Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/18255
Authors: 
Frick, Joachim R.
Grabka, Markus M.
Year of Publication: 
2002
Series/Report no.: 
DIW Discussion Papers 271
Abstract: 
This article deals with income advantages derived from owner occupied housing (Imputed Rent, IR) and their impact on the personal income distribution. Following a brief description of different methods with which to calculate IR in household surveys, we conduct a cross-national comparative study based on micro-data from the British Household Panel Study (BHPS), the German Socio-Economic Panel (SOEP), and the US Panel Study of Income Dynamics (PSID). We find distinct differences between the Anglo-Saxon countries and Germany in terms of prevalence and extent of IR as well as in terms of the impact on the overall income distribution. In all three countries, however, using IR in measures of old age provision improves the quality of economic well-being assessment for the elderly.
Subjects: 
Personal Income Distribution
Owner Occupied Housing
Imputed Rent
Old Age Provision
Document Type: 
Working Paper

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