case, both the marginal value of characteristics and a fixed-weight price index can be estimated from a hedonic regression …. Using the marginal value of characteristics, we show how to construct bounds on the exact hedonic price index. When prices …

staggering 55% per year (on average) over the first decade of the technology. By contrast, an hedonic-based index captures just a … small fraction of the decline, and a simple (unadjusted) price index shows a substantial price increase over the same period …

We provide the first multi-city, constant quality land price index for 35 major markets in China. While there is … hedonic index more accurately reflects how house prices have changed over time in eight major markets in China. Repeat sales … of the housing stock is relatively new and has not traded multiple times. A hedonic index shows much higher house price …

an open system of cities, compensating differentials theory predicts that local real estate prices will reflect the …

data set of housing transactions in Southern California. The rank predictions of different models are robust with respect …