Abstract
Eugene F. Brown (1995) "Sampling
Weights For The Housing Sample Of The Consumer Price Index",
Proceedings of the Section on Government Statistics, American
Statistical Association.
The Consumer Price Index (CPI) is a measure of the average
change in the prices paid by urban consumers for a market
basket of goods and services across the United States.
Currently, the housing sample is used in pricing both
residential rent and owners' equivalent rent which together
make up the largest component of the CPI, 5.8% and 19.3%,
respectively. For the 1998 revision, a new system of using
expenditure weights based on average rental values and
imputed owners' average rental values at the Census block
level will be used for the basic weights of each group of
blocks (referred to as segments). In the past, only the
number of housing units was used for the weight of each
segment. In addition, a new scheme of weighting renters to
determine owners' equivalent rent will also be discussed.
Last Modified Date: July 19, 2008
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