The share of private consumption in gross domestic product is significant; therefore, private consumption has a great influence on economic growth, which makes it a major concept in economics. The purpose of the paper is to estimate and evaluate different forecasting models for private...

The paper examines the results of a cross section regression analysis against four hypotheses. The primary hypothesis concerned the effect of economic prosperity and growth on “willingness to assist”. The positive prosperity effect was unsurprisingly confirmed. In connection to the second...