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mean of individual elasticities. The difference depends on the heterogeneity of the population and is quantified by a …
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approaches found in the empirical literature on aggregation and the real exchange rate. In particular, we reconcile the …
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. Chronic health conditions therefore increase in poor economic times. There is considerable spatial heterogeneity across local …
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heterogeneity in revealed preferences.) Actual trade in the constructed economies using a tatonnement market institution closely …
Persistent link: https://www.econbiz.de/10011758295
This chapter covers recent solutions to aggregation problems in three application areas: consumer demand analysis …, consumption growth and wealth, and labor participation and wages. Each area involves treatment of heterogeneity and nonlinearity … at the individual level. Three types of heterogeneity are highlighted: heterogeneity in individual tastes, heterogeneity …
Persistent link: https://www.econbiz.de/10014024947
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's disability status even when such information is unavailable in the survey. We do so by aggregation and by moment adjusted two …
Persistent link: https://www.econbiz.de/10009363773
's disability status even when such information is unavailable in the survey. We do so by aggregation and by moment adjusted two …
Persistent link: https://www.econbiz.de/10004995269