Series: IMF Working Papers
Author(s): Mick Silver , and Brian Graf
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2014
Keywords: Commercial Property Price Indexes, Errors in Measurement, Spatial Econometrics, Spatial Panel Regressions, Index Number Weights, price inflation, monetary fund, inflation rates, General, Index Numbers and Aggregation
Transaction-price residential (house) and commercial property price indexes (RPPIs and CPPIs) have inherent problems of sparse data on heterogeneous properties, more so CPPIs. In an attempt to control for heterogen...