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dc.contributor.authorSilverstone, Brian
dc.contributor.authorMitchell, James
dc.date.accessioned2008-12-15T01:53:41Z
dc.date.available2008-12-15T01:53:41Z
dc.date.issued2005-12
dc.identifier.citationSilverstone, B. & Mitchell, J. (2005). Insights into business confidence from firm-level panel data. (Department of Economics Working Paper Series, Number 9/05). Hamilton, New Zealand: University of Waikato.en_US
dc.identifier.urihttps://hdl.handle.net/10289/1641
dc.description.abstractBusiness confidence announcements attract widespread attention, yet relatively little is known about the series itself. What, for example, does an improvement or deterioration in business confidence mean? We consider this question using a panel of firm-level responses to a business opinion survey that includes a question on business confidence. We relate the confidence responses of the firms to microeconomic and macroeconomic variables that have a direct interpretation and, as a result, determine the variables that firms associate with business confidence. Our analysis of firm-level data reveals that what firms associate with business confidence changes over time and means different things to different firms. Consequently, it is not immediately apparent what a change in business confidence actually means.en_US
dc.format.mimetypeapplication/pdf
dc.language.isoen
dc.publisherDepartment of Economics, University of Waikatoen_NZ
dc.relation.ispartofseriesDepartment of Economics Working Paper Series
dc.subjectbusiness confidenceen_US
dc.subjectbusiness surveysen_US
dc.subjectpolychoric correlationen_US
dc.subjectNew Zealanden_US
dc.titleInsights into business confidence from firm-level panel dataen_US
dc.typeWorking Paperen_US
uow.relation.series9/05
pubs.elements-id53075


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