New characteristics and hedonic price index numbers

Changes in product characteristics on the extensive margin (the addition of new features and the removal of old ones) are an important and hitherto neglected dimension of quality change. Standard techniques for adjusting price indices for new goods cannot handle such changes satisfactorily, and this...

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Asıl Yazarlar: Crawford, IAN, Neary, P
Materyal Türü: Journal article
Dil:English
Baskı/Yayın Bilgisi: MIT Press 2023
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New characteristics and hedonic price index numbers Yazar: Crawford, I, Neary, P

Baskı/Yayın Bilgisi 2019
Working paper