In this paper we estimate hedonic prices for co-operative flats in the city of Umeå, Sweden, during  and . Structural and neighborhood characteristics together with accessibility measures are used as attributes in the hedonic price function. Since there are indications of spatial dependence Ordinary Least Squares estimation is inappropriate. Instead Spatial Autoregressive  estimation...

We examine whether property price differentials reflecting flood risk increase following a large flood event, and whether this change is temporary or permanent. We use single-family residential property sales in Dougherty County, Georgia, between 1985 and 2004 in a difference-in-differences spatial hedonic model framework. After the 1994 “flood of the century,” prices of properties in the 100ye...

This paper studies whether the central bank should adjust its inflation target to account for the systematic upward bias in measured inflation due to quality improvements in consumption goods. We show that the answer to this question depends on what prices are assumed to be sticky. If nonquality-adjusted prices are assumed to be sticky, then the inflation target should not be corrected. If, on ...

Forests provide non-market goods and services that people are implicitly willing to pay for through hedonic housing and labor markets. But it is unclear if compensating differentials arise in these markets at the regional level. This empirical question is addressed in a study of Arizona and New Mexico. Hedonic regressions of housing prices and wages using census and geographic data show that fo...

Assessing the potential economic and financial feasibility of a new aquaculture operation requires, amongst other things, an estimate price product is expected to receive once produced. For species, such prices may not be apparent in market. In this study, we develop hedonic pricing model species being considered for aquaculture, but which does have current market presence Australia. The includ...