Maurer, Raimond; Pitzer, Martin; Sebastian, Steffen - Sonderforschungsbereich 504 "Rationalitätskonzepte, …; … - 2001
In this paper, we calculate a transaction based price index for apartments in Paris (France). The heterogeneous character of real estate is taken into account by using an econometric model. The functional form is specified by using a general Box/Cox-function. The data base covers about 65% of...