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dc.contributor.authorHeckman, James Josephen_US
dc.contributor.authorMatzkin, Rosa Lilianaen_US
dc.contributor.authorNesheim, Larsen_US
dc.date.accessioned2009-01-28T16:11:30Z-
dc.date.available2009-01-28T16:11:30Z-
dc.date.issued2003en_US
dc.identifier.urihttp://hdl.handle.net/10419/20086-
dc.description.abstractMaking use of restrictions imposed by equilibrium, theoretical progress has been made on the nonparametric and semiparametric estimation and identification of scalar additive hedonic models (Ekeland, Heckman, and Nesheim, 2002) and scalar nonadditive hedonic models (Heckman, Matzkin, and Nesheim, 2002). However, little is known about the practical aspects of estimating such models or of the characteristics of equilibrium in such models. This paper presents computational and analytical results that fill some of these gaps. We simulate and estimate examples of equilibrium in the additive hedonic models and provide evidence on the performance of several estimation techniques. We also simulate examples of equilibria in nonadditive models and provide evidence on the performance of the nonadditive estimation techniques developed in Heckman, Matzkin, and Nesheim (2002).en_US
dc.language.isoengen_US
dc.relation.ispartofseriesIZA Discussion paper series 843en_US
dc.subject.jelC31en_US
dc.subject.ddc330en_US
dc.subject.keywordhedonic modelsen_US
dc.subject.keywordnonparametric methodsen_US
dc.subject.keywordsimulationen_US
dc.subject.keywordMonte Carloen_US
dc.subject.keywordadditive modelsen_US
dc.subject.keywordnonadditive modelsen_US
dc.subject.stwQuerschnittsanalyseen_US
dc.subject.stwÖkonometrisches Modellen_US
dc.subject.stwHedonischer Preisen_US
dc.subject.stwNichtparametrisches Verfahrenen_US
dc.subject.stwSimulationen_US
dc.subject.stwSchätztheorieen_US
dc.subject.stwTheorieen_US
dc.titleSimulation and Estimation of Hedonic Modelsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn368833488en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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