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The cyclical nature of Consumer Sentiments Indices in the US and UK

Easaw, Joshy and Ghoshray, Atanu 2008. The cyclical nature of Consumer Sentiments Indices in the US and UK. The Journal of Socio-Economics 37 (5) , pp. 1994-1998. 10.1016/j.socec.2008.01.011

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Abstract

The present paper investigates the cyclical nature of Consumer Sentiments Indices (CSIs) for the US and UK. Using Threshold Autoregressive (TAR) models the empirical analysis indicates that the US CSI is mean reverting but adjusts asymmetrically and downwardly rigid.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Business (Including Economics)
ISSN: 1053-5357
Last Modified: 15 Jan 2020 11:30
URI: http://orca-mwe.cf.ac.uk/id/eprint/127071

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