South Korea: Financial markets development, depth: The latest value from 2021 is 0.773 index points, a decline from 0.832 index points in 2020. In comparison, the world average is 0.255 index points,
We estimate risk-free interest rates unaffected by convenience yields on safe assets. We infer them from risky asset prices without relying on any specific model of risk. We obtain a term structure of
The USA: Financial markets development: The latest value from 2021 is 0.9 index points, unchanged from 0.9 index points in 2020. In comparison, the world average is 0.239 index points, based on data f