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Owner-Occupied Housing, the Cpi, and Indexing

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  • Marilyn R. Flowers

    (University of Oklahoma)

Abstract

The Consumer Price Index is widely used as a basis for adjusting money incomes in both the private and the public sector. Problems in measuring the cost of owner-occupied housing have contributed to serious deficiences in the accuracy of the CPI's measurement of price level change. A shift to imputed rental value has improved the measure but still ignores a serious conceptual issue. The problem is examined in this article.

Suggested Citation

  • Marilyn R. Flowers, 1985. "Owner-Occupied Housing, the Cpi, and Indexing," Public Finance Review, , vol. 13(1), pages 74-80, January.
    • Handle: RePEc:sae:pubfin:v:13:y:1985:i:1:p:74-80
    DOI: 10.1177/109114218501300105
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    Cited by:

    1. Anthony J. Barkume, 1996. "A Note On Escalation Requirements, Cost-of-Living Comparisons, and Homeownership Costs," Public Finance Review, , vol. 24(1), pages 75-87, January.

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