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einem europäischen Divisia-Index wird außerdem ein mikroökonomisch fundierter¤ Ansatz für die Aggregation verschiedener …; Aggregationen mit einem europäishen Divisia-Index; Empirische Ergebnisse; Zusammenfassung der Ergebnisse. …
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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 …
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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 …
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