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A new consumer price index that incorporates housing
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
2012 (English)In: Journal of Economic and Social Measurement, ISSN 0747-9662, E-ISSN 1875-8932, Vol. 37, no 3, 177-195 p.Article in journal (Refereed) Published
Abstract [en]

A long lasting controversy in Sweden as well as internationally is how to best estimate a price on the services of owner occupied housing in a consumer price index. There is no international consensus and different approaches have been adopted. In this article we use a true cost-of-living index previously suggested by one of the authors, apply the model to Swedish data and compare the results to the official Swedish consumer price index. We find that the official index has underestimated changes in the cost-of-living and suggest a region in which a better approximation should lie.

Place, publisher, year, edition, pages
2012. Vol. 37, no 3, 177-195 p.
Keyword [en]
Compensation index, Cost-of-living index, D91, Price index, Price of housing services
National Category
Social Sciences
Identifiers
URN: urn:nbn:se:uu:diva-195196DOI: 10.3233/JEM-2012-0362OAI: oai:DiVA.org:uu-195196DiVA: diva2:607281
Available from: 2013-02-22 Created: 2013-02-21 Last updated: 2017-12-06Bibliographically approved

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Klevmarken, Anders

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