| Autor: |
de Bruijn, L.P., Segers, R., Franses, Ph.H.B.F. |
| Rok vydání: |
2014 |
| Předmět: |
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| Popis: |
This paper puts forward a new data collection method to measure daily consumer confidence at the individual level. The data thus obtained allow to statistically analyze the dynamic correlation of such a consumer confidence indicator and to draw inference on transition rates. The latter is not possible for currently available monthly data collected by statistical agencies on the basis of repeated cross-sections. In an application to measuring Dutch consumer confidence, we show that the incremental information content in the novel indicator helps to better forecast consumption. |
| Databáze: |
OpenAIRE |
| Externí odkaz: |
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