Using house prices to compute the price of housing in the CPI
Rental-equivalence is often used in computing price changes of owner-occupied housing in the CPI. We use an alternative approach, employing interest-adjusted house prices. For Norway 2000-2008 our method yielded a 30% CPI-increase, compared to the official 17%.
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- repec:cup:cbooks:9780521296762 is not listed on IDEAS
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