Age effects, unobserved characteristics and hedonic price indexes: The Spanish car market in the 1990s
This paper computes and compares alternative quality-adjusted price indexes for new cars in Spain in the period 1990 - 2000. The proposed hedonic approach simultaneously controls for time-invariant unobserved product effects and age effects, that can be interpreted as a proxy for time-variant unobse...
|Main Author:||Varela-Irimia, Xosé-Luís|
|Place of publication:||
Heidelberg Springer 2014
|published in:||SERIEs - Journal of the Spanish Economic Association Vol. 5; no. 4; pp. 419 - 455|
|Data of publication:||2014|
Database information Databases - DBIS