Consumer confidence from the perspective of economic literature

  • Raúl Mercau Universidad Champagnat. Facultad Ciencias Empresariales y Gestión Pública; Argentina
Keywords: Consumer confidence. Permanent income. Behavioral economics. Animal spirits. Economic forecasts.

Abstract

This paper analyses the concept of consumer confidence, highlights its usefulness and reviews the literature, especially regarding its predictive power on future consumption and income. The survey carried out shows that a large majority of the works, especially the most cited ones, support the idea that consumer confidence indices, together with other traditional economic variables, are good predictors of consumption, savings or income.

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Published
2025-02-12
How to Cite
MercauR. (2025). Consumer confidence from the perspective of economic literature. Investigación Ciencia y Universidad, 8(12), 25-33. https://doi.org/10.59872/icu.v8i12.533