Introduction to price and productivity measurement for housing
AbstractThis paper provides a brief introduction to a proposed new opportunity cost treatment of owner-occupied housing in measures of inflation for the United States. In addition, the paper introduces, and provides links to, a collection of nine other papers that discuss various aspects of the treatment of owner-occupied housing in measures of inflation for a number of nations, including Canada, Germany, Iceland, and the United States.
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Bibliographic InfoPaper provided by Federal Reserve Bank of Philadelphia in its series Working Papers with number 09-5.
Date of creation: 2009
Date of revision:
Other versions of this item:
- Balk, Bert M. & Diewert, Erwin & Nakamura, Alice O., 2009. "Introduction to Price and Productivity Measurement for Housing," UBC Departmental Archives erwin_diewert-2009-18, UBC Department of Economics, revised 12 Mar 2009.
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Longitudinal Data; Spatial Time Series
- C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
- C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-04-05 (All new papers)
- NEP-EFF-2009-04-05 (Efficiency & Productivity)
- NEP-URE-2009-04-05 (Urban & Real Estate Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Randal Verbrugge, 2008.
"The Puzzling Divergence Of Rents And User Costs, 1980-2004,"
Review of Income and Wealth,
International Association for Research in Income and Wealth, vol. 54(4), pages 671-699, December.
- Randal Verbrugge, 2009. "The Puzzling Divergence of Rents and User Costs, 1980-2004," Working Papers 422, U.S. Bureau of Labor Statistics.
- Theodore M. Crone & Leonard I. Nakamura & Richard P. Voith, 2004. "Hedonic estimates of the cost of housing services: rental and owner-occupied units," Working Papers 04-22, Federal Reserve Bank of Philadelphia.
- W. Erwin Diewert & Alice O. Nakamura, 2009.
"Accounting for housing in a CPI,"
09-4, Federal Reserve Bank of Philadelphia.
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