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10 1016@j Econmod 2019 11 001 by Puti Sinansari is a document available to read on EtoBox.

This study examines the relationship between consumer confidence and consumption expenditure in Indonesia, finding that confidence significantly predicts consumption growth. By analyzing data from 2000Q1 to 2019Q1, the authors demonstrate that incorporating consumer and business sentiments into forecasting models can enhance accuracy by 4% to 13%. The findings suggest that understanding consumer confidence is crucial for effective economic policymaking in Indonesia.

Author
Puti Sinansari
Language
EN