Aspekte der Aggregation bzw. Mikrofundierung, der Wohlfahrtsanalyse, der Rigorosität der Modellierung und der Lucas …

misunderstanding after another. The bad data produced by simple sum aggregation have contaminated research in monetary economics, have … aggregation theory, now exist, the usual official central bank data are not based on that better approach. While aggregation … throughout the world, the only central banks that currently make aggregation-theoretic monetary aggregates available to the …

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 local (linear) case. The macro model is chosen such that it gives … rise to an aggregation set which is approached by the micro movements as fast as possible. The inferred macro model …

daily and weekly data. Daily and weekly data are employed to show the effect of aggregation as it pertains to Google data …