A ‘New Modesty’? Level Shifts in Survey Data and the Decreasing Trend of ‘Normal’ Growth
Description
The paper examines shifts over time in the link between survey data and ‘hard’ economic data and suggests that business and consumer survey results can be useful in complementing the assessment of potential growth.
Author(s)
Christian Gayer and Bertrand Marc
Information and identifiers
Discussion Paper 083. July 2018. Brussels. PDF. 32pp. Tab. Graph. Bibliogr. Free.
KC-BD-18-010-EN-N (online)
ISBN 978-92-79-77420-1 (online)
ISSN 2443-8022 (online)
doi:10.2765/067112 (online)
JEL classification: C32, E32, O47, O52
Disclaimer
European Economy Discussion Papers are written by the staff of the European Commission’s Directorate-General for Economic and Financial Affairs, or by experts working in association with them, to inform discussion on economic policy and to stimulate debate. The views expressed in this document are solely those of the author(s) and do not necessarily represent the official views of the European Commission.