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- Articles and reports: 12-001-X20070019851Description:
To model economic depreciation, a database is used that contains information on assets discarded by companies. The acquisition and resale prices are known along with the length of use of these assets. However, the assets for which prices are known are only those that were involved in a transaction. While an asset depreciates on a continuous basis during its service life, the value of the asset is only known when there has been a transaction. This article proposes an ex post weighting to offset the effect of source of error in building econometric models.
Release date: 2007-06-28 - Articles and reports: 12-001-X20000025535Description:
The U.S. Census Bureau publishes estimates of medians for several characteristics of new houses, with a key estimate being sales price of sold houses. These estimates are calculated from data acquired from interviews of home builders by the Survey of Construction (SOC). The SOC is a multi-stage probability survey whose sample design is well suited to the modified half-sample replication (MHS) method of variance estimation.
Release date: 2001-02-28
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- Articles and reports: 12-001-X20070019851Description:
To model economic depreciation, a database is used that contains information on assets discarded by companies. The acquisition and resale prices are known along with the length of use of these assets. However, the assets for which prices are known are only those that were involved in a transaction. While an asset depreciates on a continuous basis during its service life, the value of the asset is only known when there has been a transaction. This article proposes an ex post weighting to offset the effect of source of error in building econometric models.
Release date: 2007-06-28 - Articles and reports: 12-001-X20000025535Description:
The U.S. Census Bureau publishes estimates of medians for several characteristics of new houses, with a key estimate being sales price of sold houses. These estimates are calculated from data acquired from interviews of home builders by the Survey of Construction (SOC). The SOC is a multi-stage probability survey whose sample design is well suited to the modified half-sample replication (MHS) method of variance estimation.
Release date: 2001-02-28
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