- Tytuł:
- Consumer confidence, durable goods purchase and unemployment forecast
- Autorzy:
- Białowolski, Piotr
- Powiązania:
- https://bibliotekanauki.pl/articles/424992.pdf
- Data publikacji:
- 2014
- Wydawca:
- Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
- Tematy:
-
consumer confidence
confirmatory factor analysis
durable goods purchase
measurement invariance
unemployment expectations - Opis:
- Multi-Group Confirmatory Factor Analysis (MGCFA) demonstrated the deficiency of the four original European Commission (EC) items for consumer confidence. Fit of the MGCFA model was unacceptable and without scalar invariance, index comparison between study periods was not permissible. This provided clear motivation for a plausible alternative index specification to comply with requirements for single-dimensionality and meaning invariance throughout the study period. The MGCFA model using a new set of items demonstrated partial metric and partial scalar invariance. Using the structural equation framework, consumer confidence was revealed as strongly interrelated with unemployment forecast and durable goods purchase.
- Źródło:
-
Econometrics. Ekonometria. Advances in Applied Data Analytics; 2014, 3(45); 42-55
1507-3866 - Pojawia się w:
- Econometrics. Ekonometria. Advances in Applied Data Analytics
- Dostawca treści:
- Biblioteka Nauki
Artykuł