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Journal Article
The formula
Working Paper
Introduction to price and productivity measurement for housing
This paper provides a brief introduction to a proposed new opportunity cost treatment of owner-occupied housing in measures of inflation for the United States. In addition, the paper introduces, and provides links to, a collection of nine other papers that discuss various aspects of the treatment of owner-occupied housing in measures of inflation for a number of nations, including Canada, Germany, Iceland, and the United States.
Journal Article
Un-COLA?
Working Paper
Evaluating the Effects of Geographic Adjustments on Poverty Measures Using Self-Reported Financial Well-Being Scores
A central aspect of poverty measurement is how well the measure can identify the people and places that are experiencing financial hardships. This paper explores the relationship between poverty financial hardship by using the CFPB's financial well-being scale, which reflects individuals' self-assessments of their financial challenges. Using this measure, for every 1 percentage point increase in a state's official poverty rate for working-age adults, there is a 0.59 percentage point increase in the share of working-age adults with very low financial well-being. In contrast, the state's ...