Our interest in problems of aggregation originates from about seven years ago when we became involved in research in the field of applied microeconomics. To our astonishment a vast majori… Meer...
Our interest in problems of aggregation originates from about seven years ago when we became involved in research in the field of applied microeconomics. To our astonishment a vast majority of researchers in this area took it for granted that their, mostly thoroughly derived, micro models could meaningfully be confronted with per capita data. Nany of them did not even realize - at least they gave no utterance to it - that applying macro data in micro models raises considerable problems. Those who did mention the difficulty, almost always belittled its importance. Fortunately, there are noteworthy exceptions. Thinking about aggregation raises at least two questions: "Why or why not aggregate?" and "How to aggregate and, in particular, to what degree?" General answers to these questions can only be given in uninformative wording (as many assertions in economics): one aggregates for the sake of tractability, because of the lack of (individual) data, to avoid or to reduce multicollineartiy, to save degrees of freedom; one abstains from aggregation to avoid loss of information, to avoid aggregation biases and one aggregates such and to such degree as to bypass or reduce the drawbacks mentioned above. Books > Social Sciences eBook, Springer Shop<
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Our interest in problems of aggregation originates from about seven years ago when we became involved in research in the field of applied microeconomics. To our astonishment a vast majori… Meer...
Our interest in problems of aggregation originates from about seven years ago when we became involved in research in the field of applied microeconomics. To our astonishment a vast majority of researchers in this area took it for granted that their, mostly thoroughly derived, micro models could meaningfully be confronted with per capita data. Nany of them did not even realize - at least they gave no utterance to it - that applying macro data in micro models raises considerable problems. Those who did mention the difficulty, almost always belittled its importance. Fortunately, there are noteworthy exceptions. Thinking about aggregation raises at least two questions: "Why or why not aggregate?" and "How to aggregate and, in particular, to what degree?" General answers to these questions can only be given in uninformative wording (as many assertions in economics): one aggregates for the sake of tractability, because of the lack of (individual) data, to avoid or to reduce multicollineartiy, to save degrees of freedom; one abstains from aggregation to avoid loss of information, to avoid aggregation biases and one aggregates such and to such degree as to bypass or reduce the drawbacks mentioned above., Springer<
Aggregation in Economic Research:From Individual to Macro Relations J. van Daal, A.H. Merkies Aggregation in Economic Research:From Individual to Macro Relations J. van Daal, A.H. Merkies… Meer...
Aggregation in Economic Research:From Individual to Macro Relations J. van Daal, A.H. Merkies Aggregation in Economic Research:From Individual to Macro Relations J. van Daal, A.H. Merkies eBooks > Belletristik > Erzählungen, Springer Netherlands<
Our interest in problems of aggregation originates from about seven years ago when we became involved in research in the field of applied microeconomics. To our astonishment a vast majori… Meer...
Our interest in problems of aggregation originates from about seven years ago when we became involved in research in the field of applied microeconomics. To our astonishment a vast majority of researchers in this area took it for granted that their, mostly thoroughly derived, micro models could meaningfully be confronted with per capita data. Nany of them did not even realize - at least they gave no utterance to it - that applying macro data in micro models raises considerable problems. Those who did mention the difficulty, almost always belittled its importance. Fortunately, there are noteworthy exceptions. Thinking about aggregation raises at least two questions: "Why or why not aggregate?" and "How to aggregate and, in particular, to what degree?" General answers to these questions can only be given in uninformative wording (as many assertions in economics): one aggregates for the sake of tractability, because of the lack of (individual) data, to avoid or to reduce multicollineartiy, to save degrees of freedom; one abstains from aggregation to avoid loss of information, to avoid aggregation biases and one aggregates such and to such degree as to bypass or reduce the drawbacks mentioned above. Books > Social Sciences eBook, Springer Shop<
- new in stock. Verzendingskosten:zzgl. Versandkosten., exclusief verzendingskosten
Our interest in problems of aggregation originates from about seven years ago when we became involved in research in the field of applied microeconomics. To our astonishment a vast majori… Meer...
Our interest in problems of aggregation originates from about seven years ago when we became involved in research in the field of applied microeconomics. To our astonishment a vast majority of researchers in this area took it for granted that their, mostly thoroughly derived, micro models could meaningfully be confronted with per capita data. Nany of them did not even realize - at least they gave no utterance to it - that applying macro data in micro models raises considerable problems. Those who did mention the difficulty, almost always belittled its importance. Fortunately, there are noteworthy exceptions. Thinking about aggregation raises at least two questions: "Why or why not aggregate?" and "How to aggregate and, in particular, to what degree?" General answers to these questions can only be given in uninformative wording (as many assertions in economics): one aggregates for the sake of tractability, because of the lack of (individual) data, to avoid or to reduce multicollineartiy, to save degrees of freedom; one abstains from aggregation to avoid loss of information, to avoid aggregation biases and one aggregates such and to such degree as to bypass or reduce the drawbacks mentioned above., Springer<
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Aggregation in Economic Research:From Individual to Macro Relations J. van Daal, A.H. Merkies Aggregation in Economic Research:From Individual to Macro Relations J. van Daal, A.H. Merkies… Meer...
Aggregation in Economic Research:From Individual to Macro Relations J. van Daal, A.H. Merkies Aggregation in Economic Research:From Individual to Macro Relations J. van Daal, A.H. Merkies eBooks > Belletristik > Erzählungen, Springer Netherlands<
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Bibliografische gegevens van het best passende boek
Boek bevindt zich in het datenbestand sinds 2017-06-15T07:24:52+02:00 (Amsterdam) Detailpagina laatst gewijzigd op 2023-08-13T08:08:42+02:00 (Amsterdam) ISBN/EAN: 9789400963344
ISBN - alternatieve schrijfwijzen: 978-94-009-6334-4 alternatieve schrijfwijzen en verwante zoekwoorden: Auteur van het boek: merki, van daal
Gegevens van de uitgever
Auteur: J. van Daal; A.H. Merkies Titel: Theory and Decision Library; Aggregation in Economic Research - From Individual to Macro Relations Uitgeverij: Springer; Springer Netherland 321 Bladzijden Verschijningsjaar: 2012-12-06 Dordrecht; NL Taal: Engels 149,79 € (DE) 154,00 € (AT) 177,00 CHF (CH) Available XIV, 321 p.
I. Introduction.- I. Introduction.- II. On Theory.- 1. Aggregation without side conditions.- 2. Aggregation of production functions under optimum conditions.- 3. Aggregation and individual preferences.- 4. Aggregation and the distribution of individual characteristics.- 5. Linear aggregation and estimation.- 6. Aggregation over arguments of a function.- III. Some Applications.- 7. Aggregation and consumer behaviour.- 8. Collective choice and macro-economic policy.- IV. Epilogue: Optimal aggregation.- IV. Epilogue: Optimal aggregation.- References.- Author Index.
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