In creating an index that measures the extent of openness in capital account transactions, the authors address the lack of proper ways of measuring the extent of the openness in cross-border financial transactions. The data are available for 181 countries for 1970-2005.
A New Measure of Financial Openness
Additional Info
- Volume or issue no.: La Follette School Working Paper No. 2007-033
- Author(s): Menzie D. Chinn and Hiro Ito
- Link to publication: Download PDF