The Owner-Premium Adjustment in Housing Imputations (PDF)

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.


Bettina H. Aten and Alan Heston

JEL Code(s) R31 Published