A New Database of Financial Reforms

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.

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Year of publication:	2008-12-01
Authors:	Detragiache, Enrica ; Abiad, Abdul ; Tressel, Thierry
Institutions:	International Monetary Fund (IMF)
Subject:	Economic reforms \| Economic databases \| Financial sector \| banking \| financial liberalization \| financial reform \| banking supervisory agency \| financial reforms \| reserve requirements \| interest rate controls \| deposit rates \| banking supervision \| banking sector \| bank regulations \| bank assets \| reserve requirement \| financial systems \| capital adequacy \| financial institutions \| equity market \| capital adequacy ratio \| bond \| bank privatization \| credit control \| equity markets \| financial system \| bank regulation \| financial sector development \| financial deregulation \| financial sector liberalization \| equity share \| international finance \| bank entry \| bank credit \| banking reform \| banking industry \| bank of spain \| domestic financial sector \| foreign equity \| financial intermediation \| bank independence \| banking crises \| bank supervision \| bank lending \| government bonds \| deposit interest rates \| banks ? assets \| derivative markets \| financial market \| bank for international settlements \| international capital \| banking activities \| financial intermediaries \| liberalization of capital flows \| development of bond markets \| banking sector assets \| interest rate liberalization \| derivative \| bank supervisory authorities \| banking supervisory agencies \| stock exchanges \| banking crisis \| repressed financial systems \| deposit interest \| bank performance \| bond market \| banking regulations \| stock market \| corporate bond \| stock market capitalization \| stock exchange \| banking market \| bonds \| bank loans \| asian bond market \| equity investment \| bond markets \| interest rate deregulation \| financial regulations \| bank ownership \| financial repression \| financial markets \| state intervention \| banking system \| financial stability \| domestic financial systems \| banks ? balance sheets

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Extent:	application/pdf
Series:	IMF Working Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Working Papers Number 08/266 2 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005604989