Law and Finance

Understanding the historic and institutional underpinnings for financial development and structure is critical, not only from an academic viewpoint but also from a policymakers’ viewpoint to formulate policies that are adequate for different institutional and historic settings.

Legal Institutions and Economic Development, Dennis Müller (Ed.): Oxford Handbook of Capitalism, Oxford University Press. 2012.

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 and Finance: Why does Legal Origin Matter?, with A. Demirgüç-Kunt and R. Levine, Journal of Comparative Economics 31, December 2003, pp. 653- 675.
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Law, Endowments, and Finance, with A. Demirgüç-Kunt and R. Levine, Journal of Financial Economics 70, November 2003, pp. 137-181.
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Legal Theories of Financial Development, with A. Demirgüç-Kunt and R. Levine, Oxford Review of Economic Policy 17(4), 2001, pp. 438-501.