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| Gaetano Lisi and Mauro Iacobini |
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| ''Measuring the Housing Price Dispersion in Italy'' |
| ( 2012, Vol. 32 No.1 ) |
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| This paper has two interconnected goals. The first is to provide a simple method for measuring the variance in house prices which can not be attributed to the heterogeneous nature of real estate goods. The second goal is to show the strong statistical significance of this residual volatility in the Italian housing market. |
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| Keywords: housing price dispersion, hedonic price function, residual price volatility |
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| Manuscript Received : Jan 19 2012 | | Manuscript Accepted : Mar 04 2012 |
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