Coulson, N. Edward; McMillen, Daniel P. - In: Journal of Housing Economics 17 (2008) 2, pp. 138-151
The simultaneous estimation of vintage, age and time of sale effects in hedonic models is generally thought to be impossible without some restriction on functional form. This is not the case. We extend and employ the method of McKenzie (McKenzie, D., 2006. Disentangling age, cohort and time...