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Implications Indemand Estimation

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Preview of https://www.adamnsmith.com/files/notes/blp.pdf
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https://www.adamnsmith.com/files/notes/blp.pdf (blp.pdf)

206 KBEN 8 pages
The BLP model is a canonical random coefficients logit model that estimates demand for differentiated products.
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Preview of Housing Investment Comparison
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Housing Investment Comparison (SFCJ2-07.pdf)

532 KB白石憲一EN 16 pages
Owner-occupied housing investment in Japan and the US is compared. The share of imputed rents is higher in Japan, except for some years. Key factors include differences in household preferences and elasticity.
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