Document Type

Journal Article

Department/Unit

Department of Economics

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.

Publication Year

2009

Journal Title

Economics Letters

Volume number

102

Issue number

3

Publisher

Elsevier

First Page (page number)

161

Last Page (page number)

164

Referreed

1

DOI

10.1016/j.econlet.2008.12.010

ISSN (print)

0165-1765

Link to Publisher’s Edition

http://dx.doi.org/10.1016/j.econlet.2008.12.010

Keywords

Consumer sentiment, Consumer expectations, Consumption growth, Nonlinear Granger causality, Prediction

Included in

Economics Commons

Share

COinS