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The MIMIC–CUB Model for the Prediction of the Economic Public Opinions in Europe

  • Maurizio Carpita
  • Enrico Ciavolino
  • Mariangela Nitti
Article
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Abstract

To study the Europeans’ perception on the economic conditions, a model that combine Multiple Indicators Multiple Causes (MIMIC) and Combination of Uniform and shifted Binomial (CUB) is proposed. The MIMIC–CUB Model, estimated at country-level using the Partial Least Squares, specifies the influence of the economic forecast news on a latent variable named “Citizens’ perception of the European economics health state”. The survey is related, at both national and EU level, to the period 2005–2014.

Keywords

MIMIC Model CUB Model Macro-economic indicators Eurobarometer public opinion survey Economic crisis 

Notes

Funding

Funding was provided by Seventh Framework Programme (Grant No. 320270).

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Copyright information

© Springer Science+Business Media B.V., part of Springer Nature 2018

Authors and Affiliations

  1. 1.Department of Economics and ManagementUniversity of BresciaBresciaItaly
  2. 2.Department of History, Society and Human StudiesUniversity of SalentoLecceItaly
  3. 3.Department of Engineering for InnovationUniversity of SalentoLecceItaly

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