aggregation bias economics
Aggregation (econometrics)
The econometrics of aggregation is about modelling the relationship between individual (micro) behaviour and aggregate (macro) statistics so that data |
Aggregation Bias in Discrete Choice Models with an Application to
This paper studies the practice of aggregating choices within discrete choice models Researchers often do not observe choices at the exact level they are |
Aggregation Bias in Trade Elasticities: The Case of Macedonia
This paper evaluates the bias which may occur when trade elasticities are estimated using data on aggregate trade instead of using data on bilateral trade |
What is an example of aggregation in macroeconomics?
'Aggregate' literally means 'collection' or 'total'.
Economic aggregates are variables that measure the total economic activity for a nation state or a region.
For example, the main economic aggregate is Gross Domestic Product (GDP), which measures the total value of all the goods and services produced in a country.What is aggregation bias?
In such situations, aggregate bias may be compounded by commission bias, where physicians have a tendency to avoid harm by active intervention or by 'doing something' for the patient [1].
Definition: The belief that aggregated data, such as that used to inform evidence-based practice, do not apply to the individual.What is aggregation in economics?
Aggregation refers to the connection between economic interactions at the micro and the macro levels.
The micro level refers to the behaviour of individual economic agents.
The macro level refers to the relationships that exist between economy-wide totals, averages or other economic aggregates.The aggregation problem emphasizes: How broad such restrictions are in microeconomics.
Use of broad factor inputs ("labor" and "capital"), real "output", and "investment", as if there was only a single such aggregate is without a solid foundation for rigorously deriving analytical results.
Aggregation Bias in Linear Economic Models
the estimation of aggregation bias in the parameters of single equation regres- draws on the material in my book Aggregation in Economics and I should ... |
Testing for Aggregation Bias in Linear Models
aggregation bias and develop alternative methods of analysing and formally testing the extent of this bias in economic applications. |
AGGREGATION BIAS IN ELASTICITIES OF SUBSTITUTION AND
keywords: aggregation bias assignment models |
Aggregation Bias in the Economic Model of Crime
2002 Elsevier Science B.V. All rights reserved. Todd L. Cherry & John A. List (2002) "Aggregation Bias in the Economic Model of Crime" Economics. |
Aggregation (econometrics)
exist between economy-wide totals averages or other economic aggregates. One can learn about the nature of aggregation bias by studying the factors. |
Measurement Error and Time Aggregation: - A closer look at
aggregation increases (decreases) the bias in the estimate of the elasticity and workers have economic incentives to change the number of average hours ... |
The aggregation problem in its hystorical perspective: a summary
Keywords: aggregation theory aggregation bias |
Aggregation Bias in Sponsored Search Data: The Curse and the Cure
data in other marketing settings suggest that aggregation bias is not important (Gupta a game-theoretic model to study the economic impact of the bias. |
The Impact of Climate Change on Agriculture: Nonlinear Effects and
Keywords: Aggregation bias Agriculture |
Medicares Prospective Payment System: The Victim of Aggregation
treatment cost functions aggregation bias is present in such hospital cost models. economists have focused attention on the sensitivity of. |
Aggregation (econometrics) - MIT
Aggregation refers to the connection between economic interactions at the micro and the macro levels The micro level refers to the behaviour of in- dividual economic agents The macro level refers to the relationships that exist between economy-wide totals, averages or other economic aggregates |
Aggregation Bias in Trade Elasticities - econstor
Wirtschaft Leibniz Information Centre for Economics Jovanovic, Branimir Working Paper Aggregation Bias in Trade Elasticities: The Case of Macedonia |
Testing for Aggregation Bias in Linear Models - JSTOR
The Economic Journal, I00 (Conference I990), I37-I50 Printed in Great Britain TESTING FOR AGGREGATION BIAS IN LINEAR MODELS K C Lee, M H |
To Aggregate or Not to Aggregate: Biases in Consumer Credit Loss
Economists have long considered the appropriate unit of analysis for empirical work Should we analyze individuals, households, firms, states or countries? |
Accounting for Aggregation Bias in Almost Ideal Demand Systems
Journal of Agricultural and Resource Economics 21(2):247-262 expenditure aggregation bias when estimating the aggregate AIDS model with time- |
Aggregation Bias in the Economic Model of Crime - Uncg
2002 Elsevier Science B V All rights reserved Todd L Cherry John A List ( 2002) "Aggregation Bias in the Economic Model of Crime" Economics |
Information-Aggregation Bias - FRASER (StLouis Fed)
Introduction Econometric method interprets economic time series as resulting from the choices of private agents interacting in well-organized markets Individual |
Does consistent aggregation really matter?{ - CORE
169 © Australian Agricultural and Resource Economics Society Inc and Blackwell Publishers Ltd 2001 Page 10 commodity-wise aggregation bias that resulted |