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. He also has contributed extensively to the literature on aggregation over approximating specifications in econometrics … unavoidable wedge between econometrics and economic theory. No easy solution exists to this inherently deep problem in econometric … approximating specifications in econometrics, as well as to aggregation over economic agents and goods in economic theory. In …
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Growth rate convergence, fact or artifact? An essay on panel data econometrics / Marc Nerlove -- Do panel data rescue …
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This paper proposes a sectoral extension to STREAM, the Bank's main macroeconometric model. The extension documented in this paper borrows heavily from linking integration strategies prevalent in literature. The approach utilised here however, differs in two main ways when compared to existing...
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