Towards an Applicable True Cost-of-Living Index that Incorporates Housing

N. Anders Klevmarken

No 2004:18, Working Paper Series from Uppsala University, Department of Economics

Abstract: A dynamic model of consumer behavior that incorporates the demand for housing is specified such that it is consistent with the general purpose of a consumer price index. From this model a true cost-of-living index that includes housing is derived. Being an ideal index it cannot be computed without imposing additional assumptions about the behavior of the consumer, but it is possible to draw conclusions about the prices and weights that should be used in conventional approximations to such an ideal index.

Keywords: True cost-of-living index; compensation index; price index of housing (search for similar items in EconPapers)
JEL-codes: C43 D91 (search for similar items in EconPapers)
Pages: 8 pages
Date: 2004-11-05
New Economics Papers: this item is included in nep-ure
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.nek.uu.se/pdf/wp2004_18.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.nek.uu.se/pdf/wp2004_18.pdf [301 Moved Permanently]--> https://www.nek.uu.se/pdf/wp2004_18.pdf [301 Moved Permanently]--> https://www.uu.se/institution/nationalekonomiska/pdf/wp2004_18.pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hhs:uunewp:2004_018

Access Statistics for this paper

More papers in Working Paper Series from Uppsala University, Department of Economics Department of Economics, Uppsala University, P. O. Box 513, SE-751 20 Uppsala, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Ulrika Öjdeby (ulrika.ojdeby@nek.uu.se).