Abstract
Today Economic Tendency Surveys are considered as part of the core economic statistics for a large group of countries. Based on its conformity with growth cycles these statistics have been widely used by Central Banks and market analysts in nowcasting and short-term forecasting. They also contain information not found in other statistics, mostly related to the psychological elements that influence firms’ and consumers’ expectations.
Keywords
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsReferences
Acemoglu D, Scott A (1994) Consumer confidence and rational expectations: are agents’ beliefs consistent with the theory? Econ J 104(422):1–19
Amstad M, Etter R (2000) A new approach to indicate changes in business cycles in the manufacturing industries using Markov switching models on business survey indicators. In: Economic surveys and data analysis, CIRET conference proceedings. OECD, Paris, pp 283–305
Blanchard O (2011) Chapter 3: The goods market. In: Macroeconomics, 5th edn. Pearson, Boston
Bram J, Ludvigson SC (1998) Does consumer confidence forecast household expenditure? A sentiment index horse race. Fed Reserv Bank NY Econ Policy Rev 4:59–78
Carroll C, Fuhrer J, Wilcox D (1994) Does consumer sentiment forecast household spending? If so, why? Am Econ Rev 84:1397–1408
Curtin RT (1984) Consumer attitudes for forecasting. In: Kinnear TC (ed) NA–Advances in consumer research, vol 11. Association for Consumer Research, Provo, UT
Giannone D, Reichlin L, Simonelli S (2009) Nowcasting euro area economic activity in real time: the role of confidence indicators. Natl Inst Econ Rev 210(1):90–97
Graminho FM (2015) Sentimento e Macroeconomia: uma análise dos índices de confiança no Brasil, Brazilian Central Bank, trabalhos para discussão, 408, November, 2015
Katona G (1975) Psychological economics. Elsevier Scientific, New York
Keynes JM (1936) The general theory of employment, interest and money. Macmillan Cambridge University Press, London
Nerb G (2007) The importance of representative surveys of enterprises for empirically oriented business cycle research. In: Goldrian G (ed) Handbook of survey-based business cycle analysis. Edward Elgar, Cheltenham
Strigel WH (1990) Business cycle surveys: a new quality in economic statistics. In: Moore GH (ed) Analyzing modern business cycles: essays honoring. ME Sharpe, London
UNSD (2014) Handbook on economic tendency surveys. Draft. United Nations Statistics Division, New York
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2019 Springer International Publishing AG, part of Springer Nature
About this chapter
Cite this chapter
Campelo, A. (2019). International Tradition of Tendency Surveys. In: Smirnov, S., Ozyildirim, A., Picchetti, P. (eds) Business Cycles in BRICS. Societies and Political Orders in Transition. Springer, Cham. https://doi.org/10.1007/978-3-319-90017-9_11
Download citation
DOI: https://doi.org/10.1007/978-3-319-90017-9_11
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-90016-2
Online ISBN: 978-3-319-90017-9
eBook Packages: Political Science and International StudiesPolitical Science and International Studies (R0)