data statement (Drivers of capital flows to European Transition Economies)

CE: Gross-Portfolio Equity Inflows: total, % of GDP, Source: IFS (IMF)
CD: Gross-Portfolio Debt Inflows: total, % of GDP, Source: IFS (IMF)
GE: Government Effectiveness Rate, Estimate of governance (ranges from approximately -2.5 (weak) to 2.5 (strong) governance performance), Source : Kaufman, Kraay and Mastruzzi (2010), WGI database
FD: Financial Development Index , Source: IMF data
RGDP: Real GDP Growth Rate in Local currency, Source: IFS (IMF)
RERVOL: Real Effective Exchange Rate Volatility: Based on past 12 monthly observation for all countries (calculated by authors), Source: FRED database
PD: Country Public Dept : total, % of GDP, Source:Abbas, Belhocine, ElGanainy adn Horton (2010) IMF database
FO: Financial Opennes Index, Source: Chin and Ito (2023)
VIX: The Volatility Index (VIX) computed by the Chicago Board Options, Source: FRED database
BBB: Credit spread of BBB rated US Corporate Index Option-Adjusted Spread, % Source: FRED database
INT: Short Term Interest Rates of Countries, Source: OECD database
INTS: three-month T-bill rate, Source: FRED database
G7: Growth rate of G7 countries: Annual percentage growth rate of GDP at market prices based on constant local currency, Source: WDI database
EPU: US economic policy uncertainty: Neswpaper based index, Source:www.policyuncertainty.com