The cyclical nature of Consumer Sentiments Indices in the US and UK
Easaw, J. Z. and Ghoshray, A., 2008. The cyclical nature of Consumer Sentiments Indices in the US and UK. Journal of Socio-Economics, 37 (5), pp. 1994-1998.
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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.
|Creators||Easaw, J. Z.and Ghoshray, A.|
|Departments||Faculty of Humanities & Social Sciences > Economics|
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