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- W1582293873 abstract "We propose a new method to estimate a repeat-sales house price index. Our unbalanced panel method employs an OLS panel regression to estimate the (log) house price as a function of time fixed effects and house-specific fixed effects. Comparisons are made across three repeat-sales methods using actual data, and using simulated data with both stationary and non-stationary relative price innovations. The unbalanced panel method comprehensively utilises all sale information on a house rather than splitting sales into distinct pairs. It is the simplest of the methods to implement, and possesses superior properties to the other two methods under a wide range of data generation processes." @default.
- W1582293873 created "2016-06-24" @default.
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- W1582293873 date "2010-09-01" @default.
- W1582293873 modified "2023-09-23" @default.
- W1582293873 title "A Simple Repeat Sales House Price Index: Comparative Properties Under Alternative Data Generation Processes" @default.
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- W1582293873 doi "https://doi.org/10.22004/ag.econ.292612" @default.
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