We develop a programming algorithm that predicts a balanced-panel mix-adjusted house price index for arbitrary spatial …

index. The estimation confirms the importance of quality adjustment since the decline of average prices at 7 percent p.a. is … substantially lower, thus overestimating computer prices and inflation. When the hedonic index for German computer prices is … Software läßt vermuten, daß auch bei anderen Gütern, die einen raschen technologischen Fortschritt aufweisen, der Index der …