Table 3 Constructed variables
Constructed variables | Types | Categories |
|---|---|---|
Degree of foreign trade dependence | Ratio | Balance of payments |
Loan-to-deposit ratio | Ratio | Financial submarkets |
Ratio of government spending to revenue | Ratio | Fiscal |
Balance of trade | Level | Balance of payments |
Commercial bank fixed deposit | Level | Financial submarkets |
Cost of long-term toan | Level | Financial submarkets |
Elasticity coefficient of government revenue | Composite calculated | Fiscal |
Elasticity coefficient of government expenditure | Composite calculated | Fiscal |
Yield curve slope | Level | Monetary |
Global-minus | Composite calculated | External impact |
Global-sum | Composite calculated | External impact |
Global-im | Composite calculated | External impact |
Global-ex | Composite calculated | External impact |