Gerdie Everaert and Lorenzo Pozzi, "Encompassing Measures of
International Consumption Risk Sharing and their Link with Trade and
Financial Globalization", Journal of Applied Econometrics, Vol. 37,
No. 2, 2022, pp. 433-449.

The data are taken from the Jorda-Schularick-Taylor macro-history
database and are contained in the file ep-data.csv, which is an ASCII
file in DOS format that is zipped in the file ep-data.zip. Unix/Linux
uers should use "unzip -a".

This dataset covers the period 1875 to 2016 for the following
countries: Australia, Canada, Switzerland, Germany, Denmark, Spain,
Finland, France, the UK, Italy, Japan, the Netherlands, Norway, Sweden
and the US. 

The included variables are:

1/ dlnC_RAW : real consumption growth (unadjusted data)

2/ dlnY_RAW : real GDP growth (unadjusted data)

3/ dlnC_NOME : real consumption growth (measurement error removed)

4/ dlnY_NOME : real GDP growth (measurement error removed))

5/ POP : population (used to calculate population-weighted growth rates)

6/ RGDPPC_PPP : PPP-adjusted real GDP (used to calculate GDP-weighted
                growth rates)

7/ TO : trade openness (nominal exports plus nominal imports divided by
        nominal GDP)

8/ FO : financial openness (de jure indicator of capital mobility)

Missing data are indicated with "nan". 

Further details about data and estimation methods can be found in the
paper and in the online appendix.