Economic Sentiment Shocks and Fluctuations in Economic Activity in the Euro Area and the USA Universiteit Hasselt KU Leuven
Economic sentiment indicators can provide a wealth of information for macroeconomic policy formulation and analysis. Despite this, economic sentiment is often neglected by mainstream economics. This article assesses whether there is a potential role for economic sentiment to amplify business cycle fluctuations. This paper integrates the European Commission Economic Sentiment Indicator data into an econometric analysis of the euro area business ...