Beatty, Timothy K.M.; Larsen, Erling Røed; Sommervoll, … - In: Economics Letters 106 (2010) 3, pp. 238-240
Rental-equivalence is often used in computing price changes of owner-occupied housing in the CPI. We use an alternative approach, employing interest-adjusted house prices. For Norway 2000-2008 our method yielded a 30% CPI-increase, compared to the official 17%.
