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PUBLICATIONS

 

Alok, Shashwat and Meghana Ayyagari, 2019, Politics, State Ownership, and Corporate Investments, Review of Financial Studies forthcoming

 

Ayyagari, Meghana; Asli Demirguc-Kunt, and Vojislav Maksimovic, 2017, What determines entrepreneurial outcomes across the world? Role of Initial Conditions, Review of Financial Studies 30 (7), 2478-2522.

 

Ayyagari, Meghana; Luis Dau, and Jennifer Spencer, 2014, Strategic Responses to FDI in Emerging Markets: Are Core Members More Responsive Than Peripheral Members of Business Groups, Academy of Management Journal 58(6), 1869-1894.

 

Ayyagari, Meghana; Asli Demirguc-Kunt, and Vojislav Maksimovic, 2014, Bribe Payments and Innovation in Developing Countries: Are Innovating Firms Disproportionately Affected, Journal of Financial and Quantitative Analysis 49(1), 51-75.

Ayyagari, Meghana; Asli Demirguc-Kunt, and Vojislav Maksimovic, 2014, Who creates jobs in developing countries? Small Business Economics 43, 75-99.

Ayyagari, Meghana; Asli Demirguc-Kunt, and Vojislav Maksimovic, 2013, What determines protection of property rights? An Analysis of Direct and Indirect Effects, Journal of Financial Econometrics 11(4), 610-649.

 

Ayyagari, Meghana; Asli Demirguc-Kunt, and Vojislav Maksimovic, 2011, Firm Innovation in Emerging Markets: Role of Governance and Finance, Journal of Financial and Quantitative Analysis, Vol. 46, 1545-1580. (Lead article)

 

Ayyagari, Meghana; Asli Demirguc-Kunt, and Vojislav Maksimovic, 2010, Formal versus Informal Finance: A Case Study of China, Review of Financial Studies Vol. 23 (8), 3048-3097.

 

Ayyagari, Meghana and Craig Doidge, 2010, Does cross-listing facilitate changes in corporate ownership and control? Journal of Banking and Finance Vol. 34(1), 208-223.

 

Ayyagari, Meghana and Renata Kosova, 2010, Does FDI facilitate Domestic Entrepreneurship: Evidence from the Czech Republic, Review of International Economics Vol. 18(1), 14-29.

 

Ayyagari, Meghana; Asli Demirguc-Kunt, and Vojislav Maksimovic, 2008, How well do Institutional Theories Explain Firms Perceptions of Property Rights? Review of Financial Studies 21(4), 1833-1871.

Ayyagari, Meghana; Asli Demirguc-Kunt, and Vojislav Maksimovic, 2008, How Important are Financing Constraints? The role of finance in the business environment, World Bank Economic Review 22(3), 483-516.

 

Ayyagari, Meghana; Thorsten Beck, and Asli Demirguc-Kunt, 2007, Small and Medium Enterprises across the Globe, Small Business Economics, 29(4), 415-434.

 

 

COMPLETED WORKING PAPERS

 

Ayyagari, Meghana; Pedro Juarros, Maria Soledad Martinez Peria, and Sandeep Singh, 2019, Access to finance and job growth: Firm-level evidence across developing countries, Revise and Resubmit

 

Ayyagari, Meghana; Asli Demirguc-Kunt, and Vojislav Maksimovic, 2019, Are Large Firms Born or Made? Evidence from Developing Countries, , Revise and Resubmit

 

Ayyagari, Meghana; Thorsten Beck, and Mohammad Hoseini, 2019, Finance and Poverty: Evidence from India, Revise and Resubmit

 

Ayyagari, Meghana; Asli Demirguc-Kunt, and Vojislav Maksimovic, 2019, Do Phoenix Miracles Exist? Firm-level evidence from financial crisis, Revise and Resubmit

 

Ayyagari, Meghana and Vojislav Maksimovic, 2017, Fewer and Less Skilled? Human Capital, Competition, and Entrepreneurial Success

 

Ayyagari, Meghana; Asli Demirguc-Kunt, and Vojislav Maksimovic, 2014, Does Local Financial Development Matter for Firm Lifecycle? Evidence from India

 

Ayyagari, Meghana; April Knill and Kelsey Syvrud, 2019, Political Ties across Country Borders

 

 

BOOK CHAPTERS

 

Ayyagari, Meghana; Asli Demirguc-Kunt, and Vojislav Maksimovic, 2019, Institutions, Firm Financing and Growth in Handbook of Development and Institutions, in Jean-Marie Baland, Francois Bourguignon, Jean-Philippe Platteau, and Theirry Verdier eds., Princeton University Press.

 

Ayyagari, Meghana; Asli Demirguc-Kunt, and Vojislav Maksimovic, 2018, “Financing SMEs and Economic Development” in Handbook of Finance and Development, Thorsten Beck and Ross Levine, eds., Edward Elgar Publishing

 

Ayyagari, Meghana; Asli Demirguc-Kunt, and Vojislav Maksimovic, 2013, Financing in Developing Countriesin Handbook of the Economics of Finance Vol. 2, in George M Constantinides, Milton Harris, and Rene Stulz, eds., Elsevier B.V.

 

 

POLICY PAPERS

 

Ayyagari, Meghana and Kijin Kim. 2019. Access to finance for SMEs: Trade finance and the Role of Technology, prepared for the Asian Development Outlook 2019

 

Ayyagari, Meghana; and Thorsten Beck. 2014. Financial Inclusion in Asia: An Overview, prepared for the Asian Development Outlook 2015