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单词 Unobserved Heterogeneity
释义

Unobserved Heterogeneity

英语百科

Heterogeneity in economics

In economic theory and econometrics, the term heterogeneity refers to differences across the units being studied. For example, a macroeconomic model in which consumers are assumed to differ from one another is said to have heterogeneous agents, which is contrasted with the case of a representative agent model in which all consumers are assumed to be identical.

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