Publicação
Convenient links for the estimation of hedonic price indexes: the case of unique, infrequently traded assets
| dc.contributor.author | Ramalho, Esmeralda A. | |
| dc.contributor.author | Ramalho, Joaquim J.S. | |
| dc.date.accessioned | 2023-11-06T16:09:59Z | |
| dc.date.available | 2023-11-06T16:09:59Z | |
| dc.date.issued | 2014 | |
| dc.description.abstract | Hedonic methods are a prominent approach in the construction of quality-adjusted price indexes. This paper shows that the process of computing such indexes is substantially simplified if arithmetic (geometric) price indexes are computed based on exponential (log-linear) hedonic functions estimated by the Poisson pseudo maximum likelihood (ordinary least squares) method. A Monte Carlo simulation study based on housing data illustrates the convenience of the links identified and the very attractive properties of the Poisson estimator in the hedonic framework. | pt_PT |
| dc.description.version | info:eu-repo/semantics/publishedVersion | pt_PT |
| dc.identifier.citation | Ramalho, Esmeralda A. and Joaquim J.S. Ramalho. (2014). “Convenient links for the estimation of hedonic price indexes: the case of unique, infrequently traded assets”. Statistica Neerlandica, Vol. 68, No. 2: pp. 91–117. (Search PDF in 2023). | pt_PT |
| dc.identifier.doi | doi.org/10.1111/stan.12024 | pt_PT |
| dc.identifier.eissn | 1467-9574 | |
| dc.identifier.uri | http://hdl.handle.net/10400.5/29311 | |
| dc.language.iso | eng | pt_PT |
| dc.publisher | John Wiley & Sons Ltd. | pt_PT |
| dc.subject | Hedonic Price Indexes | pt_PT |
| dc.subject | Quality Adjustment | pt_PT |
| dc.subject | Retransformation | pt_PT |
| dc.subject | House Prices | pt_PT |
| dc.subject | Exponential Regression | pt_PT |
| dc.subject | Poisson Pseudo-Maximum Likelihood | pt_PT |
| dc.title | Convenient links for the estimation of hedonic price indexes: the case of unique, infrequently traded assets | pt_PT |
| dc.type | journal article | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | article | pt_PT |