In 2005 or so I thought it would be useful to write a somewhat practical guide on how to estimate and interpret hedonic models for housing markets. So I did. But it never turned out the way I wanted, and now it is hopelessly, hopelessly, out of date. Nevertheless, a couple of years ago it started to get cited, mainly, it seems, because I recommended the semilog functional form. So for all those who wish to cite it, here it is.
A Guide to Hedonic Modelling (2008)
Paul Krugman's monograph Geography and Trade is rightly considered a classic. But the diagrams in Chapter 1 are printed and proofed very poorly, and actually lead the author and reader into error. Properly formatted diagrams are provided here.
Originally written in 1979. Tinkered with many times since.
Some people expressed an interest in the slides from my AREUEA Presidential Address.
Cliff Lipscomb kindly asked me to write a foreword for his co-authored book Real Estate Analysis in the Information Age. I kind of like how it came out so I am putting it here. I don't think anyone will mind.
A Guide to Hedonic Modelling (2008)
Paul Krugman's monograph Geography and Trade is rightly considered a classic. But the diagrams in Chapter 1 are printed and proofed very poorly, and actually lead the author and reader into error. Properly formatted diagrams are provided here.
Originally written in 1979. Tinkered with many times since.
Some people expressed an interest in the slides from my AREUEA Presidential Address.
Cliff Lipscomb kindly asked me to write a foreword for his co-authored book Real Estate Analysis in the Information Age. I kind of like how it came out so I am putting it here. I don't think anyone will mind.
