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unemployment in West Germany could be equalized better (with variance 3.50 against the actual 4.40) and with a simultaneous … decrease in the average unemployment in West Germany from 7.45 to 7.28%. In East Germany all regions are eligible, implying no …
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A widely used method in the analysis of complex econometric models is to replace the "true model" by an aggregative one in which the variables are grouped and replaced by sums or weighted averages of the variables in each group. The analysis of the problem of choosing an aggregative model...
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