Djurdjevic, Dragana; Eugster, Christine; Haase, Ronny - In: Swiss Journal of Economics and Statistics (SJES) 144 (2008) IV, pp. 679-701
This paper is an empirical application of a hedonic model to determine rents in Switzerland. Unlike traditional hedonic models, we take account of the fact that data are clustered at different levels. The resulting spatial autocorrelation and heterogeneity permits a consideration of different...