A Century of Housing Shelter Prices: Is There a Downward Bias in the CPI?
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Tenant rental shelter is by far the most important component of the CPI, because it is used as a proxy for owner-occupied housing. This paper develops a wide variety of current and historical evidence dating back to 1914 to demonstrate that the CPI rent index is biased downward for all of the last
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美国国家经济研究局创建时间：
2005-11-01
