenya (joint with Robert Cull, Michael Fuchs, Jared Getenga, Peter Gatere, John Randa, and Mircea Trandafir), in: Christopher Adam, Paul Collier and Njuguna Ndung'u (Eds.): Kenya: Policies for Prosperity, 2010
Finance in Africa: Achievements and Challenges,with M. Fuchs and M. Uy, in: World Bank, African Development Bank and World Economic Forum (Eds.): African Competitiveness Report
Bank Efficiency, Ownership and Market Structure: Why are Interest Spreads so High in Uganda?, with H. Hesse. Journal of Development Economics, 88(2), 192-204, 2009.
Creating a More Efficient Financial System: Challenges for Bangladesh, with Md. Rahman, February 2006.
Structural Issues in the Kenyan Financial System: Improving Competition and Access, with M. Fuchs, July 2004.
Impediments to the Development and Efficiency of Financial Intermediation in Brazil, Policy Note for the Central Bank of Brazil and World Bank Policy Research Working Paper 2382, June 2000.
The typology of partial credit guarantee funds around the world, with L.F. Klapper and J.C.Mendoza. Journal of Financial Stability, 6(1), 2010, pp. 10-25.
Efficiency in Financial Intermediation: Theory and Empirical Measurement, in: Microfinance and Public Policy: Outreach, Performance and Efficiency, 2007, Bernd Balkenhol (ed). Palgrave, MacMillan.
Institution Building and Growth in Transition Economies, with L. Laeven, Journal of Economic Growth 11, June 2006, pp. 157-86. Creating an Efficient Financial System: Challenges in a Global Economy, South African Reserve Bank, Banco de Mexico, and The People's Bank of China (ed.) Economic Growth, 2006.
Economic, Demographic, and Institutional Determinants of Life Insurance Consumption across Countries, with I. Webb, World Bank Economic Review 17, May 2003, pp. 51-88.
New Tools in Comparative Political Economy: The Database of Political Institutions, with G. Clarke, A. Groff, P. Keefer and P. Walsh, World Bank Economic Review 15, May 2001,pp.165-176.
Data and
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Law and Finance
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Market Structure in Banking
Country and Regional Studies
Other Work
Data
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Global / English