Variations in Consumer Sentiment Across Demographic Groups
20 Pages Posted: 6 Mar 2006
Consumer sentiment is one of the many macroeconomic indicators tracked by policymakers and the public. The aggregate numbers in consumer sentiment indexes, such as the University of Michigan's Index of Consumer Sentiment, conceal a wealth of demographic-specific information. The authors' findings suggest that index disaggregation by group matters because consumer sentiment varies systematically by demographic group.
Keywords: consumer confidence, demographic groups, Consumer Economics, Empirical Analysis
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