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Chapter 68 Models of Aggregate Economic Relationships that Account for Heterogeneity

Blundell, Richard; Stoker, Thomas M. - In: Handbook of econometrics : volume 6A, (pp. 4609-4666). 2007

This chapter covers recent solutions to aggregation problems in three application areas: consumer demand analysis …

Persistent link: https://www.econbiz.de/10014024947

How serious is the aggregation problem? : an empirical illustration

Halvorsen, Bente; Larsen, Bodil M. - In: Applied economics 45 (2013) 25/27, pp. 3786-3794

Persistent link: https://www.econbiz.de/10010345859

Behavioral heterogeneity : Pareto distributions of homothetic preference scales and aggregate expenditures income elasticities

Grandmont, Jean-Michel - 2017

Persistent link: https://www.econbiz.de/10012197838

Value "added" : why consistency in aggregation is essential for global accounting standards, and how to achieve it

Reich, Utz-Peter - In: Journal of economic and social measurement 41 (2016) 3, pp. 307-327

Persistent link: https://www.econbiz.de/10011670280

The two faces of independence : betweenness and homotheticity

Burghart, Daniel R.; Epper, Thomas; Fehr, Ernst - 2014

Many studies document failures of expected utility’s key assumption, the independence axiom. Here, we show that independence can be decomposed into two distinct axioms - betweenness and homotheticity - and that these two axioms are necessary and sufficient for independence. Thus, independence...

Persistent link: https://www.econbiz.de/10010430733

Ein nutzungskostenbasierter Ansatz zur Messung des Faktors Kapital in aggregierten Produktionsfunktionen

Knetsch, Thomas A. - 2012

Es wird eine Methode zur Messung des Produktionsfaktors Kapital vorgeschlagen, in der Vermögensarten nach ihrem Nutzungswert im Produktionsprozess gewichtet werden. Dazu werden Nutzungskosten für die einzelnen Anlageklassen mit Hilfe von Daten der Volkswirtschaftlichen Gesamtrechnungen sowie...

Persistent link: https://www.econbiz.de/10010308268

A user cost approach to capital measurement in aggregate production functions

Knetsch, Thomas A. - 2012

A method is proposed to measure capital services in production. This means that productive assets are weighted according to their user costs. The user costs of the individual asset classes are estimated based on data from the national accounts and other sources. The results show that, in the...

Persistent link: https://www.econbiz.de/10010308269

Valeurs, volumes et partages volume‑prix : sur quelques questions (re)soulevées par la crise sanitaire

Blanchet, Didier; Fleurbaey, Marc - In: Economie et statistique 532/533 (2022), pp. 73-90

Persistent link: https://www.econbiz.de/10014280179

Gateveys: An R toolbox for re-traceable aggregation of business tendency survey data

Bannert, Matthias - 2013

This paper describes how to use the R package gateveys to establish a transparent and reproducible aggregation work …. The package has two main features: First, it provides functions to build an aggregation process that re-calculates all … to dynamically add localized meta information to the resulting time series object during the aggregation process. Besides …

Persistent link: https://www.econbiz.de/10010319728

Real Options Effects on Employment : Does Exchange Rate Uncertainty Matter for Aggregation?

Göcke, Matthias; Belke, Ansgar - 2004

exchange rate uncertainty. Based on this micro foundation an aggregation approach is presented. Under uncertainty, intervals of … where the aggregation of microeconomic real options effects under uncertainty are relevant, they may even be of a more …

Persistent link: https://www.econbiz.de/10010261879