Munich Personal RePEc Archive

Time Series Estimates of the Italian Consumer Confidence Indicator

Paradiso, Antonio and Rao, B. Bhaskara and Margani, Patrizia (2011): Time Series Estimates of the Italian Consumer Confidence Indicator.

[img]
Preview
PDF
MPRA_paper_28395.pdf

Download (253kB) | Preview

Abstract

This work shows that Italian consumer confidence indicator (CCI) is non-stationary and, therefore, can be estimated with the time series methods. It is found that a long-run relationship exists between CCI, short-term interest rate, industrial production index and the difference between perceived and measured inflation. The use of time series methods to estimate CCI for Italy is a novelty in the literature.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.