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Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/43342
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | McCarthy, Colm | | en_US |
| dc.date.accessioned | | 2010-12-16T13:35:29Z | | - |
| dc.date.available | | 2010-12-16T13:35:29Z | | - |
| dc.date.issued | | 2007 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/43342 | | - |
| dc.description.abstract | | The treatment of owner-occupied housing costs is a recurring problem in the construction of consumer price indices, and there are competing methodologies. In the most widely-used Irish index, the Payments Approach, which attaches a weight to a term involving historical house prices and an interest rate, is used to measure these costs. It is argued that this has resulted in a substantial over-statement of inflation in recent quarters, and that the over-statement will continue for some time. The Irish version of Eurostat's Harmonised Index of Consumer Prices, recently running well below the CPI, is a more reliable guide. Few national statistical offices use the Payments Approach, and it is argued that the procedure used in Ireland should be reviewed. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | | | en_US |
| dc.relation.ispartofseries | | Working paper series // UCD Centre for Economic Research 2007/07 | | en_US |
| dc.subject.jel | | C43 | | en_US |
| dc.subject.jel | | C82 | | en_US |
| dc.subject.jel | | D12 | | en_US |
| dc.subject.jel | | E31 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Consumer Price Index | | en_US |
| dc.subject.keyword | | Cost of Living Index | | en_US |
| dc.subject.keyword | | Payment Approach | | en_US |
| dc.subject.keyword | | Owner-Occupied Housing | | en_US |
| dc.subject.stw | | Lebenshaltungsindex | | en_US |
| dc.subject.stw | | Wohneigentum | | en_US |
| dc.subject.stw | | Wohnkosten | | en_US |
| dc.subject.stw | | Schätzung | | en_US |
| dc.subject.stw | | Irland | | en_US |
| dc.title | | Owner-occupied housing costs and bias in the Irish consumer price index | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 550449442 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | Working Paper Series, UCD School of Economics, University College Dublin (UCD)
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