This paper develops a new method for identifying and estimating production functions with partially latent inputs. Such data structures arise naturally when data are collected using an “input-based sampling” strategy, e.g., if the sampling unit is one of multiple labor input factors. We show...

This paper develops a new method for identifying and estimating production functions with partially latent inputs. Such data structures arise naturally when data are collected using an ``input-based sampling" strategy, e.g., if the sampling unit is one of multiple labor input factors. We show...

Dating to the classic works of Alonso, Mills, and Muth, the production function for housing has played a central role in urban economics and local public finance. This paper provides a new flexible approach for estimating the housing production function which treats housing quantities and prices...

We formulate and estimate a new equilibrium model of metropolitan housing markets with housing differentiated by quality. Quality is a latent variable that captures all features of a dwelling and its environment. We estimate the model for Chicago and New York, obtaining hedonic housing price...