打印

作者

来源

来源 JOURNAL OF URBAN ECONOMICS,Vol.65,P.573-589

语言

英文

关键字

R21;R31;C1;Price index;Housing;Repeat sales;Quantile

作者单位

Department of Economics and Institute of Government and Public Affairs, University of Illinois at Chicago (MC 191), 815 W. Van Buren Street, Suite 525, Chicago, IL 60607, USA"}]},{"#name":"correspondence","$":{"id":"cor001;Department of Economics and Institute of Government and Public Affairs, University of Illinois at Chicago (MC 191), 815 W. Van Buren Street, Suite 525, Chicago, IL 60607, USA"}]}},"correspondences":{"cor001":{"#name":"correspondence","$":{"id":"cor001

摘要

Quantile hedonic house price function estimates imply that appreciation rates were higher between 1995 and 2005 for high-priced homes in Chicago. Decompositions of temporal changes in the house price distribution suggest that the types of homes sold and their location do not account for the change in the price distribution. Rather, higher appreciation rates for high-priced homes are explained by differences in the quantile regression coefficients over time.