Estimation And Hypothesis Testing For Nonparametric Hedonic House Price Functions

By Daniel P. McMillen, Christian L. Redfearn. 2010

214 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/a84df023737c3a6305d79cf7f2dc846462cf931d

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In Economics and Econometrics

Citations in the corpus

Spatial Heterogeneity in Hedonic House Price Models: The Case of Austria (2014, methodology): “Besides assuming a predefined and fixed bandwidth, an adaptive bandwidth has been proven to be highly suitable in practice (McMillen and Redfearn, 2010), reflecting a relation between the density of the regression points and the bandwidth (i.e., denser points yield smaller bandwidths and vice…”
Best Practices for Using Hedonic Property Value Models to Measure Willingness to Pay for Environmental Quality (2020, background): “…hedonic price functions and their gradients, although there is currently no evidence on the implications of the biasvariance trade-off implicit in such approaches (e.g., Bajari and Benkard 2005; Parmeter, Henderson, and Kumbhakar 2007; McMillen and Redfearn 2010; Bishop and Timmins 2018).”
Homevoters vs. Leasevoters: A Spatial Analysis of Airport Effects (2015, methodology): “Locally weighted regressions belong to the class of nonparametric approaches and essentially imply that for each observation (here precincts), a weighted regression is estimated based on a kernel (Cleveland & Devlin, 1988; McMillen, 1996; McMillen & Redfearn, 2010).”
How Does Transportation Shape Intrametropolitan Growth? An Answer from the Regional Express Rail (2017, unknown): “…centuries, (4) whether they had a monastery built between the 12th and 16th centuries, and (5) whether they hosted important fairs between the 10th and the 16th centuries:6 5As Redfearn (2009) and McMillen and Redfearn (2010) highlight, it is difficult to choose functional forms in spatial data.”
Urban spatial structure, suburbanization and transportation in Barcelona (2012, methodology): “To compute location variables, I consider the CBD and 7 subcenters 16See McMillen (2001), Redfearn (2009) and McMillen and Redfearn (2010) for details on the LWR procedure.”