Koulovatianos, Christos; Schröder, Carsten; Schmidt, Ulrich - Centre de Recherche en Économie Appliquée (CREA), … - 2014
Most simulated micro-founded macro models use solely consumer-demand aggregates in order to estimate deep economy-wide preference parameters, which are useful for policy eva- luation. The underlying demand-aggregation properties that this approach requires, should be easy to empirically...