A New Measure of Financial Openness
2,198 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/13acf3ca5f3cdf568961866f8f2f88406fee6c41
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- M. Chinn
- Hiro Ito
- Joshua Aizenman
- Barry Eichengreen
- Jonathan D. Ostry
- Linda S. Goldberg
- Davide Furceri
- Prakash Loungani
In Finance
- M. Chinn
- Joshua Aizenman
- Hiro Ito
- Jonathan D. Ostry
- Barry Eichengreen
- M. Chamon
- Yin-Wong Cheung
- Sailesh Tanna
Citations in the corpus
- The shifting drivers of global liquidity (2020, positive): “5 The local factors corresponding to borrowing country j and flow type include sovereign credit ratings, the Chinn-Ito index of financial openness (Chinn and Ito, 2008) and local GDP growth.”
- The distributional effects of capital account liberalization (2018, methodology): “7 See Chinn and Ito (2008) for details on the methodology.”
- Do Economic, Financial and Institutional Developments Matter for Environmental Degradation? Evidence from Transitional Economies (2008, background): “WDI FDI, net inflows (% GDP) WDI Inflation, average consumer prices (Index, 2000=100) IMF, World Economic Outlook (WEO) and EBRD Price Liberalization EBRD Forex and Trade Liberalization EBRD Trade Openness, (%GDP) WEO Financial Liberalization* Chinn and Ito (2008) IQ Own calculations Fossil fuel ene”
- Macroeconomic Performance During Commodity Price Booms and Busts (2012, neutral): “…the political stability of the country i constructed by ICRG (where the higher the index, the lower the political risk); and KAOi is a capital account openness measure taken from Chinn and Ito (2008) (where the higher the index, the more open the country is to crossborder capital transactions).”
- The KOF Globalisation Index – revisited (2019, methodology): “We include the most widely used index based on the AREAER reports: the Chinn-Ito index (Chinn and Ito 2006, 2008).”
- A Forensic Analysis of Global Imbalances (2011, methodology): “CI: Chinn and Ito (2006); DPI2004: ICRG: International Country Risk Guide; IFS: IMF’s International Financial Statistics; LM: Lane and Milesi-Ferretti (2006); OECD: OECD Economic Outlook Database; PWT: Penn World Table 6.”
- Measuring Financial Integration: A New Data Set (2009, background): “Chinn and Ito (2007) also construct a composite measure from these four dummy variables taking a principal components 12 This is only one aspect of intensity.”