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Aggregation in Economic Research: From Individual to Macro Relations: 41 (Theory and Decision Library) - Hardcover
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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 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.
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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 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.
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Aggregation in Economic Research: From Individual to Macro Relations Theory and Decision Library, 41
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gebundene Ausgabe. Zustand: Gut. 321 Seiten Das hier angebotene Buch stammt aus einer teilaufgelösten Bibliothek und kann entsprechende Kennzeichnungen aufweisen (Rückenschild, Instituts-Stempel.). Aufgrund des Alters und der häufigen Nutzung können Stabilität, Einband sowie Papierqualität beeinträchtigt sein. In ENGLISCHER Sprache. Sprache: Englisch Gewicht in Gramm: 640. Bestandsnummer des Verkäufers 2235219
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Aggregation in Economic Research: From Individual to Macro Relations
Verlag:
Kluwer Academic Publishers, 1984
ISBN 10: 9027717125
ISBN 13: 9789027717122
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Hardcover. Zustand: Très bon. Ancien livre de bibliothèque. Couverture différente. Edition 1984. Ammareal reverse jusqu'à 15% du prix net de cet article à des organisations caritatives. ENGLISH DESCRIPTION Book Condition: Used, Very good. Former library book. Different cover. Edition 1984. Ammareal gives back up to 15% of this item's net price to charity organizations. Bestandsnummer des Verkäufers E-275-369
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Aggregation in economic research: from individual to macro relations.
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Zustand: good. Dordrecht: D. Reidel,1984. Hardcover. xiv,321p. (Theory and Decision Library, 41). Ticket on spine. Library stamps. Condition : good copy. ISBN 9789027717122. Keywords : ECONOMICS, Bestandsnummer des Verkäufers 254501
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Aggregation in economic research: from individual to macro relations.
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Zustand: very good. Dordrecht: D. Reidel,1984. Hardcover. xiv,321p. (Theory and Decision Library, 41). Original edition. Very good copy. Condition : very good copy. ISBN 9789027717122. Keywords : , Bestandsnummer des Verkäufers 90635
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Aggregation in Economic Research: From Individual to Macro Relations (Theory and Decision Library, 41)
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Aggregation in Economic Research : From Individual to Macro Relations
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Aggregation in Economic Research (Hardcover)
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Hardcover. Zustand: new. Hardcover. 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. Our interest in problems of aggregation originates from about seven years ago when we became involved in research in the field of applied microeconomics. 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. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Bestandsnummer des Verkäufers 9789027717122
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Aggregation in Economic Research: From Individual to Macro Relations (Theory and Decision Library, 41)
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Aggregation in Economic Research
Verlag:
Springer Netherlands Jan 1984, 1984
ISBN 10: 9027717125
ISBN 13: 9789027717122
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Buch. Zustand: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -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. 340 pp. Englisch. Bestandsnummer des Verkäufers 9789027717122
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Aggregation in Economic Research
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Gebunden. Zustand: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. 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 . Bestandsnummer des Verkäufers 5814912
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