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Terminology of Consumer Confidence Index

Yıl 2020, Cilt: 2 Sayı: 1, 340 - 359, 19.01.2020

Öz

The confidence in the economy
leads to positive reflections in macroeconomic indicators as a result of the
optimistic behavior of producers and consumers. The confidence-based environment
positively affects individuals' consumption, expenditure, and savings. The
consumer confidence index, which is an indicator of our expectations for the
future, is important every passing day. Confidence indices have become a topic
that needs to be dealt with in detail since they contain information about the
course and future of the economy. Therefore, policymakers, financial market
actors and real sector representatives closely follow the confidence indices.
In this respect, this study is given information about the definition,
importance, and history of the consumer confidence index, especially in the consumer
confidence index. In addition to this, the consumer confidence index, calculation
method, and development trend have been studied for Turkey.

Kaynakça

  • Arısoy, İ. (2012). Türkiye Ekonomisinde İktisadi Güven Endeksleri ve Seçilmiş Makro Değişkenler Arasındaki İlişkilerin VAR Analizi. Maliye Dergisi, 304-315.
  • Bachmann, R., & Sims, E. (2012). Confidence and the Transmission of Government Spending. Journal of Monetary Economics, 235-249.
  • Bocutoğlu, E., & Ekinci, A. (2009). Genel Teori, Küresel Krizler ve Yeniden Maliye Politikası. Maliye Dergisi (156), 66-82.
  • Boef, S. D., & Kellstedt, P. M. (2004). The Political (and Economic) Origins of Consumer Confidence. American Journal of Political Science, 48(4), 633-649.
  • Bram, J., & Ludvigson, S. (1998). Does Consumer Confidence Forecast Household Expenditure? A Sentiment Index Horse Race. Economic Policy Review, 59-78.
  • Bruestle, S., & Crain, M. (2015). A mean-variance Approach to Forecasting with the Consumer Confidence Index. Applied Economics, 47(23), 2430-2444.
  • Curtin, R. (1982). Indicators of Consumer Behavior: The University of Michigan Surveys of Consumers. The Public Opinion Quarterly, 46(3), 340-352.
  • Çelik, S., Aslanoğlu, E., & Uzun, S. (2010). Determinants of Consumer Confidence in Emerging Economies: A Panel Cointegration Analysis. 30th Annual Meeting of The Middle East Economic Association, Allied Social Science Associations, (s. 1-19). Atlanta.
  • Dees, S., & Brinca, P. S. (2013). Consumer Confidence As A Predictor of Consumption Spending: Evidence for the United States and the Euro Area. International Economics (134), 1-14.
  • Eğilmez, M. (2010). Küresel Finans Krizi (6. Baskı ). İstanbul : Remzi Kitabevi .
  • Eğilmez, M., & Kumcu, E. (2004). Ekonomi Politikası Teori ve Türkiye Uygulaması . İstanbul : Remzi Kitabevi .
  • European Commission. (2016). The Joint Harmonised EU Programme Of Business and Consumer Surveys. Brussels: Directorate-General for Economic and Financial Affairs. http://ec.europa.eu/economy_finance/db_indicators/surveys/documents/bcs_user_guide_en.pdf
  • Garner, A. (1991). Forecasting Consumer Spending: Should Economists Pay Attention to Consumer Confidence Surveys? Economic Review(May/June), 57-71.
  • Karagöz, D., & Aktaş, S. (2015). Evaluation of Consumer Confidence Index of Central Bank of Turkey Consumer Tendency Survey. The Online Journal of Science and Technology Volume 5 Issue 3 , 31-36.
  • Katona, G. (1968). Consumer Behaviour: Theory and Findings on Expectations and Aspiraitons. American Economic Association, 58(2), 19-30.
  • Kaya, D. G., & Kaygısız, A. D. (2015). 2008 Küresel Krizi ve Sonrasında Türkiye'de Uygulanan Maliye Politikalarına Genel Bir Bakış . Uluslararası Yönetim İktisat ve İşletme Dergisi , 11(26), 171-194.
  • Köse, A., & Akkaya, M. (2016). Beklenti ve Güven Anketlerinin Finansal Piyasalara Etkisi: BIST 100 Üzerine Bir Uygulama. Bankacılar Dergisi(99), 3-15.
  • Linden, F. (1982). The Consumer as Forecaster. The Public Opinion Quarterly, 46(3), 353-360.
  • Mermer, İ. (2014). Tüketici Güven Endeksi ve Hisse Senedi Getirileri İlişkisi: BIST Üzerine Bir Uygulama. Ankara: Ankara Üniversitesi Sosyal Bilimler Enstitüsü .
  • Micakova, M. (2015). What Drives Consumer Confidence? . Prague: Masaryk University.
  • Oral, E. (2005). Consumer Confidence Index for Turkey. OECD.
  • Özpınar, Ö., & Özman, H. (2017). Türkiye - ABD Güven Endekslerinin Kavramsal Çerçevesindeki Farklılıklar ve Kur - Endeks İlişkisi. V. Anadolu International Conference in Economics (s. 1-30). Eskişehir: Econanadolu .
  • Özsağır, A. (2007). Ekonomide Güven Faktörü. Elektronik Sosyal Bilimler Dergisi, 6(20), 46-62.
  • Piger, J. M. (2003, April). Consumer Confidence Surveys: Do They Boost Forecasters' Confidence? www.stlouisfed.org: Consumer Confidence Surveys: Do They Boost Forecasters' Confidence? E.T. 09/10/2018
  • Raaij, W. F. (1991). The Formation and Use of Expectations in Consumer Decision Making. T. S. Robertson, & H. H. Kassarjian içinde, Handbook of Consumer Behaviour (s. 401-418). Prentice-Hall : Englewood Cliffs, N.J. .
  • Roos, M. W. (2008). Willingness to Consume and Ability to Consume. Journal of Economic Behavior &Organization , 66, 387-402.
  • Taşar, M. (2010). "Türkiye'nin Güçlü Ekonomiye Geçiş Programı" ve Makro Ekonomik Etkilerinin Analizi . Niğde Üniversitesi İİBF Dergisi , 3(1), 76-97.
  • The Conference Board. (2011, February). Consumer Confidence Survey Technical Note. The Conference Board.
  • TUİK. (2017, Mayıs). http://www.tuik.gov.tr/PreHaberBultenleri.do?id=24897 E.T. 27/05/2017
  • TUİK.(2019, Kasım). http://www.tuik.gov.tr/PreTablo.do?alt_id=1104 E.T. 07/11/2019
  • TUSİAD. (2018, Ocak). 2018 Yılına Girerken Türkiye ve Dünya Ekonomisi. www.tusiad.org: file:///C:/Users/hp/Downloads/2018-Yilina-Girerken-Turkiye-ve-Dunya-Ekonomisi.pdf E.T. 7/10/2018
  • Uras, G. (2016, Nisan 21). Tüketici Güveni Moral Veriyor. www.milliyet.com.tr: http://www.milliyet.com.tr/yazarlar/gungor-uras/tuketici-guveni-moral-veriyor--2231514/ E.T: 4/10/2018
  • www.capital.com.tr. (2001, Haziran 1). Derviş'in Ekonomik Planı: https://www.capital.com.tr/ekonomi/makro-ekonomi/dervisin-ekonomi-plani E.T.05/10/2018
  • Yılmaz, D. (2010, April 9). Global and RegionalOutlook and the Effects of The Global Financial Crisis. www.tcmb.gov.tr: http://www.tcmb.gov.tr/wps/wcm/connect/e1148742-4ad1-48b7-bb80-648a422271e5/Baskan_SouthEastEuropeanCooperation.pdf?MOD=AJPERES&CACHEID=ROOTWORKSPACE-e1148742-4ad1-48b7-bb80-648a422271e5-m3fxBjQ E.T: 05/10/2018

Terminology of Consumer Confidence Index

Yıl 2020, Cilt: 2 Sayı: 1, 340 - 359, 19.01.2020

Öz

The confidence in the economy leads to positive reflections in macroeconomic indicators as a result of the optimistic behavior of producers and consumers. The confidence-based environment positively affects individuals' consumption, expenditure, and savings. The consumer confidence index, which is an indicator of our expectations for the future, is important every passing day. Confidence indices have become a topic that needs to be dealt with in detail since they contain information about the course and future of the economy. Therefore, policymakers, financial market actors and real sector representatives closely follow the confidence indices. In this respect, this study is given information about the definition, importance, and history of the consumer confidence index, especially in the consumer confidence index. In addition to this, the consumer confidence index, calculation method, and development trend have been studied for Turkey.

Kaynakça

  • Arısoy, İ. (2012). Türkiye Ekonomisinde İktisadi Güven Endeksleri ve Seçilmiş Makro Değişkenler Arasındaki İlişkilerin VAR Analizi. Maliye Dergisi, 304-315.
  • Bachmann, R., & Sims, E. (2012). Confidence and the Transmission of Government Spending. Journal of Monetary Economics, 235-249.
  • Bocutoğlu, E., & Ekinci, A. (2009). Genel Teori, Küresel Krizler ve Yeniden Maliye Politikası. Maliye Dergisi (156), 66-82.
  • Boef, S. D., & Kellstedt, P. M. (2004). The Political (and Economic) Origins of Consumer Confidence. American Journal of Political Science, 48(4), 633-649.
  • Bram, J., & Ludvigson, S. (1998). Does Consumer Confidence Forecast Household Expenditure? A Sentiment Index Horse Race. Economic Policy Review, 59-78.
  • Bruestle, S., & Crain, M. (2015). A mean-variance Approach to Forecasting with the Consumer Confidence Index. Applied Economics, 47(23), 2430-2444.
  • Curtin, R. (1982). Indicators of Consumer Behavior: The University of Michigan Surveys of Consumers. The Public Opinion Quarterly, 46(3), 340-352.
  • Çelik, S., Aslanoğlu, E., & Uzun, S. (2010). Determinants of Consumer Confidence in Emerging Economies: A Panel Cointegration Analysis. 30th Annual Meeting of The Middle East Economic Association, Allied Social Science Associations, (s. 1-19). Atlanta.
  • Dees, S., & Brinca, P. S. (2013). Consumer Confidence As A Predictor of Consumption Spending: Evidence for the United States and the Euro Area. International Economics (134), 1-14.
  • Eğilmez, M. (2010). Küresel Finans Krizi (6. Baskı ). İstanbul : Remzi Kitabevi .
  • Eğilmez, M., & Kumcu, E. (2004). Ekonomi Politikası Teori ve Türkiye Uygulaması . İstanbul : Remzi Kitabevi .
  • European Commission. (2016). The Joint Harmonised EU Programme Of Business and Consumer Surveys. Brussels: Directorate-General for Economic and Financial Affairs. http://ec.europa.eu/economy_finance/db_indicators/surveys/documents/bcs_user_guide_en.pdf
  • Garner, A. (1991). Forecasting Consumer Spending: Should Economists Pay Attention to Consumer Confidence Surveys? Economic Review(May/June), 57-71.
  • Karagöz, D., & Aktaş, S. (2015). Evaluation of Consumer Confidence Index of Central Bank of Turkey Consumer Tendency Survey. The Online Journal of Science and Technology Volume 5 Issue 3 , 31-36.
  • Katona, G. (1968). Consumer Behaviour: Theory and Findings on Expectations and Aspiraitons. American Economic Association, 58(2), 19-30.
  • Kaya, D. G., & Kaygısız, A. D. (2015). 2008 Küresel Krizi ve Sonrasında Türkiye'de Uygulanan Maliye Politikalarına Genel Bir Bakış . Uluslararası Yönetim İktisat ve İşletme Dergisi , 11(26), 171-194.
  • Köse, A., & Akkaya, M. (2016). Beklenti ve Güven Anketlerinin Finansal Piyasalara Etkisi: BIST 100 Üzerine Bir Uygulama. Bankacılar Dergisi(99), 3-15.
  • Linden, F. (1982). The Consumer as Forecaster. The Public Opinion Quarterly, 46(3), 353-360.
  • Mermer, İ. (2014). Tüketici Güven Endeksi ve Hisse Senedi Getirileri İlişkisi: BIST Üzerine Bir Uygulama. Ankara: Ankara Üniversitesi Sosyal Bilimler Enstitüsü .
  • Micakova, M. (2015). What Drives Consumer Confidence? . Prague: Masaryk University.
  • Oral, E. (2005). Consumer Confidence Index for Turkey. OECD.
  • Özpınar, Ö., & Özman, H. (2017). Türkiye - ABD Güven Endekslerinin Kavramsal Çerçevesindeki Farklılıklar ve Kur - Endeks İlişkisi. V. Anadolu International Conference in Economics (s. 1-30). Eskişehir: Econanadolu .
  • Özsağır, A. (2007). Ekonomide Güven Faktörü. Elektronik Sosyal Bilimler Dergisi, 6(20), 46-62.
  • Piger, J. M. (2003, April). Consumer Confidence Surveys: Do They Boost Forecasters' Confidence? www.stlouisfed.org: Consumer Confidence Surveys: Do They Boost Forecasters' Confidence? E.T. 09/10/2018
  • Raaij, W. F. (1991). The Formation and Use of Expectations in Consumer Decision Making. T. S. Robertson, & H. H. Kassarjian içinde, Handbook of Consumer Behaviour (s. 401-418). Prentice-Hall : Englewood Cliffs, N.J. .
  • Roos, M. W. (2008). Willingness to Consume and Ability to Consume. Journal of Economic Behavior &Organization , 66, 387-402.
  • Taşar, M. (2010). "Türkiye'nin Güçlü Ekonomiye Geçiş Programı" ve Makro Ekonomik Etkilerinin Analizi . Niğde Üniversitesi İİBF Dergisi , 3(1), 76-97.
  • The Conference Board. (2011, February). Consumer Confidence Survey Technical Note. The Conference Board.
  • TUİK. (2017, Mayıs). http://www.tuik.gov.tr/PreHaberBultenleri.do?id=24897 E.T. 27/05/2017
  • TUİK.(2019, Kasım). http://www.tuik.gov.tr/PreTablo.do?alt_id=1104 E.T. 07/11/2019
  • TUSİAD. (2018, Ocak). 2018 Yılına Girerken Türkiye ve Dünya Ekonomisi. www.tusiad.org: file:///C:/Users/hp/Downloads/2018-Yilina-Girerken-Turkiye-ve-Dunya-Ekonomisi.pdf E.T. 7/10/2018
  • Uras, G. (2016, Nisan 21). Tüketici Güveni Moral Veriyor. www.milliyet.com.tr: http://www.milliyet.com.tr/yazarlar/gungor-uras/tuketici-guveni-moral-veriyor--2231514/ E.T: 4/10/2018
  • www.capital.com.tr. (2001, Haziran 1). Derviş'in Ekonomik Planı: https://www.capital.com.tr/ekonomi/makro-ekonomi/dervisin-ekonomi-plani E.T.05/10/2018
  • Yılmaz, D. (2010, April 9). Global and RegionalOutlook and the Effects of The Global Financial Crisis. www.tcmb.gov.tr: http://www.tcmb.gov.tr/wps/wcm/connect/e1148742-4ad1-48b7-bb80-648a422271e5/Baskan_SouthEastEuropeanCooperation.pdf?MOD=AJPERES&CACHEID=ROOTWORKSPACE-e1148742-4ad1-48b7-bb80-648a422271e5-m3fxBjQ E.T: 05/10/2018
Toplam 34 adet kaynakça vardır.

Ayrıntılar

Birincil Dil Türkçe
Konular Ekonomi
Bölüm Research Articles
Yazarlar

Tuba Gezer 0000-0002-5417-1986

Güner Tuncer 0000-0001-5579-9436

Yayımlanma Tarihi 19 Ocak 2020
Kabul Tarihi 8 Kasım 2019
Yayımlandığı Sayı Yıl 2020 Cilt: 2 Sayı: 1

Kaynak Göster

APA Gezer, T., & Tuncer, G. (2020). Terminology of Consumer Confidence Index. BİLTÜRK Ekonomi Ve İlişkili Çalışmalar Dergisi, 2(1), 340-359.

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