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NATIONAL BUREAU OF ECONOMIC RESEARCH
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Panel Data Hedonics: Rosen's First Stage as a "Sufficient Statistic"

H. Spencer Banzhaf

NBER Working Paper No. 21485
Issued in August 2015, Revised in August 2019

---- Acknowledgments ----

I thank David Albouy, Olivier Beaumais, Kelly Bishop, Jared Carbone, Kerry Smith, Chris Timmins, 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 numerous seminar and conference participants. Finally, I thank Kelly Bishop and Chris Timmins for sharing the data used in Section 8. 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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