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Gabriel M, Ahlfeldt ; Nicolai, Wendland ; Gabriel, Ahlfeldt ; Volker, Nitsch ; Volker, Nitsch. (2019) Ease versus noise: long-run changes in the value of transport (dis)amenities.
In: CEP Discussion Papers. RePEc:cep:cepdps:dp1631.

Full description at Econpapers

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For instance, in the final column, we add lagged land prices (1890 and 1896) to control for the effect of unobserved characteristics on land prices in levels and trends. These extensions moderately increase the magnitude of the estimated noise effect.

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