The aim of the paper is to obtain confidence intervals for the tail index and high quantiles taking into account the …

Tourism Conditions Index (TCI). TCI accounts for the spillover weights based on the Granger causality test and estimates of … Taiwan. The foundation of the TCI is the Financial Conditions Index (FCI), which is derived from the Monetary Conditions … Index (MCI). The empirical findings show that TCI weighted by spillovers reveal greater significance in forecasting the …

Power index research has been a very active field in the last decades. Will this continue or are all the important …

The paper uses monthly data on financial stock index returns, tourism stock sub-index returns, effective exchange rate … constructing a tourism financial indicator, namely the Tourism Financial Conditions Index (TFCI). The TFCI is an adaptation and … extension of the widely-used Monetary Conditions Index (MCI) and Financial Conditions Index (FCI) to tourism stock data. However …

Conditions Index (TFCI). The TFCI is an adaptation and extension of the widely-used Monetary Conditions Index (MCI) and Financial … Conditions Index (FCI) to tourism stock data. However, the method of calculation of the TFCI is different from existing methods … statistically significant using the estimated conditional mean of the tourism stock index returns (RTS). Granger Causality tests …

There is a vast literature on the selection of an appropriate index of income inequality and on what desirable … properties such a measure (or index) should contain. The Gini index is, of course, the most popular. There is a concurrent … Pareto distribution. But these income distribution functions (IDFs) continue to be described with a single index (such as the …