How to Better Measure Hedonic Residential Property Price Indexes is popular PDF and ePub book, written by Mick Silver in 2016-11-16, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, How to Better Measure Hedonic Residential Property Price Indexes can be Read Online from any device for your convenience.
How to Better Measure Hedonic Residential Property Price Indexes Book PDF Summary
Hedonic regressions are used for property price index measurement to control for changes in the quality-mix of properties transacted. The paper consolidates the hedonic time dummy approach, characteristics approach, and imputation approaches. A practical hedonic methodology is proposed that (i) is weighted at a basic level; (ii) has a new (quasi-) superlative form and thus mitigates substitution bias; (iii) is suitable for sparse data in thin markets; and (iv) only requires the periodic estimation of hedonic regressions for reference periods and is not subject to the vagrancies of misspecification and estimation issues.
Detail Book of How to Better Measure Hedonic Residential Property Price Indexes PDF
- Author : Mick Silver
- Release : 16 November 2016
- Publisher : International Monetary Fund
- ISBN : 9781475555295
- Genre : Business & Economics
- Total Page : 89 pages
- Language : English
- PDF File Size : 14,9 Mb
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