Description of the variables
| Variable | Description |
|---|---|
| GDP | annual percentage growth rate of GDP at market prices |
| RINT | lending rate minus inflation |
| RDEP | deposit rate minus inflation |
| INF | annual percentages of consumer prices |
| CHINN | Chinn-Ito-index, a measure of a nation’s financial openness |
| BC | private credit provided by the banking sector as a ratio of GDP |
| CA | current account balance as a percentage of GDP |
| REG | Regulatory quality |
| Variable | Description |
|---|---|
| GDP | annual percentage growth rate of GDP at market prices |
| RINT | lending rate minus inflation |
| RDEP | deposit rate minus inflation |
| INF | annual percentages of consumer prices |
| CHINN | Chinn-Ito-index, a measure of a nation’s financial openness |
| BC | private credit provided by the banking sector as a ratio of GDP |
| CA | current account balance as a percentage of GDP |
| REG | Regulatory quality |