A Practical Guide to Price Index and Hedonic Techniques by Ana M. Aizcorbe PDF

By Ana M. Aizcorbe

This booklet presents an obtainable advisor to cost index and hedonic innovations, with a spotlight on the right way to most sensible practice those ideas and interpret the ensuing measures. One objective of this publication is to supply first-hand adventure at developing those measures, with information on useful matters corresponding to what the precise facts could appear like and the way most sensible to build those measures while the information are below ideal.

A comparable goal is to fill the large gulf among the unavoidably simplistic trouble-free remedies in textbooks and the very advanced discussions present in the theoretical and empirical size literature. right here, the theoretical effects are summarized in an intuitive means and their numerical significance is illustrated utilizing information and effects from current studies.

Finally, whereas the purpose of a lot of the prevailing literature is to higher comprehend legit fee indexes just like the customer expense Index, the emphasis this is simpler: to supply the wanted instruments for people to use those concepts on their lonesome. As new datasets develop into more and more available, instruments like those can be had to receive precis fee measures. certainly, those suggestions were utilized for years in antitrust instances that contain pricing, the place fiscal experts
typically have entry to giant, 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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