Hedonic Methods in Housing Markets

Download Hedonic Methods in Housing Markets PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 0387768157
Total Pages : 283 pages
Book Rating : 4.3/5 (877 download)

DOWNLOAD NOW!


Book Synopsis Hedonic Methods in Housing Markets by : Andrea Baranzini

Download or read book Hedonic Methods in Housing Markets written by Andrea Baranzini and published by Springer Science & Business Media. This book was released on 2008-09-20 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cities are growing worldwide and their sprawl is increasingly challenged for its pressure on open spaces and environmental quality. Economic arguments can help to decide about the trade-off between preserving environmental quality and developing housing and business surfaces, provided the benefits of environmental quality are adequately quantified. To this end, this book focuses on the use and advancement of the “hedonic approach”, an economic valuation technique that analyses and quantifies the sources of rent and property price differentials. Starting from theoretical foundations, the hedonic approach is applied to the valuation of natural land use preservation and noise abatement measures, as well as to residential segregation and discrimination, extending the analysis to the role of the buyers and sellers' identity on housing market prices and to the issue of environmental justice.

A Review of Applications of Hedonic Pricing Models in the New Zealand Housing Market

Download A Review of Applications of Hedonic Pricing Models in the New Zealand Housing Market PDF Online Free

Author :
Publisher :
ISBN 13 : 9781988589541
Total Pages : 24 pages
Book Rating : 4.5/5 (895 download)

DOWNLOAD NOW!


Book Synopsis A Review of Applications of Hedonic Pricing Models in the New Zealand Housing Market by : Mario Andres Fernandez

Download or read book A Review of Applications of Hedonic Pricing Models in the New Zealand Housing Market written by Mario Andres Fernandez and published by . This book was released on 2019 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Primer on Nonmarket Valuation

Download A Primer on Nonmarket Valuation PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 9400771045
Total Pages : 504 pages
Book Rating : 4.4/5 (7 download)

DOWNLOAD NOW!


Book Synopsis A Primer on Nonmarket Valuation by : Patricia A. Champ

Download or read book A Primer on Nonmarket Valuation written by Patricia A. Champ and published by Springer. This book was released on 2017-02-08 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a practical book with clear descriptions of the most commonly used nonmarket methods. The first chapters of the book provide the context and theoretical foundation of nonmarket valuation along with a discussion of data collection procedures. The middle chapters describe the major stated- and revealed-preference valuation methods. For each method, the steps involved in implementation are laid out and carefully explained with supporting references from the published literature. The final chapters of the book examine the relevance of experimentation to economic valuation, the transfer of existing nonmarket values to new settings, and assessments of the reliability and validity of nonmarket values. The book is relevant to individuals in many professions at all career levels. Professionals in government agencies, attorneys involved with natural resource damage assessments, graduate students, and others will appreciate the thorough descriptions of how to design, implement, and analyze a nonmarket valuation study.

Housing Economics and Public Policy

Download Housing Economics and Public Policy PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 0470680415
Total Pages : 352 pages
Book Rating : 4.4/5 (76 download)

DOWNLOAD NOW!


Book Synopsis Housing Economics and Public Policy by : Anthony O'Sullivan

Download or read book Housing Economics and Public Policy written by Anthony O'Sullivan and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a timely assessment of 20 years of progress in the field of housing economics and its application to policy and practice. Two decades on from the publication of Duncan Maclennan's influential Housing Economics, 16 leading housing experts - both academics and policy makers from across the world - now honour Maclennan's contributions. The chapters here present a contemporary survey of key issues in housing, from urban housing markets and sub-market modelling, to the economics of social housing, the basis for housing planning, economic analysis of neighbourhoods, and the connections between academic work and policy development. For students, researchers and practitioners in housing, urban economics and social policy, Housing Economics and Public Policy: . provides up to date and comprehensive reviews of major areas of the housing economics literature . sheds light on the economic, social and spatial processes that affect housing . includes discussion of major areas of cutting edge housing economics research and identifies continuing gaps . presents a synthesis of housing economics research on both sides of the Atlantic . assesses the impact of theory on policy and practice

Handbook of Financial Econometrics and Statistics

Download Handbook of Financial Econometrics and Statistics PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 9781461477495
Total Pages : 0 pages
Book Rating : 4.4/5 (774 download)

DOWNLOAD NOW!


Book Synopsis Handbook of Financial Econometrics and Statistics by : Cheng-Few Lee

Download or read book Handbook of Financial Econometrics and Statistics written by Cheng-Few Lee and published by Springer. This book was released on 2014-09-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: ​The Handbook of Financial Econometrics and Statistics provides, in four volumes and over 100 chapters, a comprehensive overview of the primary methodologies in econometrics and statistics as applied to financial research. Including overviews of key concepts by the editors and in-depth contributions from leading scholars around the world, the Handbook is the definitive resource for both classic and cutting-edge theories, policies, and analytical techniques in the field. Volume 1 (Parts I and II) covers all of the essential theoretical and empirical approaches. Volumes 2, 3, and 4 feature contributed entries that showcase the application of financial econometrics and statistics to such topics as asset pricing, investment and portfolio research, option pricing, mutual funds, and financial accounting research. Throughout, the Handbook offers illustrative case examples and applications, worked equations, and extensive references, and includes both subject and author indices.​

Handbook on Residential Property Prices (RPPIs)

Download Handbook on Residential Property Prices (RPPIs) PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1475588313
Total Pages : 186 pages
Book Rating : 4.4/5 (755 download)

DOWNLOAD NOW!


Book Synopsis Handbook on Residential Property Prices (RPPIs) by : Statistical Office of the European Communities

Download or read book Handbook on Residential Property Prices (RPPIs) written by Statistical Office of the European Communities and published by International Monetary Fund. This book was released on 2013-08-13 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: For most citizens, buying a residential property (dwelling) is the most important transaction during their lifetime. Residential properties represent the most significant component of households’ expenses and, at the same time, their most valuable assets. The Residential Property Prices Indices (RPPIs) are index numbers measuring the rate at which the prices of residential properties are changing over time. RPPIs are key statistics not only for citizens and households across the world, but also for economic and monetary policy makers. Among their professional uses, they serve, for example, to monitor macroeconomic imbalances and risk exposure of the financial sector. This Handbook provides, for the first time, comprehensive guidelines for the compilation of RPPIs and explains in depth the methods and best practices used to calculate an RPPI. It also examines the underlying economic and statistical concepts and defines the principles guiding the methodological and practical choices for the compilation of the indices. The Handbook primarily addresses official statisticians in charge of producing residential property price indices; at the same time, it addresses the overall requirement on RPPIs by providing a harmonised methodological and practical framework to all parties interested in the compilation of such indices. The RPPIs Handbook has been written by leading academics in index number theory and by recognised experts in RPPIs compilation. Its development has been coordinated by Eurostat, the statistical office of the European Union, with the collaboration of the International Labour Organization (ILO), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations Economic Commission for Europe (UNECE) and the World Bank.

Valuing the Built Environment

Download Valuing the Built Environment PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1351876147
Total Pages : 232 pages
Book Rating : 4.3/5 (518 download)

DOWNLOAD NOW!


Book Synopsis Valuing the Built Environment by : Scott Orford

Download or read book Valuing the Built Environment written by Scott Orford and published by Routledge. This book was released on 2017-09-08 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book critically assesses the hedonic pricing technique as a method of imputing monetary values for the implicit attributes of housing. The hedonic technique is widely used, particularly in the US, but increasingly in Europe and Asia and has proved to yield important results and influence cost-benefit analysis. Scott Orford breaks new ground in this volume by exploring hedonic house price models within a geographical rather than purely economic context. He reevaluates the microeconomic theory of housing markets and concludes that only by treating housing market dynamics as inherently spatial can empirical results conform to the theory that underpins them. He also makes conclusions with respect to locational externalities, which have important implications as to how the built environment is valued.

Price Indexes and Quality Change

Download Price Indexes and Quality Change PDF Online Free

Author :
Publisher :
ISBN 13 : 9780674592612
Total Pages : 297 pages
Book Rating : 4.5/5 (926 download)

DOWNLOAD NOW!


Book Synopsis Price Indexes and Quality Change by : Zvi Griliches

Download or read book Price Indexes and Quality Change written by Zvi Griliches and published by . This book was released on 2013-10 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Hedonic House Prices Without Characteristics

Download Hedonic House Prices Without Characteristics PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 58 pages
Book Rating : 4.:/5 (129 download)

DOWNLOAD NOW!


Book Synopsis Hedonic House Prices Without Characteristics by : Olympia Bover

Download or read book Hedonic House Prices Without Characteristics written by Olympia Bover and published by . This book was released on 2004 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we propose an alternative to traditional hedonics for estimating new multiunit housing inflation, adjusting for quality changes. By relying on the within-site variation we control in a very general way for unobserved housing characteristics using site-specific effects. Precise location, transport, traffic, closeness to services, or construction quality are some of the unobserved but typically relevant housing characteristics that may bias estimated house price inflation, even when using hedonic methods. We also estimate standard hedonic equations and compare the results to those obtained with the alternative hedonic equations with site dummies. Our dataset is fairly rich in observable housing characteristics but, nevertheless, the quality-adjusted house price evolution is quite different in some cases. The data cover the construction of new housing in some of the large Spanish cities and in the smaller towns on the outskirts of the capital during part of the 1990s.

A Primer on U.S. Housing Markets and Housing Policy

Download A Primer on U.S. Housing Markets and Housing Policy PDF Online Free

Author :
Publisher : The Urban Insitute
ISBN 13 : 9780877667025
Total Pages : 240 pages
Book Rating : 4.6/5 (67 download)

DOWNLOAD NOW!


Book Synopsis A Primer on U.S. Housing Markets and Housing Policy by : Richard K. Green

Download or read book A Primer on U.S. Housing Markets and Housing Policy written by Richard K. Green and published by The Urban Insitute. This book was released on 2003 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book that explains the economics of housing policy for a general audience. Planners, government officials, and public policy students will find that the economic perspective is a very powerful and useful way to examine these issues. The authors provide a broad review of the market for housing services in the U.S., including a conceptual framework, an overview of housing demand and supply, methods for measuring prices and quantities, and sources of basic data on markets. They cover housing programs and polices, and offer answers to policy questions that are of current interest. The book has been field-tested in graduate and undergraduate courses in urban and housing economics at the University of Wisconsin, the University of California--Berkeley, The University of Pennsylvania, and others. This book is also sure to be useful to policymakers, advocates, economists, and anyone interested in a clear picture of how housing markets function. Published in cooperation with the American Real Estate and Urban Economics Association (AREUEA).

Urban Morphology and Housing Market

Download Urban Morphology and Housing Market PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 9811027625
Total Pages : 189 pages
Book Rating : 4.8/5 (11 download)

DOWNLOAD NOW!


Book Synopsis Urban Morphology and Housing Market by : Yang Xiao

Download or read book Urban Morphology and Housing Market written by Yang Xiao and published by Springer. This book was released on 2016-11-21 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is devoted to fill the ‘urban economics niche’ and conceptualize a framework for valuing the urban configuration via local housing market. Advanced network analysis techniques are employed to capture the centrality features hindered in street layout. The author explores the several effects of urban morphology via housing market over two distinct contexts: UK and China. This work will appeal to a wide readership from scholars and practitioner to policy makers within the fields of real estate analysis, urban and regional studies, urban planning, urban design and economic geography.

Modelling Spatial Housing Markets

Download Modelling Spatial Housing Markets PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 1461516730
Total Pages : 279 pages
Book Rating : 4.4/5 (615 download)

DOWNLOAD NOW!


Book Synopsis Modelling Spatial Housing Markets by : Geoffrey Meen

Download or read book Modelling Spatial Housing Markets written by Geoffrey Meen and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: Spatial fixity is one of the characteristics that distinguishes housing from most other goods and services in the economy. In general, housing cannot be moved from one part of the country to another in response to shortages or excesses in particular areas. The modelling of housing markets and the interlinkages between markets at different spatial levels - international, national, regional and urban - are the main themes of this book. A second major theme is disaggregation, not only in terms of space, but also between households. The book argues that aggregate time-series models of housing markets of the type widely used in Britain and also in other countries in the past have become less relevant in a world of increasing income dispersion. Typically, aggregate relationships will break down, except under special conditions. We can no longer assume that traditional location or tenure patterns, for example, will continue in the future. The book has four main components. First, it discusses trends in housing markets both internationally and within nations. Second, the book develops theoretical housing models at each spatial scale, starting with national models, moving down to the regional level and, then, to urban models. Third, the book provides empirical estimates of the models and, finally, the models are used for policy analysis. Analysis ranges over a wide variety of topics, including explanations for differing international house price trends, the causes of housing cycles, the role of credit markets, regional housing market interactions and the role of housing in urban/suburban population drift.

Handbook of Regional Science

Download Handbook of Regional Science PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 9783642234293
Total Pages : 0 pages
Book Rating : 4.2/5 (342 download)

DOWNLOAD NOW!


Book Synopsis Handbook of Regional Science by : Manfred M. Fischer

Download or read book Handbook of Regional Science written by Manfred M. Fischer and published by Springer. This book was released on 2013-09-17 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of Regional Science is a multi-volume reference work providing a state-of-the-art knowledge on regional science composed by renowned scientists in the field. The Handbook is intended to serve the academic needs of graduate students, and junior and senior scientists in regional science and related fields, with an interest in studying local and regional socio-economic issues. The multi-volume handbook seeks to cover the field of regional science comprehensively, including areas such as regional housing and labor markets, regional economic growth, innovation and regional economic development, new and evolutionary economic geography, location and interaction, the environment and natural resources, spatial analysis and geo-computation as well as spatial statistics and econometrics.

Housing Economics

Download Housing Economics PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 1137472715
Total Pages : 313 pages
Book Rating : 4.1/5 (374 download)

DOWNLOAD NOW!


Book Synopsis Housing Economics by : Geoffrey Meen

Download or read book Housing Economics written by Geoffrey Meen and published by Springer. This book was released on 2016-04-29 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world has still to emerge fully from the housing-triggered Global Financial Crisis, but housing crises are not new. The history of housing shows long-run social progress, littered with major disasters; nevertheless the progress is often forgotten, whilst the difficulties hit the headlines. Housing Economics provides a long-term economic perspective on macro and urban housing issues, from the Victorian era onwards. A historical perspective sheds light on modern problems and the constraints on what can be achieved; it concentrates on the key policy issues of housing supply, affordability, tenure, the distribution of migrant communities, mortgage markets and household mobility. Local case studies are interwoven with city-wide aggregate analysis. Three sets of issues are addressed: the underlying reasons for the initial establishment of residential neighbourhoods, the processes that generate growth, decline and patterns of integration/segregation, and the impact of historical development on current problems and the implications for policy.

Construction and Application of Property Price Indices

Download Construction and Application of Property Price Indices PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1351590995
Total Pages : 222 pages
Book Rating : 4.3/5 (515 download)

DOWNLOAD NOW!


Book Synopsis Construction and Application of Property Price Indices by : Anthony Owusu-Ansah

Download or read book Construction and Application of Property Price Indices written by Anthony Owusu-Ansah and published by Routledge. This book was released on 2018-07-11 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: The importance of house prices to households, real estate developers, banks and policy-makers cannot be overemphasised. House price changes affect consumer spending and business investment patterns, which in turn affect the wider macro economy and the entire business cycle. Measuring and understanding house prices is therefore essential to a functioning economy, but researchers continue to disagree on the best methodological approach for constructing real estate indices. This book argues the need for more accurate house price indices, outlines the various methods used to construct indices and discusses the existing house price indices around the globe. It shows how the raw data of property transactions can be prepared for the purpose of constructing indices, discusses various applications of property price indices and empirically demonstrates how the index numbers can be used to model the supply of new houses and to estimate the price elasticity of supply. Essential reading for economists, real estate professionals and researchers, and policy-makers.

The Economics of Urban Amenities

Download The Economics of Urban Amenities PDF Online Free

Author :
Publisher : Elsevier
ISBN 13 : 1483264750
Total Pages : 241 pages
Book Rating : 4.4/5 (832 download)

DOWNLOAD NOW!


Book Synopsis The Economics of Urban Amenities by : Douglas B. Diamond

Download or read book The Economics of Urban Amenities written by Douglas B. Diamond and published by Elsevier. This book was released on 2013-09-03 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Urban Amenities discusses amenities through a conceptual, methodological, and empirical basis. The text also defines amenities in a wide variety of human well-being. This collection of papers starts with a review of the concept of amenity. This book contains papers that discuss the economic roles of urban amenities and the resident’s site choice. This text also discusses the methods of amenity market analysis including assumptions of hedonic prices and residential location, the exogeneity issues, applications of the limited Box-Cox search, and the Hausman test. Several papers describe urban amenity markets considering options such as building heights, viewing, expressway noise, recreational centers, and neighborhood composition. This book also analyzes the market for regional amenities and covers subjects such as urban structure, wage rates, and migration. One paper shows that theoretically, differences in income and employment affect the control of amenities as these amenities in turn reflect “real utility differentials. This book is suitable for urban and city planners, sociologists, economies, researchers and academicians involved in demographics, and environmentalists.

The Maze of Urban Housing Markets

Download The Maze of Urban Housing Markets PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 9780226729510
Total Pages : 570 pages
Book Rating : 4.7/5 (295 download)

DOWNLOAD NOW!


Book Synopsis The Maze of Urban Housing Markets by : Jerome Rothenberg

Download or read book The Maze of Urban Housing Markets written by Jerome Rothenberg and published by University of Chicago Press. This book was released on 1991-11-15 with total page 570 pages. Available in PDF, EPUB and Kindle. Book excerpt: This powerful new theoretical approach to analyzing urban housing problems and the policies designed to rectify them will be a vital resource for urban planners, developers, policymakers, and economists. The search for the roots of serious urban housing problems such as homelessness, abandonment, rent burdens, slums, and gentrification has traditionally focused on the poorest sector of the housing market. The findings set forth in this volume show that the roots of such problems lie in the relationships among different parts of the market—not solely within the lower-quality portion—though that is where problems are most dramatically manifested and housing reforms are myopically focused. The authors propose a new understanding of the market structure characterized by a closely interrelated array of quality submarkets. Their comprehensive models ground a unified theory that accounts for demand by both renters and owner occupants, supply by owners of existing dwellings, changes in the stock of housing due to conversions and new construction, and interactions across submarkets.