Recent advances in the theoretical understanding of equilibria in property markets predict that the equilibrium hedonic price function will typically be highly nonlinear. Rather than adopting progressively more flexible econometric specifications to deal with this nonlinearity we adopt an...

A frequent assumption of hedonic price estimation using property market data is that spatial autocorrelation of regression residuals is a feature of the error generating process. Under this assumption, spatial error dependence models that impose a specific spatial structure on the error...

The preparations for the introduction of the euro in 1999 involved the need for a new set of statistics for the euro area. Since then, significant progress has been made with regard to the coverage, timeliness and accuracy of these statistics. The reliability of the first releases – i.e. their...

Studies of transition economy labor markets have typically relied on standard, publicly available employment and unemployment statistics. This paper analyzes microdata on detailed labor force survey responses in Russia, Romania, and Estonia to measure nonstandard, boundary forms and alternative...

With the beginnings of a worldwide burgeoning development of matched firm-employee data, it is worthwhile to examine the possibilities for using these data. This essay discusses a variety of areas in which some progress has been made and presents ideas for future research in a number of others,...