ID | 364341 |
Title Proper | Price ceilings and market evaluations in a regulated housing market: an application of the Heckit-Estimator |
Other Title Information | Memorandum from Institute of Economics, University of Oslo. No. 15, 10 September 1987 |
Language | ENG |
Author | Rodseth, Asbjorn ; Skogstad, Hans Petter |
Summary / Abstract (Note) | Ceilings on sales prices of dwellings are compared to corresponding demand prices in the market. Demand prices of each characteristic of a dwelling are estimated from a sample of actual transactions where some dwellings sold at a below-ceiling prices. Heckmans method was used to correct for the consoring of the data implied by the ceilings. |
`In' analytical Note | In Holden, Steinar: A bargaining theory of inflation. [Memorandum from Institute of Economics, University of Oslo. No. 6, 6 May 1988 ] Oslo. Institute of Economics, University of Oslo, 1988. |
Key Words | Housing Market ; Heckit-Estimator ; Price ceilings in housing market |