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Working paper

Does Consumer Confidence Forecast Consumption Expenditure in New Zealand? (WP 03/22)

Issue date: 
Monday, 1 September 2003
View point: 
Publication category: 
JEL classification: 
E21 - Macroeconomics: Consumption; Saving; Wealth
E27 - Macroeconomics: Consumption, Saving, Production, Employment, and Investment: Forecasting and Simulation: Models and Applications

Formats and related files

This paper examines the ability of consumer confidence to forecast consumption expenditure in New Zealand.


I would like to thank Richard Downing, Iris Claus, Tim Hampton, Satish Ranchhod and John Creedy for useful discussions and comments.


The views expressed in this Working Paper are those of the author(s) and do not necessarily reflect the views of the New Zealand Treasury. The paper is presented not as policy, but with a view to inform and stimulate wider debate.

Last updated: 
Wednesday, 24 October 2007