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 …