Measuring Financial Integration: More Data, More Countries, More Expectations

Chapter prepared for Handbook of Financial Integration, edited by Guglielmo Maria Caporale. We thank an anonymous referee and Jeffrey Frankel for helpful comments. Chinn and Ito acknowledge the financial support of faculty research funds of the University of Wisconsin and Portland State University, respectively The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.