The Forecasting Power of the Index of Consumer Sentiment: How Robust is It to Alternative Specifications?
Using data from the Michigan Consumer Survey, I explore alternatives for constructing the Index of Consumer Sentiment (ICS) to improve its forecasting power regarding consumption and its components. Questions which seemed to matter in the past are no longer good predictors. For more recent sample pe...
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| Format: | Others |
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Scholarship @ Claremont
2015
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| Online Access: | http://scholarship.claremont.edu/cmc_theses/1180 http://scholarship.claremont.edu/cgi/viewcontent.cgi?article=2147&context=cmc_theses |