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sample. Hereby, the various plans of expanding Berlin-Brandenburg Inter- national airport are used as a source of exogenous …In this paper, we examine the effects of an airport expansion on the prices of houses and flats located under the … variation. -- Airport noise ; housing prices ; price expectations ; quasi-experiment ; spatial effects …
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By using a unique data set of single-family house transactions, we examine the accuracy of the cost and sales comparison approach over different forecast horizons. We find that sales comparison values provide better long-term forecasts than cost values if the economic loss function is symmetric....
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