Gausden, Robert, Hasan, Mohammad S. (2020) Comparative Performances of Measures of Consumer and Economic Sentiment in Forecasting Consumption: A Multi-Country Analysis. Applied Economics, 52 (10). pp. 1088-1104. ISSN 0003-6846. (doi:10.1080/00036846.2019.1659489) (KAR id:75917)
PDF
Author's Accepted Manuscript
Language: English |
|
Download this file (PDF/724kB) |
Preview |
Request a format suitable for use with assistive technology e.g. a screenreader | |
Official URL: https://doi.org/10.1080/00036846.2019.1659489 |
Abstract
This paper seeks to compare the capabilities of assorted measures of consumer and economic sentiment in predicting the growth of household expenditure. An analysis of quarterly data on five European countries shows that for none of these can the model which incorporates the EU’s headline consumer confidence indicator be deemed to be significantly inferior to any of its seven rivals. However, the rankings of the sentiment variables are seen to be influenced by: the proportion of total spending by households that is devoted to durable goods; and the nature of the behaviour of consumption over the forecast interval.
Item Type: | Article |
---|---|
DOI/Identification number: | 10.1080/00036846.2019.1659489 |
Uncontrolled keywords: | consumption; consumer confidence; model confidence set; consumer survey; forecasting |
Subjects: | H Social Sciences > HB Economic Theory |
Divisions: | Divisions > Kent Business School - Division > Department of Accounting and Finance |
Depositing User: | Mohammad Hasan |
Date Deposited: | 21 Aug 2019 09:30 UTC |
Last Modified: | 05 Nov 2024 12:40 UTC |
Resource URI: | https://kar.kent.ac.uk/id/eprint/75917 (The current URI for this page, for reference purposes) |
- Link to SensusAccess
- Export to:
- RefWorks
- EPrints3 XML
- BibTeX
- CSV
- Depositors only (login required):