Consumer Sentiment and Economic Activity: A Cross Country Comparison
The objective of this article is to reassess the validity of the consumer confidence (or sentiment) indices in anticipating the evolution of economic activity by considering a fairly high number of countries across the world (i.e. France, Germany, Italy, UK, USA, Japan, Canada and Australia) over a...
Gespeichert in:
| 1. Verfasser: | |
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| Weitere Verfasser: | |
| Format: | Elektronisch Buchkapitel |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2004
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| Schlagworte: | |
| Online-Zugang: | DE-384 DE-473 DE-824 DE-29 DE-739 DE-355 DE-20 DE-1028 DE-1049 DE-521 DE-861 DE-898 DE-92 DE-91 DE-573 DE-19 Volltext |
| Zusammenfassung: | The objective of this article is to reassess the validity of the consumer confidence (or sentiment) indices in anticipating the evolution of economic activity by considering a fairly high number of countries across the world (i.e. France, Germany, Italy, UK, USA, Japan, Canada and Australia) over a period of about thirty years, from the beginning of the seventies till the end of 2002 (quarterly data). To our knowledge this is the first attempt to analyse the consumer confidence index for several countries over such a long period of time. We model the CSIoutput relationship in a cointegrated vector autoregression (VAR) framework, by considering a common set of variables for all countries. Our findings suggest that: (a) what appears to be the main driving forces of consumer confidence cannot be simply summarised on the basis of ... |
| Beschreibung: | 1 Online-Ressource (24 Seiten) |
| DOI: | 10.1787/jbcma-v2004-art10-en |
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| spelling | Golinelli, Roberto Verfasser aut Consumer Sentiment and Economic Activity A Cross Country Comparison Roberto Golinelli and Giuseppe Parigi Paris OECD Publishing 2004 1 Online-Ressource (24 Seiten) txt rdacontent c rdamedia cr rdacarrier The objective of this article is to reassess the validity of the consumer confidence (or sentiment) indices in anticipating the evolution of economic activity by considering a fairly high number of countries across the world (i.e. France, Germany, Italy, UK, USA, Japan, Canada and Australia) over a period of about thirty years, from the beginning of the seventies till the end of 2002 (quarterly data). To our knowledge this is the first attempt to analyse the consumer confidence index for several countries over such a long period of time. We model the CSIoutput relationship in a cointegrated vector autoregression (VAR) framework, by considering a common set of variables for all countries. Our findings suggest that: (a) what appears to be the main driving forces of consumer confidence cannot be simply summarised on the basis of ... Economics Parigi, Giuseppe ctb https://doi.org/10.1787/jbcma-v2004-art10-en Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Golinelli, Roberto Consumer Sentiment and Economic Activity A Cross Country Comparison Economics |
| title | Consumer Sentiment and Economic Activity A Cross Country Comparison |
| title_auth | Consumer Sentiment and Economic Activity A Cross Country Comparison |
| title_exact_search | Consumer Sentiment and Economic Activity A Cross Country Comparison |
| title_exact_search_txtP | Consumer Sentiment and Economic Activity A Cross Country Comparison |
| title_full | Consumer Sentiment and Economic Activity A Cross Country Comparison Roberto Golinelli and Giuseppe Parigi |
| title_fullStr | Consumer Sentiment and Economic Activity A Cross Country Comparison Roberto Golinelli and Giuseppe Parigi |
| title_full_unstemmed | Consumer Sentiment and Economic Activity A Cross Country Comparison Roberto Golinelli and Giuseppe Parigi |
| title_short | Consumer Sentiment and Economic Activity |
| title_sort | consumer sentiment and economic activity a cross country comparison |
| title_sub | A Cross Country Comparison |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/jbcma-v2004-art10-en |
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