How Should We Measure Consumer Confidence

By J. Dominitz, Charles F. Manski. 2004

153 citations recorded by the source corpus.

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The Welfare Effects of Misperceived Product Costs: Data and Calibrations from the Automobile Market (2013, background): “In macroeconomics, elicited consumer con dence is a barometer of economic prospects, as discussed by Dominitz and Manski (2004), Ludvigson (2004), and others.”
On the advantages and disadvantages of subjective measures (2014, background): “The paper makes a contribution to a recent literature that examines the validity of subjective measures (Bertrand and ullainathan, 2001; Dominitz and Manski, 2004; Kahneman and Krueger, 2006; Olken, 2009; Barr and Serra, 2010; Kaplan nd Pathania, 2010; Oswald and Wu, 2010; Donchev and Ujhelyi,…”
The Determinants of Stock and Bond Return Comovements (2010, methodology): “As a proxy for consumer confidence, we use the University of Michigan’s Consumer Sentiment Index (see Dominitz and Manski (2004) for a discussion).”
Interpreting the Predictions of Prediction Markets (2006, background): “returns ( Dominitz and Manski, 2004 ); Manski (2004) reviews this literature.”
Survey Measurement of Probabilistic Macroeconomic Expectations: Progress and Promise (2017, unknown): “In this case, the expectations were wildly pessimistic relative to the life table evidence; see Fischhoff et al. (2000). A further type of analysis considers situations in which persons are asked about future macro events for which it is reasonable to suppose that they have no private information.”