A Tourism Financial Conditions Index

Feb 3rd, 2012
Studypool Tutor
University of Kent, Canterbury and Medway
Course: finance
Price: $50 USD

Tutor description

The monthly TFCI is straightforward to use and interpret, and provides interesting insights in predicting the current economic and financial environment for tourism stock index returns. The use of returns on the tourism stock index as the sole indicator of the tourism sector, as compared with the general activity of the economic variables on the tourism stock variable, was shown to provide an exaggerated and excessively volatile explanation of tourism financial conditions.

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