The Influence of Consumer Sentiment Index on a Consumption Forecast in Russia and the USA

Student: Nureeva Karina

Faculty: International College of Economics and Finance

Educational Programme: Double degree programme in Economics of the NRU HSE and the University of London (Bachelor)

Year of Graduation: 2019

In my research I tried to find out whether the Index of Consumer Sentiment could be used in order to forecast the personal consumption in Russia and the USA for the period 2000-2017. By using different models and by adjusting data I tried to find nature of this question. Moreover, the research provides a possible explanation for differences in obtained results for Russia and the USA. The paper also refers to the previous studies and provide motives for exploring this question.

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