1.

Record Nr.

UNINA9910788341303321

Autore

Detragiache Enrica

Titolo

A New Database of Financial Reforms / / Enrica Detragiache, Abdul Abiad, Thierry Tressel

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2008

ISBN

1-4623-3863-1

1-4527-0871-1

1-282-84217-X

1-4518-7124-4

9786612842177

Descrizione fisica

1 online resource (30 p.)

Collana

IMF Working Papers

IMF working paper ; ; WP/08/266

Altri autori (Persone)

AbiadAbdul

TresselThierry

Disciplina

339.52

Soggetti

Fiscal policy

Finance

Monetary policy

Finance: General

Money and Monetary Policy

Industries: Financial Services

Interest Rates: Determination, Term Structure, and Effects

Monetary Policy, Central Banking, and the Supply of Money and Credit: General

General Financial Markets: General (includes Measurement and Data)

Financial Institutions and Services: General

Financial Markets and the Macroeconomy

Monetary economics

Interest rate policy

Credit controls

Securities markets

Financial sector

Financial sector development

Interest rates

Financial services industry

Credit

Capital market

United States



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Contents; I. Introduction; II. Construction of the Database; III. Comparison to Other Databases; IV. Descriptive Statistics; V. Conclusions; References; Appendix I. Coding Rules; Appendix II. Information Sources; Tables; 1. Country Coverage of the Financial Reform Database; 2. Summary Statistics for Financial Liberalization Components and Index; 3. Correlations Among Financial Liberalization Components: Levels and Changes; 4. Distribution of Financial Sector Policy Change, Full Sample and by Country Groups; 5. Degree of Financial Liberalization by Components, Average 2005; Figures

1. Financial Liberalization Index by Country Groups, 1973-20052. Distribution of Financial Sector Policy Changes Over Time, 1973-2005

Sommario/riassunto

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 multi-faceted 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.