The Predictive Ability of Consumer Attitudes, Stock Prices, and Non-Attitudinal Variables
作者:
Irwin Friend,
F.Gerard Adams,
期刊:
Journal of the American Statistical Association
(Taylor Available online 1964)
卷期:
Volume 59,
issue 308
页码: 987-1005
ISSN:0162-1459
年代: 1964
DOI:10.1080/01621459.1964.10480745
出版商: Taylor & Francis Group
数据来源: Taylor
摘要:
This article reports on tests of the comparative usefulness of consumer attitudes, stock prices, and some non-attitudinal variables for short-term forecasting of the value and number of motor vehicle sales. Both levels and changes of the variables are analyzed for a variety of time spans between 1952 and 1962. The work suggests that stock prices and some non-attitudinal variables, like the length of the work week, share the predictive ability of consumer attitudes, except perhaps for the early part of the 1952–62 period.
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