IMF Staff Papers, Volume 57, No. 2

This paper introduces a new database of financial reforms covering 91 economies over 1973-2005. It describes the content of the database, the information sources utilized, and the coding rules used to create an index of financial reform. It also compares the database with other measures of financial...

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Bibliographic Details
Corporate Author: International Monetary Fund Research Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2010
Series:IMF Staff Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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653 |a Interest rates 
653 |a Credit 
653 |a Investments, Foreign 
653 |a Banks 
653 |a Finance 
653 |a Financial services 
653 |a Deflation 
653 |a Trade Policy 
653 |a Exports and Imports 
653 |a Mortgages 
653 |a Money 
653 |a International trade 
653 |a Bank credit 
653 |a Macroeconomics 
653 |a Banking 
653 |a Foreign direct investment 
653 |a International finance 
653 |a Depository Institutions 
653 |a Inflation 
653 |a International Trade Organizations 
653 |a Monetary economics 
653 |a Real interest rates 
653 |a Trade liberalization 
653 |a Monetary Policy, Central Banking, and the Supply of Money and Credit: General 
653 |a Micro Finance Institutions 
653 |a Balance of payments 
653 |a Long-term Capital Movements 
653 |a Trade balance 
653 |a International economics 
653 |a Price Level 
653 |a Commercial policy 
653 |a Banks and Banking 
653 |a Prices 
653 |a Interest Rates: Determination, Term Structure, and Effects 
653 |a Money and Monetary Policy 
653 |a International Investment 
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520 |a This paper introduces a new database of financial reforms covering 91 economies over 1973-2005. It describes the content of the database, the information sources utilized, and the coding rules used to create an index of financial reform. It also compares the database with other measures of financial liberalization, provides descriptive statistics, and discusses some possible applications. The database provides a multifaceted measure of reform, covering seven aspects of financial sector policy. Along each dimension the database provides a graded (rather than a binary) score, and allows for reversals