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 e¤ects and time-variant unobserved quality changes, that are assumed to be captured b...

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Bibliographic details
Main Author: Varela-Irimia, Xosé-Luís
Format: Publication
Language: English
Place of publication: Xarxa de Referència en Economia Aplicada (XREAP) 01.01.2011
Data of publication: 2011-01-01
Online Access: available in Bonn?
Database: OpenAIRE (Open Access)
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