The Econometric SocietyEdited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262
Econometrica: Mar, 1972, Volume 40, Issue 2
https://doi.org/0012-9682(197203)40:2<343:AIOTCO>2.0.CO;2-T
p. 343-360
Edgar L. Feige, Harold W. Watts
The technique of partial aggregation is explored as a means of preserving the confidentiality of data while enabling research scholars to utilize the information for analytic purposes. For this purpose, two criteria are developed for evaluating the analytic consequences of partial aggregation: One measure indicates the degree of divergence or non-conformity between estimates produced by unaggregated data and partially aggregated data; and the other measure pertains to efficiency loss and expresses the fraction of the useful information in the unaggregated data which remains after the data have been grouped or partially aggregated. These measures are then applied in an experimental test using data from the Call Reports and the Income and Dividend Statements of nearly 5400 member banks of the Federal Reserve System. This experiment consists of evaluating the effect on twenty different regression models of three different levels of aggregation and seven different rules for arraying the data prior to aggregation.
March 5, 2024
The terms of the Editors of the Econometric Society's three journals end June 30, 2025. We are pleased to announce the incoming Editors and to thank the outgoing Editors for their excellent and continuing service.
Econometrica: Since 2019, Guido Imbens has served as the 14th Editor of Econometrica. On July 1, 2025, Marina Halac will become the Editor.
Quantitative Economics: Stéphane Bonhomme has been the Editor of Quantitative Economics since 2021. His successor will be Bernard Salanié.
Theoretical Economics: The Editor of Theoretical Economics since 2021 has been Simon Board. Taking over for him in July 2025 will be Federico Echenique.
Guido, Stéphane, and Simon have been outstanding Editors. We are grateful to them for the work they have done and will continue to do, and we look forward to further congratulating them next year. We believe Marina, Bernard, and Federico will be outstanding successors and we thank them in advance for their service.
Finally, we are grateful to Larry Samuelson for chairing all three search committees, and we thank the search committee members for their hard and fruitful work:
Econometrica: Christian Dustmann, Lars Hansen, Alessandro Lizzeri, George Mailath, Ariel Pakes, Helene Rey, and Elie Tamer.
QE: Kate Ho, Michael Keane, Felix Kubler, Whitney Newey, and Frank Schorfheide.
TE: Jeff Ely, Johannes Horner, Gilat Levy, Meg Meyer, and Ran Spiegler.
