Showing 1 - 10 of 11
Persistent link: https://www.econbiz.de/10003596345
Persistent link: https://www.econbiz.de/10011793686
We extend the literature on house price cash differentials in important ways. First, our paper is the first to employ methods to correct for sample selection bias, using both switching regression and propensity score matching of cash vs. non-cash transactions. We use selection models to produce...
Persistent link: https://www.econbiz.de/10012965535
Persistent link: https://www.econbiz.de/10012152007
This study examines house transaction price differentials observed among funding type combinations; accounting for potential sample selection and spatial biases yields a better approximation of price differentials between group combinations. Consistent with expectations we detect, and correct...
Persistent link: https://www.econbiz.de/10012871292
Persistent link: https://www.econbiz.de/10001434616
Persistent link: https://www.econbiz.de/10001467684
Persistent link: https://www.econbiz.de/10001419376
Beginning with a hedonic price model, and then progressing to a method accounting for dual sample selectivity biases and spatial interdependence; we document (and correct for) these potential confounding biases, and produce price counterfactuals for (1) all-cash financed property, (2) distressed...
Persistent link: https://www.econbiz.de/10012928815
Persistent link: https://www.econbiz.de/10001467690