Arbeitspapier
And action: TV sentiment and the US consumer
With a novel dataset, we test whether sentiment in TV news can be used as a proxy for consumer sentiment in order to explain changes in private consumption growth in the United States. The University of Michigan Index of Consumer Sentiment is taken to compare its explanatory power with TV sentiment in classical consumer behavior models. We find that TV sentiment can be used at least as good a proxy for consumer sentiment as the Index of Consumer Sentiment, while TV sentiment can best explain private consumption behavior with personal income and savings.
- Language
-
Englisch
- Bibliographic citation
-
Series: KOF Working Papers ; No. 268
- Classification
-
Wirtschaft
Consumer Economics: Empirical Analysis
Macroeconomics: Consumption; Saving; Wealth
- Subject
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TV sentiment
consumer sentiment
private consumption
Konsumentenverhalten
Medienverhalten
USA
- Event
-
Geistige Schöpfung
- (who)
-
Uhl, Matthias W.
- Event
-
Veröffentlichung
- (who)
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ETH Zurich, KOF Swiss Economic Institute
- (where)
-
Zurich
- (when)
-
2010
- DOI
-
doi:10.3929/ethz-a-006589527
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Uhl, Matthias W.
- ETH Zurich, KOF Swiss Economic Institute
Time of origin
- 2010
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