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Housing, Imputed Rent, and Households' Welfare (English)

Housing is the largest durable good consumed by households. As such, any consumption-based measure of welfare, to be comprehensive, must include the value of the flow of services households derive from their dwellings, the so-called imputed rent. However, estimating imputed rents is a daunting task, which researchers and practitioners tend to overlook. This paper is the first attempt to assess the distributional impact of including housing in the...
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Citation

Ceriani,Lidia; Olivieri,Sergio Daniel; Ranzani,Marco.

Housing, Imputed Rent, and Households' Welfare (English). Policy Research working paper|no. WPS 8955 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/544041565094894609

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