tag:blogger.com,1999:blog-5404820640426099135.post8011765465675800190..comments2023-10-31T00:46:35.316+13:00Comments on Anti-Dismal: The use of aggregatesPaul Walkerhttp://www.blogger.com/profile/13731003529546075700noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5404820640426099135.post-88655140447884390952010-04-24T23:10:02.645+12:002010-04-24T23:10:02.645+12:00Perhaps you are correct Matt, As what I also obser...Perhaps you are correct Matt, As what I also observed in Macro-micro economy. Let's just find it out later.gihhttp://get-infoz.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-5404820640426099135.post-13825329053783386402010-04-23T10:00:34.503+12:002010-04-23T10:00:34.503+12:00"In my example the aggregate productivity dat..."In my example the aggregate productivity data shows that for the US there was an increase in productivity post 1995. This alerts us that we need to go looking for a micro explanation of what caused this jump."<br /><br />I'm not a fan of the macro-micro split per see. The key, as you say, is that there is some aggregate data that did something - but we can't interpret it without actually getting in and trying to understand it with economic logic (micro).<br /><br />I'm not a fan of the split because it lets too many "macroeconomists" just hide tacit conclusions when they discuss numbers, and make conclusions that they want rather than the ones that would hold up to scrutiny.Matt Nolanhttps://www.blogger.com/profile/05615455113796090765noreply@blogger.com