The real estate sector brings a fortune to the global economy. But, presently, this sector is
regressive and uses traditional methods and approaches. Therefore, it needs a …

RELATIVE WAGES are changing. Over the last decade or so, earnings of high school
graduates have declined rela-tive to college graduates, and earnings of young adults have …

Using data from Pennsylvania and an array of empirical techniques to control for
confounding factors, we recover hedonic estimates of property value impacts from nearby …

The hedonic property-value model has been refined over more than forty years to become
one of the premier approaches to valuing environmental amenities. This article presents …

The second edition of a comprehensive state-of-the-art graduate level text on
microeconometric methods, substantially revised and updated. The second edition of this …

This paper investigates whether energy performance ratings, as measured by mandatory
Energy Performance Certificates (EPCs), are reflected in the sale prices of residential …

The first edition of this important work was the winner of the 2002 Publication of Enduring
Quality award by the Association of Environmental and Resource Economists. The …

We exploit the structure of the Clean Air Act to provide new evidence on the capitalization of
total suspended particulates (TSPs) air pollution into housing values. This legislation …

The primary objective of this paper is to improve the methodology for estimating hedonic
price functions when the data are inherently spatial. A spatial-econometric hedonic housing …

In choosing the level of quality to purchase, the buyer of a differentiated product also
chooses a point on the marginal price schedule for that product. Hence, in general, the …