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2002 Working Paper Series

No. Authors Title
2002-1 Evgeni Peev The Political Economy of Corporate Governance Change in Bulgaria: Washington Consensus, Primitive Accumulation of Capital, and Catching-Up in the 1990"
2002-2 Naohito Abe Saving, Capital Flows, and the Symmetric International Spillover of Industrial Policies
2002-3 Masaharu Hanazaki and Akiyoshi Horiuchi A Review of Japan's Bank Crisis from the Governance Perspective
2002-4 Chutathong Charumirind, Raja Kali and Yupana Wiwattanakantang Crony Lending: Thailand before the Financial Crisis
2002-5 Maitreesh Ghatak and Raja Kali Financially Interlinked Business Groups
2002-6 Tarun Khanna, Joe Kogan and Krishna Palepu Globalization and Similarities in Corporate Governance: A Cross-Country Analysis
2002-7 Chongwoo Choe Delegated Contracting and Corporate Hierarchies
2002-8 Tarun Khanna and Yishay Yafeh Business Groups and Risk Sharing around the World
2002-9 Yitae Kim, Kwangwoo Park, Ronald A. Ratti and Hyun-Han Shin Do Main Banks Extract Rents from their Client Firms? Evidence from Korean Chaebol
2002-10 Edward J. Kane How Country and Safety-Net Characteristics Affect Bank Risk-Shifting
2002-11 Vidhan K. Goyal and Takeshi Yamada Asset Price Shocks, Financial Constraint, and Investment: Evidence from Japan
2002-12 Clive S. Lennox Opinion Shopping and Audit Committees
2002-13 Seki Obata Pyramid Business Groups in East Asia: Insurance or Tunneling?
2002-14 Ishtiaq Pasha Mahmood and Will Mitchell Two Faces: Effects of Business Groups on Innovation in Emerging Economies
2002-15 Kwangwoo Park Foreign Ownership and Firm Value in Japan
2002-16

Adrian van Rixtel, Yupana Wiwattanakantang, Toshiyuki Souma and Kazunori Suzuki

Banking in Japan: Will "To Big To Fail" Prevail?
2002-17 Stijn Claessens and Leora F. Klapper Bankruptcy around the World: Explanations of its Relative Use