By Ana M. Aizcorbe
A comparable goal is to fill the vast gulf among the unavoidably simplistic straight forward remedies in textbooks and the very advanced discussions present in the theoretical and empirical dimension literature. the following, the theoretical effects are summarized in an intuitive approach and their numerical value is illustrated utilizing information and effects from latest studies.
Finally, whereas the purpose of a lot of the prevailing literature is to raised comprehend reputable cost indexes just like the customer fee Index, the emphasis here's more effective: to supply the wanted instruments for people to use those innovations all alone. As new datasets turn into more and more obtainable, instruments like those might be had to receive precis rate measures. certainly, those concepts were utilized for years in antitrust circumstances that contain pricing, the place financial experts
typically have entry to massive, granular datasets.
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Extra info for A Practical Guide to Price Index and Hedonic Techniques (Practical Econometrics)
A Practical Guide to Price Index and Hedonic Techniques (Practical Econometrics) by Ana M. Aizcorbe