Measuring housing services inflation

Theodore M. Crone, Leonard Nakamura and Richard Voith

No 98-21, Working Papers from Federal Reserve Bank of Philadelphia

Abstract: Recent papers have questioned the accuracy of the Bureau of Labor Statistics? methodology for measuring implicit rents for owner-occupied housing. We propose cross-checking the BLS statistics by using data on owner-occupied and rental housing from the American Housing Survey.

Pages: 36 pages
Date: 1998-11-01
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Working Paper: Measuring housing services inflation (1999)
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