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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 …
Persistent link: https://www.econbiz.de/10005836728
daily and weekly data. Daily and weekly data are employed to show the effect of aggregation as it pertains to Google data …
Persistent link: https://www.econbiz.de/10008536833
This paper presents an index of institutionalized social technologies covering its two main dimensions namely Risk reducing technologies and Anti Rent seeking technologies and in turn covers several social, institutional, political and economic aspects. Specifically it attempted to classify and...
Persistent link: https://www.econbiz.de/10008476377
queries. Daily and weekly data are used to discuss the effects that normalization, scaling, and aggregation have on the …
Persistent link: https://www.econbiz.de/10008527358
We study the aggregation of preferences when intensities are taken into account: the aggregation of cardinal … choices there exist no continuous anonymous aggregation rules that respect unanimity, for such preferences or utilities. With …
Persistent link: https://www.econbiz.de/10005621312
aggregation have contaminated research in monetary economics, have resulted in needless “paradoxes,” and have produced decades of … aggregation theory, now exist, the official central bank data most commonly used have not improved in most parts of the world …. While aggregation theoretic monetary aggregates exist for internal use at the European Central Bank, the Bank of Japan, and …
Persistent link: https://www.econbiz.de/10005621844
This paper explores the disconnect of Federal Reserve data from index number theory. A consequence could have been the decreased systemic-risk misperceptions that contributed to excess risk taking prior to the housing bust. We find that most recessions in the past 50 years were preceded by more...
Persistent link: https://www.econbiz.de/10008614991
daily and weekly data. Daily and weekly data are employed to show the effect of aggregation as it pertains to Google data …
Persistent link: https://www.econbiz.de/10008567660
This paper presents an index of institutionalized social technologies for Pakistan, covering its two main dimensions namely Risk reducing technologies and Anti Rent seeking technologies and in turn covers several social, institutional, political and economic aspects. It is also analyzed...
Persistent link: https://www.econbiz.de/10008567670
effect of aggregation in Google data, which can lead to contradictory findings. In this paper, Poisson regressions are used …
Persistent link: https://www.econbiz.de/10009151292