asset markets and indivisible labor supply. Imperfect aggregation manifests itself through preference shocks in the …

how network structure influences information aggregation. We develop a model of semi-Bayesian learning on networks, which …

us to estimate models with recursive preferences, latent state variables, and time-aggregated data. Time-aggregation … makes the decision interval of the agent an important parameter to estimate. We find that time-aggregation can significantly … affect parameter estimates and statistical inference. Imposing the pricing restrictions and explicitly accounting for time-aggregation …

We study the information aggregation properties of unanimous voting rules in the laboratory. In line with theoretical …

This paper develops a general theory of aggregation in inefficient economies. We provide non-parametric formulas for …

Most empirical policy work requires the aggregation of policies. Trade policy aggregation exemplifies the aggregation … problem poignantly, with thousands of highly dispersed trade barriers. This paper provides methods of policy aggregation that …-country policy modeling. An application to India shows that the standard atheoretic method of aggregation overstates India's real …