TY  - JOUR
TT  - EXPECTATIONS AND HOUSEHOLD EXPENDITURE: CASE OF TURKEY
AU  - İpek, Egemen
AU  - Akyazı, Haydar
PY  - 2017
DA  - December
DO  - 10.11611/yead.373438
JF  - Yönetim ve Ekonomi Araştırmaları Dergisi
PB  - Bandırma Onyedi Eylül Üniversitesi
WT  - DergiPark
SN  - 2148-029X
SP  - 27
EP  - 39
VL  - 15
IS  - 1
KW  - Tüketici Güven İndeksi
KW  - Hanehalkı Harcamaları
KW  - Beklentiler
N2  - The expectationsof households have a significant impact on their current period decision-makingbehavior. In this study, it is aimed to investigate the linkage betweenhouseholds' expectations and household expenditure behavior in an empirically.In the analysis, expectations of households are represented by consumersentiment index and the sub-components of this index, and consumption behaviorare represented by total expenditures, durable, semi-durable, non-durable andservice expenditures. In this context, baseline model, which investigates onlythe linkage between consumer sentiment index and household expenditures areestimated using the Vector Autoregressive (VAR) Method for the period2009q1-2017q2. According to result, household consumption expenditure Grangercauses on consumer sentiment index. Finally, incremental model with variouscontrol variables is estimated using by OLS method. The most important resultsobtained from the study are that (i) there is a statistically significantrelationship between durable goods expenditures and the consumer centimentindex (ii) only income and gold return ratio is statistically significant effecton consumption expenditure as a control variable.
UR  - https://doi.org/10.11611/yead.373438
L1  - https://dergipark.org.tr/tr/download/article-file/396544
ER  -