A forecast comparison of residential housing prices by parametric versus semiparametric conditional mean estimators

Economics Letters

Volumn 52, Issue 2, 1996, Pages 129-135

  Gençay, Ramazan ^a   Yang, Xian ^b  

^a UNIVERSITY OF WINDSOR   (Canada)

^b UNIVERSITY OF TORONTO   (Canada)

Author keywords

Box Cox and Wooldridge transformations; Hedonic price models; Residential housing prices; Semiparametric regression

Indexed keywords

EID: 0030305097     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0165-1765(96)00851-8     Document Type: Article

References (6)

1. Anglin, P. and R. Gençay, 1996, Semiparametric estimation of hedonic price function, Journal of Applied Econometrics, in press.
2. Bierens, H.J., 1987, Kernel estimation of regression functions, in: T.F. Bewley, ed., Advances in Econometrics: Fifth World Congress (Cambridge University Press, Cambridge).
3. Box, G.E.P. and D.R. Cox, 1964, An analysis of transformations, Journal of the Royal Statistical Society Series B 26, 211-252.
4. Robinson, P.M., 1988, Root-n-consistent semiparametric regression, Econometrica 56, 931-954.
5. Rosen, S., 1974, Hedonic prices and implicit markets: Product differentiation in perfect competition, Journal of Political Economy 82, 34-55.
6. Wooldridge, J.M., 1992, Some alternatives to the Box-Cox regression model, International Economic Review 33, 935-955.