Journal of Economic Literature Vol. 46 No. 1 2008
Book Reviews
Abstract
Neil Gandal of Tel Aviv University and CEPR reviews “Handbook on Hedonic Indexes and Quality Adjustments in Price Indexes: Special Application to Information Technology Products” by Jack Triplett,. The EconLit Abstract of the reviewed work begins “Reviews the methods employed in price indexes to adjust for quality change--“conventional” quality adjustment methods and hedonic price indexes. Discusses quality adjustments in conventional price index methodologies; hedonic price indexes and hedonic quality adjustments; when hedonic and matched model indexes give different results, and why; principles for estimating a hedonic function--choosing the variables; estimating hedonic functions--other research issues; and some objections to hedonic indexes. Triplett is with the Brookings Institution and is a consultant to the OECD. No index.”
- DOI
- 10.1257/jel.46.1.151.r3
- Volume
- 46
- Issue
- 1
- Pages
- 156-158
- Language
- en
- Sources
- crossref