When do Matched-model and Hedonic Techniques Yield Similar Measures?
نویسندگان
چکیده
منابع مشابه
WHEN DO MATCHED-MODEL AND HEDONIC TECHNIQUES YIELD SIMILAR PRICE MEASURES? Ana Aizcorbe Board of Governors of the Federal Reserve System
Hedonic techniques were developed to control for quality differences across goods and over time in order to construct constant-quality aggregate price measures. When the available data are a panel of high-frequency data on models whose characteristics are constant over time, matched-model price indexes can also be used to obtain constantquality price measures. We show this by demonstrating that...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2003
ISSN: 1556-5068
DOI: 10.2139/ssrn.550421