IDEAS home Printed from https://ideas.repec.org/a/mul/je8794/doi10.1429-103707y2021i3p373-388.html
   My bibliography  Save this article

Including the owner-occupied housing costs in the EU's consumer price index: some technical and policy remarks

Author

Listed:
  • Luigi Bonatti
  • Andrea Fracasso

Abstract

We discuss the full inclusion of the owner-occupied housing costs (OOHCs) in the EU’s harmonised index of consumer prices (HICP). We briefly review the main methods used for including these costs into consumer price indices, and in particular the reasons why the EU authorities prefer to adopt the net acquisitions approach rather than the rent equivalence approach, as other major countries did. We also argue that in the current scenario an acceleration of the EU’s roadmap towards a full inclusion of OOHCs in the HICP would be desirable.

Suggested Citation

  • Luigi Bonatti & Andrea Fracasso, 2021. "Including the owner-occupied housing costs in the EU's consumer price index: some technical and policy remarks," Politica economica, Società editrice il Mulino, issue 3, pages 373-388.
  • Handle: RePEc:mul:je8794:doi:10.1429/103707:y:2021:i:3:p:373-388
    as

    Download full text from publisher

    File URL: https://www.rivisteweb.it/download/article/10.1429/103707
    Download Restriction: Access to full text is restricted to subscribers

    File URL: https://www.rivisteweb.it/doi/10.1429/103707
    Download Restriction: no
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mul:je8794:doi:10.1429/103707:y:2021:i:3:p:373-388. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://www.rivisteweb.it/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.