Asli Demirguc-Kunt

TL;DR: In this paper, the authors examined the effect of international tax system features and indicators of transaction costs on the required rates of return on emerging stock markets and found that the capital gains withholding tax levied on foreign portfolio investors increases required pre-tax rates of returns.

TL;DR: In this article, the Demirguc-Kunt and Sobaci (2001) cross-country deposit insurance database was updated and extended in several important dimensions, such as identifying both recent adopters and the ones that were not covered earlier due to a lack of data.

TL;DR: In this paper, the authors characterize bank financing to small and medium enterprises (SMEs) around the world using data from a survey of 91 banks in 45 countries, and find that banks perceive the SME segment to be highly profitable, but perceive macroeconomic instability in developing countries and competition in developed countries as the main obstacles.

TL;DR: In this article, the authors investigate whether different financial, legal, and corruption issues that firms report as constraints, actually affect their growth rates, and find that the extent to which these factors constrain a firm's growth depends very much on its size, and that it is consistently the smallest firms that are most adversely affected by all these constraints.

TL;DR: In this paper, the authors examined the impact of remittances on the banking sector breadth and depth in recipient countries using municipio-level data on the fraction of households that receive remittance and on measures of banking depth for Mexico.