MODELLING SUBJECTIVE VIEWS OF INDIVIDUALS ABOUT NATIONAL MACROECONOMIC PERFORMANCE
Journal: ACTUAL PROBLEMS OF INTERNATIONAL RELATIONS
Year: 2023

The aim of this paper is to estimate the effect of the main macroeconomic indicators on opinion of individuals about economic situation in their country. Correlation and regression analysis was applied to the data about 43 economies in 2002-2021. The most positive subjective views of economic situation were before crisis years (in 2007 and 2016-2019). This paper confirms positive effect of economic growth on perceived national economic situation. The effect is stronger under high income inequali