Document Type

Journal Article

Department/Unit

Department of Economics

Language

English

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

Publication Date

2009

Source Publication Title

Economics Letters

Volume

102

Issue

3

Start Page

161

End Page

164

Publisher

Elsevier

Peer Reviewed

1

DOI

10.1016/j.econlet.2008.12.010

Link to Publisher's Edition

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

ISSN (print)

01651765

Included in

Economics Commons

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