Skip to main content
Archive Home
Browse All
Research Department Website
Log in

Help
Search
Advanced Search
Find results with:
error div
Add another field
Search by date
Search by date:
from
after
before
on
from:
to
to:
Searching collections:
Working Papers
Add or remove collections
Home
Working Papers
Law of large numbers for large economies, a / Harald Uhlig.
Reference URL
To link to this object, paste this link in email, IM or document
To embed this object, paste this HTML in website
Law of large numbers for large economies, a / Harald Uhlig.
View Description
Download
small (250x250 max)
medium (500x500 max)
Large
Extra Large
large ( > 500x500)
Full Resolution
Print
411.pdf
Description
Title
Law
of
large
numbers
for
large
economies
, a
/
Harald
Uhlig
.
Creator 1
Uhlig, Harald, 1961
Corporate Author
Federal Reserve Bank of Minneapolis. Research Dept.
Subject 1
Random
variablesMathematical
models
.
Subject 1 (JEL)
C10

Econometric
and
statistical
methods
:
General

General
Keywords
L2
law
of
large
numbers
;
Khinchines
law
of
large
numbers
;
Pettis
integral
;
Riemann
integral
;
Random
variable
;
Large
numbers
Abstract
[Please
note
that the
following
Greek
lettering
is
improperly
transcribed.]
If
[0,1]
is
a
measure
space
of
agents
and
X
a
collection
of
pairwise
uncorrelated
random
variables
with
common
finite
mean
U
and
variance
a ,
one
would
like
to
establish
a
law
of
large
numbers
(*)
Xdl
=
U
. In this
paper
we
propose
to
interpret
(*)
as a
Pettis
integral
.
Using
the
corresponding
Riemanntype
version
of this
integral
,
we
establish
(*)
and
interpret
it
as an
L2law
of
large
numbers
.
Intuitively
, the
main
idea
is
to
integrate
before
drawing
an
W
,
thus
avoiding
wellknow
measurability
problems
.
We
discuss
distributional
properties
of
i.i.d
.
random
shocks
across
the
population
.
We
given
examples
for the
economic
interpretability
of
our
definition
.
Finally
,
we
establish
a
vectorvalued
version
of the
law
of
large
numbers
for
economies
.
DateCreated
198702
DateDigital
20081203
Identifier
19870200fedmwp342
Series
Working
paper
(Federal
Reserve
Bank
of
Minneapolis
.
Research
Dept.)
Publisher
Minneapolis : Federal Reserve Bank of Minneapolis
Format
PDF
DateAvailable
20100427
RelationIs Replaced By
19880800fedmwp342
Bibliographic Citation
Uhlig, Harald. "A Law of Large Numbers for Large Economies." Federal Reserve Bank of Minneapolis. Research Dept. Working Papers, no. 342 (1987).
you wish to report:
Your comment:
Your Name:
...
Back to top
Select the collections to add or remove from your search
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
Select All Collections
A
Antebellum U.S. State Bank Balance Sheets
C
Conference Proceedings
E
Economic Analysis and Forecasting Data
R
Research Data
Research Department Artifacts
S
Sargent and Sims
State Mortgage Broker Regulation Data
W
Warren E. Weber Historical Data Archive
Working Papers
500
You have selected:
1
OK
Cancel