Measuring weekly consumer confidence.
2008-03-31
Research Paper
pp 1-30.
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This paper puts forward a data collection method to measure weekly 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, which is not possible for currently available monthly data collected by statistical agencies on the basis of repeated cross-sections. An application of the method to various waves of data for the Netherlands shows its merits. Upon temporal aggregation we also show the resemblance of our data with those collected by Statistics Netherlands.
Keywords
Classifications using
Journal of Economic Literature (JEL) Classification System
- C81 : Methodology for Collecting, Estimating, and Organizing Microeconomic Data
- E20 : Consumption, Saving, Production, Employment, and Investment: General
- C33 : Models with Panel Data
- C42 : Survey Methods
Automatically Extracted Terms
- panel
- confidence
- model
- consumer
- indicator
- consumer confidence
- answer
- figure
- question
- level
- survey
- consumer confidence indicator
- change
- respondent
- individual
- table
- variable
- response
- design
- period