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dc.contributor.author | Loria, Eduardo;#0000-0002-1597-3847 | |
dc.contributor.author | Brito Cruz, Luis; 371242 | |
dc.creator | Loria, Eduardo;#0000-0002-1597-3847 | |
dc.creator | Brito Cruz, Luis; 371242 | |
dc.date.accessioned | 2016-03-16T17:16:13Z | |
dc.date.available | 2016-03-16T17:16:13Z | |
dc.date.issued | 2004 | |
dc.identifier | http://www.redalyc.org/articulo.oa?id=30122317 | |
dc.identifier.uri | http://hdl.handle.net/20.500.11799/38880 | |
dc.description.abstract | The United States (U.S.) Consumer Confidence Index (CCI) has been widely and unambiguously regarded as a good 'predictor' of the U.S.'s private investment and consumption. In order to demonstrate such with statistical rigor, co-integration and Granger causality tests were applied for 1978:Q1-2003:Q1. Two crucial results were obtained: a) co-integration was not found between CCI and investment and consumption, and b) CCI does not determine -in the Granger sense- either consumption or private investment. Conversely, we found causality from these two variables over CCI. | es |
dc.format | application/pdf | |
dc.language.iso | eng | es |
dc.publisher | Asociación Internacional de Economía Aplicada | |
dc.relation | http://www.redalyc.org/revista.oa?id=301 | |
dc.rights | openAccess | |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/4.0 | |
dc.source | Estudios de Economía Aplicada (España) Num.3 Vol.22 | |
dc.subject | Economía y Finanzas | es |
dc.subject | leading indicator | es |
dc.subject | consumer confidence index | es |
dc.subject | Granger causality test | es |
dc.subject | unit root | es |
dc.subject | structural change | es |
dc.subject | co-integration | es |
dc.subject.classification | CIENCIAS SOCIALES | |
dc.title | Is the consumer confidence index a sound predictor of the private demand in the United States? | es |
dc.type | Artículo | |
dc.provenance | Científica | |
dc.road | Dorada | |
dc.ambito | Internacional | es |
dc.audience | students | |
dc.audience | researchers | |
dc.type.conacyt | article | |
dc.identificator | 5 |
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