Interest Rate Repression : A New Database

Financial repression resurfaced in the wake of the global financial crisis and might become a common feature in the post Covid-19 world. To advance knowledge and inform policy advice, this paper presents a new database on interest rate controls, a...

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Main Authors: Calice, Pietro, Diaz Kalan, Federico, Masetti, Oliver
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/356371603819593643/Interest-Rate-Repression-A-New-Database
http://hdl.handle.net/10986/34690
id okr-10986-34690
recordtype oai_dc
spelling okr-10986-346902022-09-20T00:10:53Z Interest Rate Repression : A New Database Calice, Pietro Diaz Kalan, Federico Masetti, Oliver INTEREST RATE FINANCIAL REPRESSION FINANCIAL LIBERALIZATION FINANCIAL REGULATION INTEREST RATE CONTROL CENTRAL BANK Financial repression resurfaced in the wake of the global financial crisis and might become a common feature in the post Covid-19 world. To advance knowledge and inform policy advice, this paper presents a new database on interest rate controls, a popular form of financial repression, based on a survey of 108 countries, representing 88 percent of global gross domestic product. The data cover such aspects of interest rate controls as types of controls, legal basis, intended objectives, methodologies, and enforcement rules. In an attempt to provide a meaningful characterization of the data, the paper also provides a preliminarily estimate of the degree of bindingness of the interest rate control regime in a country and presents simple correlations with other financial repression policies. 2020-10-29T13:52:59Z 2020-10-29T13:52:59Z 2020-10 Working Paper http://documents.worldbank.org/curated/en/356371603819593643/Interest-Rate-Repression-A-New-Database http://hdl.handle.net/10986/34690 English Policy Research Working Paper;No. 9457 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic INTEREST RATE
FINANCIAL REPRESSION
FINANCIAL LIBERALIZATION
FINANCIAL REGULATION
INTEREST RATE CONTROL
CENTRAL BANK
spellingShingle INTEREST RATE
FINANCIAL REPRESSION
FINANCIAL LIBERALIZATION
FINANCIAL REGULATION
INTEREST RATE CONTROL
CENTRAL BANK
Calice, Pietro
Diaz Kalan, Federico
Masetti, Oliver
Interest Rate Repression : A New Database
relation Policy Research Working Paper;No. 9457
description Financial repression resurfaced in the wake of the global financial crisis and might become a common feature in the post Covid-19 world. To advance knowledge and inform policy advice, this paper presents a new database on interest rate controls, a popular form of financial repression, based on a survey of 108 countries, representing 88 percent of global gross domestic product. The data cover such aspects of interest rate controls as types of controls, legal basis, intended objectives, methodologies, and enforcement rules. In an attempt to provide a meaningful characterization of the data, the paper also provides a preliminarily estimate of the degree of bindingness of the interest rate control regime in a country and presents simple correlations with other financial repression policies.
format Working Paper
author Calice, Pietro
Diaz Kalan, Federico
Masetti, Oliver
author_facet Calice, Pietro
Diaz Kalan, Federico
Masetti, Oliver
author_sort Calice, Pietro
title Interest Rate Repression : A New Database
title_short Interest Rate Repression : A New Database
title_full Interest Rate Repression : A New Database
title_fullStr Interest Rate Repression : A New Database
title_full_unstemmed Interest Rate Repression : A New Database
title_sort interest rate repression : a new database
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/356371603819593643/Interest-Rate-Repression-A-New-Database
http://hdl.handle.net/10986/34690
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