The current financial crisis has highlighted the danger that declines in confidence can have a self-fulfilling effect on economic activity. In this paper, the authors consider ways of measuring investor and consumer confidence, and try to explain the evolution of confidence using measures of financial volatility, investment performance, macroeconomic outcomes, and policy actions. They identify a link between investor and consumer confidence. Finally...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2009/07/01
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Рабочий документ в рамках исследования вопросов политики
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WPS5007
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1
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1
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2010/07/01
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Disclosed
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Measures of investor and consumer confidence and policy actions in the current crisis
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economic market