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Until the end of 1977, the U.S. consumer price index for rents tended to omit rent increases when units had a change of … consequences for historical measures of rent-house-price ratios and for the growth of real consumption. …
Persistent link: https://www.econbiz.de/10005387514
Until the end of 1977, the U.S. consumer price index for rents tended to omit rent increases when units had a change of … consequences for historical measures of rent-house-price ratios and for the growth of real consumption. (Revision forthcoming in …
Persistent link: https://www.econbiz.de/10005389710
Persistent link: https://www.econbiz.de/10005717301
Until the end of 1977, the method used to measure changes in rent of primary residence in the U.S. consumer price index … from 1940 to 1977 the CPI for rent would have been about 60 percent higher if current BLS practices had been used – between …
Persistent link: https://www.econbiz.de/10005717329
Until the end of 1977, the method used in the U.S. consumer price index (CPI) to measure rent inflation tended to omit … rent increases when units had a change of tenants or were vacant. Since such units typically had more rapid increases in … that from 1940 to 1985 the CPI inflation rate for rent most likely was understated by 1.4 percentage points annually in U …
Persistent link: https://www.econbiz.de/10005717412
The Federal Housing Administration (FHA), an agency within the Department of Housing and Urban Development (HUD), insures mortgage loans made by private lenders. All FHA-insured borrowers pay mortgage insurance as one of the terms of their mortgage loan, and this insurance protects the lender...
Persistent link: https://www.econbiz.de/10009131475
The Federal Housing Administration (FHA), an agency within the Department of Housing and Urban Development (HUD), insures mortgage loans made by private lenders. All FHA-insured borrowers pay mortgage insurance as one of the terms of their mortgage loan, and this insurance protects the lender...
Persistent link: https://www.econbiz.de/10010723027
The authors document that the U.S. non-financial corporate sector became a net lender in the 2000s, using aggregate and firm-level data. They develop a structural model with investment, debt, and equity. Debt is fiscally advantageous but subject to a no-default borrowing constraint. Equity...
Persistent link: https://www.econbiz.de/10009395277
This paper quantitatively investigates the optimal capital income taxation in the general equilibrium overlapping …
Persistent link: https://www.econbiz.de/10008486843
This paper examines the role of U.S. housing-related tax expenditures in creating incentives for decentralization and encouraging residential sorting by income and central city decline. Tax expenditures associated with the deductibility of mortgage interest and property taxes make housing less...
Persistent link: https://www.econbiz.de/10005512268