Financial Development in 205 Economies, 1960 to 2010

Martin Cihak (), Asli Demirguc-Kunt, Erik Feyen and Ross Levine ()

No 18946, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper describes our construction of the Global Financial Development Database and uses the data to compare financial systems around the world. The database provides information on financial systems in 205 economies over the period from 1960 to 2010 and includes measures of (1) size of financial institutions and markets (financial depth), (2) degree to which individuals and firms can and do use financial services (access), (3) efficiency of financial intermediaries and markets in intermediating resources and facilitating financial transactions (efficiency), and (4) stability of financial institutions and markets (stability).

JEL-codes: G00 G01 G10 G20 O16 (search for similar items in EconPapers)
Date: 2013-04
New Economics Papers: this item is included in nep-ban, nep-cba and nep-fmk
Note: CF DEV EFG IFM
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Citations: View citations in EconPapers (120)

Published as Cihak, Martin & Demirguc-Kunt, Asli & Feyen, Erik & Levine, Ross, 2013. "Financial Development in 205 Economies, 1960 to 2010," Journal of Financial Perspectives, EY Global FS Institute, vol. 1(2), pages 17-36.

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Journal Article: Financial Development in 205 Economies, 1960 to 2010 (2013)
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