Legal Theories of Financial Development

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Finance and Income Inequality: Test of Alternative Theories (2003, background): “10 Beck et al ., (2001) provide an excellent summary of much of the empirical and theoretical literature on this topic.”
Financing Constraints and Entrepreneurship (2009, background): “For example, La Porta et al. (1997, 1998) and Beck et al. (2001) trace the relationships between the legal origins of financial market laws across countries and relate them to the degree of investor protection and hence the ability of financial intermediaries to raise and lend capital.”
The Rule of Law and Economic Development (2008, background): “This literature is now so substantial that it has already generated several reviews—and numerous critiques—of its own (Beck et al. 2001, Demirgüç-Kunt & Levine 2001, Gourevitch 2003, Roe 2006, Dam 2006, Keefer 2007).”
The Political Economy of Financial Development (2004, methodology): “29 See Polity IV project Data-set Users Manual 30 The scale therefore discriminates between developed democratic systems on the basis of their limitation on the powers of the chief executive, for example France’s democracy score increases with the onset of “cohabitation” during the Mitterrand presid”