Aggregation Problems of Macroeconomics

H. A. John Green
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H. A. John Green: University of Kent At Canterbury

Chapter 6 in The Microeconomic Foundations of Macroeconomics, 1977, pp 179-204 from Palgrave Macmillan

Abstract: Abstract It is clear that macroeconomics, by its very nature, involves aggregation.1 The questions I seek to investigate in this paper are: With what aggregates should macroeconomics be concerned? How should these aggregates or macro-variables be related to the micro-variables from which they are derived? I shall be concerned with the ‘short-run’ rather than with problems of economic growth.

Keywords: Auxiliary Variable; National Income; Capital Good; Final Variable; Aggregation Problem (search for similar items in EconPapers)
Date: 1977
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DOI: 10.1007/978-1-349-03236-5_7

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