Management summary Research study „The Effect of Consumer Confidence and Subjective Well-being on Consumers‘ Spending Behavior“
The paper examines the effects of consumer confidence and selected well-being indicators on aggregate consumption and its subcomponents in a panel of 22 OECD countries. The method used is the method of generalized moments. Consumer confidence plays a positive role especially in the case of spending on durable and semi-durable goods and also services. Conversely, […]








