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Researchers have responded by examining detailed microeconomic data to show how the spread of technology directly affects the prices of particular goods.In this section Fear of the dragon Voting away your debts The feeling is mutual Applied thinking Charge!
This study uses microeconomic data from the transportation systems of land cargo in Colombia: rail and trucking, to determine their degree of allocative efficiency through the non-parametric method Data Envelopment Analysis DEA.
I do this through the empirical analysis of microeconomic data on individuals, families, and firms.
However, the scarcity of reliable and consistent microeconomic data has always been an obstacle against comprehensive assessments.
We now have microeconomic data on an abundance of outcomes, including borrowing, spending, house prices, and defaults.
He concludes that "[f]actor substitution is a microeconomic phenomenon, and is best examined by looking at microeconomic data" (p. 612).
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The microeconomic CPI data has several advantages.
Moreover, microeconomic wage data suggest that wage variability was high during the recession, with a log standard deviation change of about 0.07 (see Appendix 2).
First, they have turned to the empirical study of specific behaviors among restricted populations, because in such microeconomic contexts the data tend to be easily obtainable and to yield striking discoveries.
The microeconomic framework for data mining addresses maximizing the overall utility of an enterprise where transaction of a customer is a function of the data available on that customer.
It is important to point out that we do not model the endogenous behavioral reactions of individuals to developments in the economic and legal environment; however, we gain in the microeconomic precision and data reliability of our simulations carrying out the computational exercise at the highest disaggregated level.
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