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Pope, Rulon D.; LaFrance, Jeffrey T.; Beatty, Timothy K. M. - Econometric Society - 2004

Gorman's class of Engel curve demand models is extended to incomplete demand systems. The Gorman class of aggregable incomplete demand systems admits any transformation of deflated income. A maximum rank of three for the demand equations is a corollary of Slutsky symmetry. Models of incomplete...

Persistent link: https://www.econbiz.de/10005702576

Cointegration versus Spurious Regression in Heterogeneous Panels

Urga, Giovanni; Trapani, Lorenzo - Econometric Society - 2004

We consider the issue of cross sectional aggregation in nonstationary, heterogeneous panels where each unit … condition is met. Secondly, we analyze the case when cointegration doesn't carry through the aggregation process, investigating …

Persistent link: https://www.econbiz.de/10005702609

Vierteljährliche VGR für Sachsen: Ergebnisse für das zweite Quartal 2013

Nierhaus, Wolfgang - In: ifo Dresden berichtet 20 (2013) 06, pp. 55-56

Persistent link: https://www.econbiz.de/10010734698

Harsanyi's aggregation theorem with incomplete preferences.

Danan, Eric; Gajdos, Thibault; Tallon, Jean-Marc - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2014

We provide a generalization of Harsanyi (1955)'s aggregation theorem to the case of incomplete preferences at the … aggregation rules that are utilitarian in a generalized sense. Strengthening Pareto indifference to Pareto preference provides a …

Persistent link: https://www.econbiz.de/10010735116

Vierteljährliche VGR für Sachsen: Ergebnisse für das erste Quartal 2013

Nierhaus, Wolfgang - In: ifo Dresden berichtet 20 (2013) 04, pp. 43-44

Persistent link: https://www.econbiz.de/10010735168

Vierteljährliche VGR für Sachsen: Ergebnisse für das vierte Quartal 2011

Nierhaus, Wolfgang - In: ifo Dresden berichtet 19 (2012) 03, pp. 35-35

Persistent link: https://www.econbiz.de/10010735169

Metric and latticial medians

Monjardet, Bernard; Barthélemy, Jean-Pierre; Hudry, Olivier - HAL - 2009

for the consensus problems, in particular in the case of the aggregation of linear orders. First we consider the medians …

Persistent link: https://www.econbiz.de/10010738443

Vierteljährliche VGR für Sachsen: Ergebnisse für das dritte Quartal 2013

Nierhaus, Wolfgang - In: ifo Dresden berichtet (2014) 01, pp. 42-43

Das preisbereinigte Bruttoinlandsprodukt (BIP) hat im dritten Vierteljahr 2013 um 0,9% gegenüber dem vergleichbaren Vorjahreszeitraum zugenommen.

Persistent link: https://www.econbiz.de/10010743444

Bayesian group belief

Dietrich, Franz - London School of Economics (LSE) - 2010

If a group is modelled as a single Bayesian agent, what should its beliefs be? I propose an axiomatic model that connects group beliefs to beliefs of the group members. The group members may have different information, different prior beliefs and even different domains (algebras) within which...

Persistent link: https://www.econbiz.de/10010744918

Aggregation of simple linear dynamics: exact asymptotic results

Lippi, Marco; Zaffaroni, Paolo - London School of Economics (LSE) - 1998

his paper deal with aggregation of AR(1) micro variables driven by a common and idiosyncratic shock with random …

Persistent link: https://www.econbiz.de/10010746139