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, 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 … in income and wealth risks, and heterogeneity in market participation. Work in each area is illustrated using results …
Persistent link: https://www.econbiz.de/10014024947
We introduce a new two-dimensional measure for the heterogeneity of performance within groups of economic units. This … the new measure leads to a much more differentiated description of heterogeneity than alternative measures, for example …, the mean or range. In particular, we provide an example to demonstrate that the proposed measure of heterogeneity is …
Persistent link: https://www.econbiz.de/10010305684
on output over the full sample on average? 2) Are financial developments leading real activity? 3) Is there heterogeneity …
Persistent link: https://www.econbiz.de/10011606295
We introduce a new two-dimensional measure for the heterogeneity of performance within groups of economic units. This … the new measure leads to a much more differentiated description of heterogeneity than alternative measures, for example …, the mean or range. In particular, we provide an example to demonstrate that the proposed measure of heterogeneity is …
Persistent link: https://www.econbiz.de/10009207010
characterization of the link between the dynamic properties of the aggregate series and the shape and degree of heterogeneity of the … heterogeneity in understanding the properties of the aggregates and that even mild difference in the form of heterogeneity can imply …
Persistent link: https://www.econbiz.de/10005706754
We introduce a new two-dimensional measure for the heterogeneity of performance within groups of economic units. This … the new measure leads to a much more differentiated description of heterogeneity than alternative measures, for example …, the mean or range. In particular, we provide an example to demonstrate that the proposed measure of heterogeneity is …
Persistent link: https://www.econbiz.de/10010513684
Persistent link: https://www.econbiz.de/10010345859
with heterogeneity. In accordance with theoretical and inductive inferences, it is found that healthcare price effects …
Persistent link: https://www.econbiz.de/10010756214
population wide estimate of the rental rate of human capital. To illustrate heterogeneity in the production of human capital, we …
Persistent link: https://www.econbiz.de/10010293210
healthcare systems of WHO members with regard to spatial dependencies while distinguishing between heterogeneity and inefficiency …
Persistent link: https://www.econbiz.de/10010294387