Does consumer sentiment forecast household spending? The Hong Kong case

Chengze FAN, Phoebe WONG

Research output: Journal PublicationsJournal Article (refereed)

22 Citations (Scopus)

Abstract

Using Hong Kong data, this paper examines the predictive capacity of consumer confidence indexes for consumption. The results indicate that in sharp contrast with the situation in the US or Britain, the consumer confidence indexes in Hong Kong have little or almost no explanatory power in forecasting consumption growth.
Original languageEnglish
Pages (from-to)77-84
Number of pages8
JournalEconomics Letters
Volume58
Issue number1
DOIs
Publication statusPublished - 1 Jan 1998

Keywords

  • Consumer sentiment
  • Consumption
  • E21
  • Hong Kong
  • Rational expectation

Fingerprint Dive into the research topics of 'Does consumer sentiment forecast household spending? The Hong Kong case'. Together they form a unique fingerprint.

  • Cite this