Skip to main content

International Tradition of Tendency Surveys

  • Chapter
  • First Online:
Book cover Business Cycles in BRICS

Part of the book series: Societies and Political Orders in Transition ((SOCPOT))

  • 428 Accesses

Abstract

Today Economic Tendency Surveys are considered as part of the core economic statistics for a large group of countries. Based on its conformity with growth cycles these statistics have been widely used by Central Banks and market analysts in nowcasting and short-term forecasting. They also contain information not found in other statistics, mostly related to the psychological elements that influence firms’ and consumers’ expectations.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 129.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 169.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 169.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  • Acemoglu D, Scott A (1994) Consumer confidence and rational expectations: are agents’ beliefs consistent with the theory? Econ J 104(422):1–19

    Article  Google Scholar 

  • Amstad M, Etter R (2000) A new approach to indicate changes in business cycles in the manufacturing industries using Markov switching models on business survey indicators. In: Economic surveys and data analysis, CIRET conference proceedings. OECD, Paris, pp 283–305

    Google Scholar 

  • Blanchard O (2011) Chapter 3: The goods market. In: Macroeconomics, 5th edn. Pearson, Boston

    Google Scholar 

  • Bram J, Ludvigson SC (1998) Does consumer confidence forecast household expenditure? A sentiment index horse race. Fed Reserv Bank NY Econ Policy Rev 4:59–78

    Google Scholar 

  • Carroll C, Fuhrer J, Wilcox D (1994) Does consumer sentiment forecast household spending? If so, why? Am Econ Rev 84:1397–1408

    Google Scholar 

  • Curtin RT (1984) Consumer attitudes for forecasting. In: Kinnear TC (ed) NA–Advances in consumer research, vol 11. Association for Consumer Research, Provo, UT

    Google Scholar 

  • Giannone D, Reichlin L, Simonelli S (2009) Nowcasting euro area economic activity in real time: the role of confidence indicators. Natl Inst Econ Rev 210(1):90–97

    Article  Google Scholar 

  • Graminho FM (2015) Sentimento e Macroeconomia: uma análise dos índices de confiança no Brasil, Brazilian Central Bank, trabalhos para discussão, 408, November, 2015

    Google Scholar 

  • Katona G (1975) Psychological economics. Elsevier Scientific, New York

    Google Scholar 

  • Keynes JM (1936) The general theory of employment, interest and money. Macmillan Cambridge University Press, London

    Google Scholar 

  • Nerb G (2007) The importance of representative surveys of enterprises for empirically oriented business cycle research. In: Goldrian G (ed) Handbook of survey-based business cycle analysis. Edward Elgar, Cheltenham

    Google Scholar 

  • Strigel WH (1990) Business cycle surveys: a new quality in economic statistics. In: Moore GH (ed) Analyzing modern business cycles: essays honoring. ME Sharpe, London

    Google Scholar 

  • UNSD (2014) Handbook on economic tendency surveys. Draft. United Nations Statistics Division, New York

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Aloisio Campelo Jr .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2019 Springer International Publishing AG, part of Springer Nature

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Campelo, A. (2019). International Tradition of Tendency Surveys. In: Smirnov, S., Ozyildirim, A., Picchetti, P. (eds) Business Cycles in BRICS. Societies and Political Orders in Transition. Springer, Cham. https://doi.org/10.1007/978-3-319-90017-9_11

Download citation

Publish with us

Policies and ethics