Read e-book online A Practical Guide to Price Index and Hedonic Techniques PDF

By Ana M. Aizcorbe

ISBN-10: 0198702426

ISBN-13: 9780198702429

This booklet presents an obtainable advisor to cost index and hedonic thoughts, with a spotlight on tips to most sensible observe those options and interpret the ensuing measures. One objective of this ebook is to supply first-hand event at developing those measures, with counsel on functional matters similar to what the suitable info might appear like and the way top to build those measures whilst the knowledge are lower than ideal.

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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A Practical Guide to Price Index and Hedonic Techniques (Practical Econometrics) by Ana M. Aizcorbe


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