Measuring weekly consumer confidence.
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||consumer confidence, randomized sampling|
|JEL||Models with Panel Data (jel C33), Survey Methods (jel C42), Methodology for Collecting, Estimating, and Organizing Microeconomic Data (jel C81), Consumption, Saving, Production, Employment, and Investment: General (jel E20)|
|Publisher||Erasmus School of Economics|
|Series||Econometric Institute Research Papers|
|Journal||Report / Econometric Institute, Erasmus University Rotterdam|
Segers, R, & Franses, Ph.H.B.F. (2008). Measuring weekly consumer confidence. (No. EI 2008-01). Report / Econometric Institute, Erasmus University Rotterdam (pp. 1–30). Erasmus School of Economics. Retrieved from http://hdl.handle.net/1765/11892