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Panel Data Hedonics: Rosen's First Stage and Difference-in-Differences as "Sufficient Statistics"

H. Spencer Banzhaf

NBER Working Paper No. 21485
Issued in August 2015

---- Acknowledgments ----

I thank David Albouy, Olivier Beaumais, Jared Carbone, Kerry Smith, Reed Walker and Jeffrey Zabel for helpful comments and suggestions on previous drafts. I am especially grateful to Paul Ferraro and Nick Kuminoff for very detailed comments and discussions. I also thank seminar participants at the Univ. of Illinois, Univ. of South Carolina, and Yale Univ. and participants at an Urban Economics Association session at the 2013 NARSC meetings (Atlanta, GA), the 2013 Na-tional Tax Association meetings (Tampa, FL), the 2014 Workshop on Nonmarket Valuation (Aix-en-Provence, France), and the 2015 NBER Summer Institute. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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