It is remarkable how this "financial deregulation index" has been constructed. It is a sum of three variables taking 0 or 1 plus the fraction of states having (local!) branching restrictions. Apples are added to oranges and those are added to melons. Very noteworthy and insightful. Great economics!
![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
timeasmymeasure
no subject
Date: 2009-04-08 07:16 am (UTC)