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  • Search: subject:"hermeneutic aggregation problem"
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Year of publication
Subject
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Aggregation 1 approximate aggregation 1 dynamical systems 1 hermeneutic aggregation problem 1 inverse aggregation problem 1 linear aggregation 1 local aggregation 1 microfoundations of macroeconomics 1 reduction of dimensions 1
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Online availability
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Free 1
Type of publication
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Book / Working Paper 1
Language
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Undetermined 1
Author
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Schlicht, Ekkehart 1
Institution
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Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München 1
Published in...
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Munich Reprints in Economics 1
Source
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RePEc 1
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Local Aggregation in a Dynamic Setting
Schlicht, Ekkehart - Volkswirtschaftliche Fakultät, … - 1990
Although it is not possible, in general, to give a macro description of a micro model over the entire state space of the micro model, it is possible to aggregate exactly over a subspace. The set of micro states where aggregation is possible forms the aggregation set. The paper considers the...
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