Disentangling rent index differences: Data, methods, and scope (Record no. 527490)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01273nam a22001457a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 240902b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Adams, B. Loewenstein, L.Montag, H. and Verbrugge, R. |
| 245 ## - TITLE STATEMENT | |
| Title | Disentangling rent index differences: Data, methods, and scope |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | The American Economic Review: Insights |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 6(2), Jun, 2024: p.230-245 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | 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 rent inflation measures. 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, policy-makers should integrate new-tenant inflation into inflation forecasts and monetary policy decisions.- Reproduced https://www.aeaweb.org/articles?id=10.1257/aeri.20220685 |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | The American Economic Review: Insights |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) | |
| Subject DIP | MONETORY POLICY |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Item type | Articles |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent location | Current location | Date acquired | Serial Enumeration / chronology | Barcode | Date last seen | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Indian Institute of Public Administration | Indian Institute of Public Administration | 2024-09-02 | 6(2), Jun, 2024: p.230-245 | AR132931 | 2024-09-02 | Articles |