RDP 2014-09: Predicting Dwelling Prices with Consideration of the Sales Mechanism
Equation (4)
Δ
a
t
=
μ
a
+
α
a
(
a
t
−
1
−
β
p
t
−
1
)
+
∑
j
=
1
J
Γ
j
a
a
Δ
a
t
−
j
+
∑
j
=
1
J
Γ
j
a
p
Δ
p
t
−
j
+
ε
t
a
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