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 …

This paper estimates the augmented real monetary conditions index (MCI) for Malaysia and evaluates its significance …

In recent years increasing use has been made in monetary policy analysis of the so-called Monetary Conditions Index … (MCI). The index is defined as a linear combination of changes in a short-term real interest rate and in the real effective …, alternatively, on a price index. The MCI is usually regarded as a measure of the degree of tightness of monetary policy in an open …

construct monetary condition index (MCI) for the gulf countries, namely Bahrain, Iraq, Kuwait, Oman, Qatar, Kingdom of Saudi …

paper constructs a broad monetary conditions index for Nigeria. It brings together the three key channels of monetary …, followed by credit channel and interest rate channel. The resultant monetary conditions index traces fairly well the policy …