Search Results

SORT BY: PREVIOUS / NEXT
Keywords:average rent growth 

Working Paper
Disentangling rent index differences: data, methods, and scope

Rent measurement determines 32 percent of the CPI. Accurate rent measurement is therefore essential for accurate inflation measurement, but the CPI rent index often differs from alternative measures of rent inflation. Using repeat-rent inflation measures created from CPI microdata, we show that this discrepancy is largely explained by differences in rent growth for new tenants relative to all tenants. New-tenant rent inflation provides information about future all-tenant rent inflation, but the use of new-tenant rents is contraindicated in a cost-of-living index such as the CPI. Nevertheless, ...
Working Papers , Paper 22-38R

FILTER BY Bank

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

E27 1 items

E31 1 items

E37 1 items

H31 1 items

FILTER BY Keywords

PREVIOUS / NEXT