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Efficient Estimation of the Costs of Rent Controls: A Comment

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  • Moon, Choon-Geol
  • Stotsky, Janet G

Abstract

Steven B. Caudill, Richard W. Ault, and Richard P. Saba (1989) introduce an approach to estimating a hedonic price equation that accounts for censoring d ue to rent control in a rental housing market. This paper extends and clarifies their assertion on the consistency of the ordinary least squares estimates and their estimates. The authors indicate how the nature of the rent control law affects the consistency propertie s of the two estimation methods. Copyright 1993 by MIT Press.

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  • Moon, Choon-Geol & Stotsky, Janet G, 1993. "Efficient Estimation of the Costs of Rent Controls: A Comment," The Review of Economics and Statistics, MIT Press, vol. 75(1), pages 184-187, February.
    • Handle: RePEc:tpr:restat:v:75:y:1993:i:1:p:184-87
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    Cited by:

    1. William Gissy, 1997. "Rent controls and homeless rates," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 3(1), pages 113-121, February.
    2. Forgionne, G. A., 1996. "Forecasting army housing supply with a DSS-delivered econometric model," Omega, Elsevier, vol. 24(5), pages 561-576, October.

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