Bovi, Maurizio - EconWPA - 2004
1982-2003. To this end, standard consumption equations are estimated and then compared, in terms of in-sample and out …-of-sample predictive ability, with corresponding models which differ from them only because of the presence of the confidence indicator … about the i) current, ii) future, iii) general, and iv) personal situation. In turn, the total private consumption is …