IMF Staff Papers

, Volume 56, Issue 1, pp 222–238 | Cite as

Measuring Financial Integration: A New Data Set

  • Martin Schindler


This paper describes a newly constructed panel data set containing measures of de jure restrictions on cross-border financial transactions for 91 countries from 1995 to 2005. The new data set adds value to existing capital control indices by providing information at a more disaggregated level. This structure allows for the construction of various subindices, including those for individual asset categories, for inflows vs. outflows, and for residents vs. nonresidents. Disaggregations of this kind open up new ways to address questions of interest in the field of international finance. Some potential research avenues are outlined.

JEL Classifications

C82 F21 F36 


Supplementary material

41308_2009_BFimfsp200828_MOESM1_ESM.xls (390 kb)
Supplementary data: Financial Integration Dataset


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Copyright information

© International Monetary Fund 2008

Authors and Affiliations

  • Martin Schindler

There are no affiliations available

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