Owner-Occupied Housing, the Cpi, and Indexing
Marilyn R. Flowers
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Marilyn R. Flowers: University of Oklahoma
Public Finance Review, 1985, vol. 13, issue 1, 74-80
Abstract:
The Consumer Price Index is widely used as a basis for adjusting money incomes in both the private and the public sector. Problems in measuring the cost of owner-occupied housing have contributed to serious deficiences in the accuracy of the CPI's measurement of price level change. A shift to imputed rental value has improved the measure but still ignores a serious conceptual issue. The problem is examined in this article.
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:sae:pubfin:v:13:y:1985:i:1:p:74-80
DOI: 10.1177/109114218501300105
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