Mehdi Nejati

[ 1 ] - The Calculation of the Monetary Condition Index (MCI) in Iran Economy (1978–2012)

T   he completed MCI includes three main channels of interest rate, exchange rate and credit rate. In developing countries such as Iran, this indicator, which contains a credit channel, could be better used to illustrate the country’s monetary condition. This study has been done to calculate this index for the period of 1978–2012. For this purpose, the function of the total economy demand ...