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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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