Abstract:- In many economic analyses, situations occur when we need to obtain aggregated values. For n fields (used for grouping) from a database, we can obtain 2 n aggregation types- the maximal set possible. For economic reasons, some from these aggregation types are important, other, probably

in more complex non-procedural data analysis programs. The cube operator treats each of the N aggregation attributes as a dimension of N-space. The aggregate of a particular set of attribute values is a point in this space. The set of points forms an N-dimensional cube. Super-aggregates are computed

A fruitful direction for future data mining research will be the development of techniques that incorporate privacy concerns. Specifically, we address the following question. Since the primary task in data mining is the development of models about aggregated data, can we develop accurate models

stochastic equilibrium, the behavior of the macroeconomic aggregates can be almost perfectly described using only the mean of the wealth distribution. This result is robust to substantial changes in both parameter values and model specification. Our benchmark model, whose only difference from

This study investigates whether market-wide liquidity is a state variable important for asset pricing. We find that expected stock returns are related cross-sectionally to the sensitivities of returns to fluctuations in aggregate liquidity. Our monthly liquidity measure, an average of individual

Decision support applications involve complex queries on very large databases. Since response times should be small, query optimization is critical. Users typically view the data as multidimensional data cubes. Each cell of the data cube is a view consisting of an aggregation of interest, like

learning problems. We performed two sets of experiments. The first set compared boosting to Breiman’s “bagging ” method when used to aggregate various classifiers (including decision trees and single attribute-value tests). We compared the performance of the two methods on a collection of machine

but positive in the tropics. Uncertainty is highest in mountainous and in poorly sampled areas. Data partitioning showed high uncertainty of the surfaces on isolated islands, e.g. in the Pacific. Aggregating the elevation and climate data to 10 arc min resolution showed an enormous variation within grid cells

Abstract We study the case where agents have preferences over ranges (intervals) of values, and we wish to elicit and aggregate these preferences. For example, consider a set of climatologist agents who are asked for their predictions for the increase in temperature between 2009 and 2100. Each

, and Southern Methodist University. The relation between stock and bond returns has been widely studied at the aggregate level (see, for example, Campbell and Ammer (1993), Keim and Stambaugh (1986), Fama and French (1989), and Fama and French (1993)). Recently, a few studies have investigated that relation