The Owner-Premium Adjustment in Housing Imputations
Bettina Aten and
Alan Heston
BEA Working Papers from Bureau of Economic Analysis
Abstract:
This paper describes and alternative to the rental equivalence and the user cost approaches for imputing consumer expenditures on owner-occupied housing services. The alternative uses the estimated value of the dwelling relative to the median value of similar homes as an adjustment to the rental equivalence method.
JEL-codes: R31 (search for similar items in EconPapers)
Date: 2020-05
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Persistent link: https://EconPapers.repec.org/RePEc:bea:wpaper:0177
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