Linear and nonlinear causality between changes in consumption and consumer attitudes

Zhuo Qiao, Michael McAleer and Wing-Keung Wong

Economics Letters, 2009, vol. 102, issue 3, 161-164

Abstract: Adopting both linear and nonlinear Granger causality tests, we find consumer attitude indices of the University of Michigan's surveys are very useful in predicting consumption movements of the United States.

Keywords: Consumer; sentiment; Consumer; expectations; Consumption; growth; Nonlinear; Granger; causality; Prediction (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (49)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165-1765(08)00335-2
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:102:y:2009:i:3:p:161-164

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().