Age effects, unobserved characteristics and hedonic price indexes: The Spanish car market in the 1990's

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 time-variant unobserved quality changes, that are assumed to be captured...

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Bibliographic details
Main Author: Varela-Irimia, Xose-Luis
Format: Paper
Language: English
Place of publication: 2011
Related: Universitat Rovira i Virgili, Department of Economics
Data of publication: 2011
Series: Working Papers
Online Access: available in Bonn?
Database: RePEc
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