Sentiments and spending intentions: Evidence from Florida

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2024-03-20 DOI:10.1111/ecin.13215

Hector H. Sandoval, Anita N. Walsh

引用次数: 0

Abstract

Consumer sentiment is considered an important indicator of changes in household spending. However, the evidence of the causal relationship between sentiment and consumption is mixed and scarce. We address this gap using data from the monthly Florida Consumer Attitude Survey, which captures party affiliation, consumer sentiment, and spending intentions since 1991. We employ political partisanship as an instrument for sentiment and find a significant effect of sentiment on spending intentions. Finally, we provide evidence that spending intentions relate to actual spending and show that spending increased among counties with a larger share of Republican voters following the 2016 presidential election.

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情绪和消费意向：佛罗里达州的证据

消费者情绪被认为是家庭支出变化的一个重要指标。然而，有关消费者情绪与消费之间因果关系的证据却不尽相同，而且数量稀少。我们利用佛罗里达消费者态度月度调查的数据填补了这一空白，该调查自 1991 年以来一直记录着政党归属、消费者情绪和消费意向。我们将政治党派作为情绪的工具，发现情绪对消费意愿有显著影响。最后，我们提供了支出意愿与实际支出相关的证据，并表明在 2016 年总统大选后，共和党选民比例较高的县的支出有所增加。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.