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RDP 2014-09: Predicting Dwelling Prices with Consideration of the Sales Mechanism
Equation (7)
Δ
p
t
=
μ
p
+
α
p
(
a
t
−
1
−
β
p
t
−
1
)
+
∑
j
=
1
J
Γ
j
p
a
Δ
a
t
−
j
+
∑
j
=
1
J
Γ
j
p
p
Δ
p
t
−
j
+
ε
t
p
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