Consumer Sentiment and Spending on Durable Goods

Frederic S. Mishkin

1978, No. 1

MANY studies have found the Index of Consumer Sentiment compiled by
the University of Michigan’s Survey Research Center to be a useful explanatory
variable for consumer expenditure, especially on consumer
durables. Why should this be so? This paper seeks to provide an answer
to this question.

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Consumer Sentiment and Spending on Durable Goods

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Consumer Sentiment and Spending on Durable Goods

Frederic S. Mishkin FSM Frederic S. Mishkin

Frederic S. Mishkin