Titlebook: Isolation and Aggregation in Economics; Ekkehart Schlicht Book 1985 Springer-Verlag Berlin Heildelberg 1985 Isolation.Variance.agents.econ

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Econometric Implications,, then its relation with empirical experience is somewhat vague. This haziness should not lead us to the extremist view that theoretical economics develops mere models of thought which cannot be confronted with empirical experience and empirical research requires one to ignore all complications aris

Suggestions

The Nature of Macroeconomic Laws,ation is available. It will be argued, in fact, that macroeconomic laws might possess a certain degree of independence from their microeconomic underpinnings, and that analogies between microeconomic and macroeconomic laws might be misleading.

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Epilogue. Economic Imagination,elevant processes and stressing the hermeneutic nature of the aggregation problem amount to envisaging economic processes as embedded in a broader context. Furthermore, in deciding whether these processes possess a sufficient degree of autonomy to make it possible to treat them in isolation, we must

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978-3-642-70300-3Springer-Verlag Berlin Heildelberg 1985

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