• Title/Summary/Keyword: Charter and monthly price index

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A case study of small area estimation about charter and monthly rent price index (소지역모형 추정기법을 활용한 전·월세 추정)

  • Lee, Seung Soo;Park, Won Ran;Chung, Sung Suk
    • Journal of the Korean Data and Information Science Society
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    • v.28 no.2
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    • pp.327-337
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    • 2017
  • In this study we compared three models for small area estimation, Fay-Herriot, Hierarchical Bayses model and spatio-temporal model about charter, monthly rent price index. Charter, monthly rent price of Korea are important issue in these days. Because housing type rapidly changes from self to charter and monthly rent. The accuracy of the estimation was checked on four scales, that is ARB, ASRB, AAB, ASD. In this result, the spatio-temporal model among applied models has most optimal scales about small area estimation of charter and monthly rent index.