Consumer confidence index (cci) for european countries – relation to objective household financial situation

HIGHLIGHTS

  • What: The aims of the article are to test and select the components contributing to the by proposing a new approach to its calculation and_(2) to test the links between sentiment and the level of financial instruments held by European households. Referring to the discussion in the literature on the construction of the Consumer Confidence Index, the paper proposes a new CCI. The analyses carried out enabled the research objectives to be achieved. Given the growing role of consumer confidence in econometric models, the article proposes a more detailed analysis of the parameters that make up . . .

     

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