2013 IAES Officers Ballot: Vice President

Asli Demirgüç-Kunt, Director, Development Policy, Development Economics
Chief Economist, Financial and Private Sector Development Network

Previous positions: Lead Economist, Development Economics, World Bank, 1989-2003; Visiting Economist, Research Department, Federal Reserve Bank of Cleveland, 1988-1989; Teaching Associate/Instructor, Departments of Economics and Mathematics, The Ohio State University, 1983-1988.

Selected Publications:


  • Financial structure and economic growth: A cross-country comparison of banks, markets, and development, Cambridge, MA: MIT Press, 2001 (with Ross Levine).


  • “Financial and legal constraints to firm growth: Does size matter?” (with T. Beck and V. Maksimovic), Journal of Finance, forthcoming.
  • “Bank concentration and competition: An evolution in the making” (with A. Berger, R. Levine and J. Haubrich), Journal of Money, Credit and Banking, forthcoming.
  • “Market discipline and deposit insurance” (with H. Huizinga),  Journal of Monetary Economics, Vol. 51(2), March 2004.
  • “Law and finance: Why does legal origin matter?” (with T. Beck and R. Levine), Journal of Comparative Economics, Vol31(4), December 2003.
  • “Law, endowments, and finance” (with T. Beck and R. Levine), Journal of Financial Economics, Vol. 70(2), November 2003.
  • “Does deposit insurance increase banking system stability? An empirical investigation” (with E. Detragiache), Journal of Monetary Economics, Vol. 49(7), October 2002.
  • “Funding growth in bank-based and market-based financial systems: Evidence from firm level data” (with V. Maksimovic), Journal of Financial Economics, Vol. 65 (3), September 2002.
  • “Deposit insurance around the globe: Where does it work?” (with E. Kane), Journal of Economic Perspectives, Vol. 16 (2), Spring 2002.
  • “Cross-country evidence on deposit insurance” (with E. Kane), Quarterly Review of Economics and Finance, Vol. 42 (4), Fall 2002.
  • “Legal theories of financial development” (with T. Beck and R. Levine), Oxford Review of Economic Policy, Vol. 17 (4), 2001.

Professional ActivitiesEditorial Responsibilities: Member Editorial Committee, World Bank publications (2003-present); Member Editorial Board; Finance Letters (2002- present); Associate Editor; Journal of Financial Services Research (1999-present).



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