An Appropriate Monetary Conditions Index for the Iranian Economy

Monetary conditions index (MCI) is used as an intermediate target of monetary policy in many developed countries. More recently, monetary authorities in some developing countries have also attempted to use this operational target to determine the stance of monetary policy in their countries. The MCI...

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Bibliographic Details
Main Authors: Morteza Khorsandi, Karim Eslamloueyan, Hossein Zonnoor
Format: Article
Language:fas
Published: Tarbiat Modares University 2012-05-01
Series:پژوهشهای اقتصادی
Subjects:
Online Access:http://ecor.modares.ac.ir/article-18-7031-en.pdf