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Measuring change in the price of housing is an important and notoriously difficult task for national statistical agencies. Different approaches have been attempted, but suffer from known weaknesses. This article suggests dividing housing outlays into consumption and saving. The changes in prices...
Persistent link: https://www.econbiz.de/10004980540
This paper considers statistical discrimination in rental markets, using a rich data set on rental contracts from Norway. We find that tenants born abroad pay a statistically significant and economically important premium for their dwelling units after controlling for a comprehensive set of...
Persistent link: https://www.econbiz.de/10004980723
This article uses the Case-Shiller technique for constructing housing price indices on a Norwegian data set of transactions for the period 1991-2002 consisting of 10 376 pairs of repeated sales. Using a weighted least squares scheme in order to control for heteroskedasticity, we construct a...
Persistent link: https://www.econbiz.de/10004980564
Owner-occupied housing services and rented housing services are often considered close substitutes, and both house price and rental price indices rely on regressions based on dwelling and location characteristics. However, while such characteristics are exhaustive in the owner's market, they...
Persistent link: https://www.econbiz.de/10004980656
Measuring change in the price of housing is an important and notoriously difficult task for national statistical agencies. Different approaches have been attempted, but suffer from known weaknesses. This article suggests dividing housing outlays into consumption and saving. The changes in prices...
Persistent link: https://www.econbiz.de/10011968197
This paper investigates household purchasing behavior in response to differing alcohol and tobacco taxes near an international border. Our study suggests that large tax differentials near borders induce economically important tax avoidance behavior that may limit a government's ability to raise...
Persistent link: https://www.econbiz.de/10011968277
Persistent link: https://www.econbiz.de/10008382199
This paper investigates household purchasing behavior in response to differing alcohol and tobacco taxes near an international border. Our study suggests that large tax differentials near borders induce economically important tax avoidance behavior, which may limit a government's ability to...
Persistent link: https://www.econbiz.de/10008521203
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%.
Persistent link: https://www.econbiz.de/10008551325
Persistent link: https://www.econbiz.de/10003825881