Results 11 to 20 of about 27,559 (264)
"A Monetary Conditions Index For Albania " [PDF]
The goal of the construction of a Monetary Conditions Index (MCI) is to analyze both the interest rate channel and the exchange rate channel. The construction is based on standard open economy macroeconomic models. MCI is the weighted sum of the change in short-term interest rate and the exchange rate with the base period, with weights that are usually
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Properties of the Monetary Conditions Index [PDF]
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 exchange rate, whose coefficients are equal to the estimated effects of the two financial variables on real ...
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Index of Monetary Conditions in Bosnia and Herzegovina [PDF]
Abstract The main goal of the research was measuring of the monetary conditions in Bosnia and Herzegovina (BH). By using multiple linear regression, Monetary Conditions Index (MCI) is constructed for the first time for BH. Monetary conditions are measured in relation to the industrial production.
Dragan Jović +2 more
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A Tourism Financial Conditions Index for Tourism Finance
The paper uses monthly data on tourism related factors from April 2005–June 2016 for Taiwan that applies factor analysis and Chang’s (2015) novel approach for constructing a tourism financial indicator, namely the Tourism Financial Conditions Index (TFCI)
Chia-Lin Chang +2 more
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TRANSITION TO INFLATION TARGETING IN UKRAINE: NEW TOOLS FOR MONETARY POLICY
Positive experience of inflation targeting in many countries influenced the decision to implement this framework in Ukraine. Authors consider the appropriateness of retaining inflation target under conditions of deteriorating currency market. Uncertainty
S. Naumenkova +2 more
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Expansionary monetary policies, which started to be implemented after the global crisis in 2008 and became widespread during the COVID-19 period, lowered global interest rates and increased the stock market indexes.
Özcan Karahan, Musa Bayır
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THE MONETARY COMPONENT IN ENSURING THE FINANCIAL SECURITY OF THE STATE
The paper studies the place and degree of the monetary component's influence on the level of financial security of the state in the conditions of political and socio-economic imbalances in the development of Ukraine.
Victoria Kovalenko +4 more
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From Money to Merely a Precious Metal: A Historical Journey of Gold in Muslim World and Gold’s Price Correlation with Other Financial Indicators in the Contemporary Financial System [PDF]
For many centuries Islamic coins, such as the dīnār (pl. danānīr), have attracted the attention of historians and chroniclers. The initial appearance of Islamic coinage came as a response to economic requirements prevailing in the Middle East following ...
Kamola Bayram, Adam Abdullah
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Poverty and labour market institutions in Europe [PDF]
The aim of this paper is to analyse the effects of flexibility in the labour market on workers’ monetary poverty in 15 European countries in the time span 2005-2016.
Liotti Giorgio, Canale Rosaria Rita
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Monetary Conditions Index for Kenya
The purpose of this paper is to construct and test the feasibility of a monetary conditions index (MCI) for Kenya using 2000 -2011 time series quarterly data.Empirical results confirm the existence of cointegration between aggregate demand (GDP), the real exchange rate, the short-term interest rate and the claims on private sector.The last three ...
James K. Gichuki, Eliud Moyi
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