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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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Europe's notoriously high level of unemployment is one of the big puzzles of empirical macroeconomics. In recent years, the unemployment rate has fallen in The Netherlands, but the overall level in OECD Europe remains high. An investigation into why Dutch economic policy has been relatively...
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