RDP 2014-09: Predicting Dwelling Prices with Consideration of the Sales Mechanism Equation (B3)

p t a ( s n a t : n a t a , , s 2 : n a t a ) = γ a t n a t 1 j = 3 n a t s j : n a t a + ( ψ a t + γ a t n a t 1 ) s 2 : n a t a MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamiCamaaDa aaleaacaWG0baabaGaamyyaaaakmaabmaabaGaam4CamaaDaaaleaa caWGUbWaaSbaaWqaaiaadggacaWG0baabeaaliaacQdacaWGUbWaaS baaWqaaiaadggacaWG0baabeaaaSqaaiaadggaaaGccaGGSaGaeSOj GSKaaiilaiaadohadaqhaaWcbaGaaGOmaiaacQdacaWGUbWaaSbaaW qaaiaadggacaWG0baabeaaaSqaaiaadggaaaaakiaawIcacaGLPaaa cqGH9aqpdaWcaaqaaiabeo7aNnaaBaaaleaacaWGHbGaamiDaaqaba aakeaacaWGUbWaaSbaaSqaaiaadggacaWG0baabeaakiabgkHiTiaa igdaaaWaaabCaeaacaWGZbWaa0baaSqaaiaadQgacaGG6aGaamOBam aaBaaameaacaWGHbGaamiDaaqabaaaleaacaWGHbaaaOGaey4kaSYa aeWaaeaacqaHipqEdaWgaaWcbaGaamyyaiaadshaaeqaaOGaey4kaS YaaSaaaeaacqaHZoWzdaWgaaWcbaGaamyyaiaadshaaeqaaaGcbaGa amOBamaaBaaaleaacaWGHbGaamiDaaqabaGccqGHsislcaaIXaaaaa GaayjkaiaawMcaaiaadohadaqhaaWcbaGaaGOmaiaacQdacaWGUbWa aSbaaWqaaiaadggacaWG0baabeaaaSqaaiaadggaaaaabaGaamOAai abg2da9iaaiodaaeaacaWGUbWaaSbaaWqaaiaadggacaWG0baabeaa a0GaeyyeIuoaaaa@7AFD@