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Aggregation of Heterogeneous Beliefs
Napp, Clotilde; Jouini, Elyès - Université Paris-Dauphine (Paris IX) - 2006
This paper is a generalization of [Calvet, L., Grandmont, J.-M., Lemaire, I., 2002. Aggregation of heterogenous beliefs …., Grandmont, J.-M., Lemaire, I., 2002. Aggregation of heterogenous beliefs and asset pricing in complete financial markets … the aggregation bias due to the diversity of beliefs. In this setting, the construction of a representative agent is shown …
Persistent link: https://www.econbiz.de/10010905144
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Microfoundations
Janssen, Maarten C.W. - Tinbergen Instituut - 2006
This paper gives an overview and evaluates the literature on Microfoundations.<P> See also 'Microfoundations: A Critical Inquiry', Routledge, London, 1993 Reviewed in Economic Journal, 1994; De Economist, 1995; Journal of Economic Methodology, 1996; Economics and Philosophy, 1996).
Persistent link: https://www.econbiz.de/10011256223
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Microfoundations
Janssen, Maarten C.W. - Tinbergen Institute - 2006
This paper gives an overview and evaluates the literature on Microfoundations.<P>
Persistent link: https://www.econbiz.de/10005209438
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Macro foundations of micro-economics
Hahn, Frank - In: Economic Theory 21 (2003) 2, pp. 227-232
Persistent link: https://www.econbiz.de/10005147365
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Aggregation of Heterogeneous Beliefs.
Napp, Clotilde; Jouini, Elyès - Université Paris-Dauphine - 2006
This paper is a generalization of [Calvet, L., Grandmont, J.-M., Lemaire, I., 2002. Aggregation of heterogenous beliefs …., Grandmont, J.-M., Lemaire, I., 2002. Aggregation of heterogenous beliefs and asset pricing in complete financial markets … the aggregation bias due to the diversity of beliefs. In this setting, the construction of a representative agent is shown …
Persistent link: https://www.econbiz.de/10008532399
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Aggregation of Heterogeneous Beliefs
Jouini, Elyès; Napp, Clotilde - HAL - 2006
aggregation bias due to the diversity of beliefs. In this setting, the construction of a representative agent is shown to be also …
Persistent link: https://www.econbiz.de/10008790640
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Aggregation of Heterogeneous Beliefs
Napp, Clotilde; Jouini, Elyès - HAL - 2006
This paper is a generalization of [Calvet, L., Grandmont, J.-M., Lemaire, I., 2002. Aggregation of heterogenous beliefs …., Grandmont, J.-M., Lemaire, I., 2002. Aggregation of heterogenous beliefs and asset pricing in complete financial markets … the aggregation bias due to the diversity of beliefs. In this setting, the construction of a representative agent is shown …
Persistent link: https://www.econbiz.de/10008790965
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Macro Micro Model with a Post-keynesian Perspective in the banking industry
cho, hyejin - Volkswirtschaftliche Fakultät, … - 2014
This article introduces the cascaded individual model of Post-keynesian economics. This differs from the representative agent model of the old-keynesian model mathematically and methodologically. The model builds from five assumptions containing original concepts: cascaded individuals, a social...
Persistent link: https://www.econbiz.de/10011113282
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Macro Micro Model with a Post-Keynesian Perspective in the banking industry
Cho, Hyejin - HAL - 2014
This article introduces the cascaded individual model of Post-keynesian economics. This differs from the representative agent model of the old-keynesian model mathematically and methodologically. The model builds from five assumptions containing original concepts: cascaded individuals, a social...
Persistent link: https://www.econbiz.de/10011025946
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Ein nutzungskostenbasierter Ansatz zur Messung des Faktors Kapital in aggregierten Produktionsfunktionen
Knetsch, Thomas A. - Deutsche Bundesbank - 2012
Es wird eine Methode zur Messung des Produktionsfaktors Kapital vorgeschlagen, in der Vermögensarten nach ihrem Nutzungswert im Produktionsprozess gewichtet werden. Dazu werden Nutzungskosten für die einzelnen Anlageklassen mit Hilfe von Daten der Volkswirtschaftlichen Gesamtrechnungen sowie...
Persistent link: https://www.econbiz.de/10010535437