Changes in the distribution of house prices over time: Structural characteristics, neighborhood, or coefficients?

A-Tier
Journal: Journal of Urban Economics
Year: 2008
Volume: 64
Issue: 3
Pages: 573-589

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Quantile hedonic house price function estimates imply that appreciation rates were higher between 1995 and 2005 for high-priced homes in Chicago. Decompositions of temporal changes in the house price distribution suggest that the types of homes sold and their location do not account for the change in the price distribution. Rather, higher appreciation rates for high-priced homes are explained by differences in the quantile regression coefficients over time.

Technical Details

RePEc Handle
repec:eee:juecon:v:64:y:2008:i:3:p:573-589
Journal Field
Urban
Author Count
1
Added to Database
2026-01-26