Do Financial Sector Reforms Lead to Financial Development? Evidence From a New Dataset
Do Financial Sector Reforms Lead to Financial Development? Evidence From a New Dataset
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St. Louis: Federal Reserve Bank of St. Louis
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English
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St. Louis: Federal Reserve Bank of St. Louis
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This paper studies whether the policies that, over the past decades, liberalized bankingsystems around the world have resulted in deeper credit markets. To measure banking sectorreforms we use a new index that tracks policy changes in five separate areas for 91 countriesover 1973-2005. We find that reforms have led to financial deepening, but only...
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Do Financial Sector Reforms Lead to Financial Development? Evidence From a New Dataset
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TN_cdi_proquest_journals_1698600802
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_1698600802
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https://www.proquest.com/docview/1698600802?pq-origsite=primo&accountid=13902
