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HomeIncluding owner-occupied housing costs in the HICP
Some technical and policy remarks : monetary dialogue papers : November 2021
Metadatos de publicación
We discuss the full inclusion of the owner-occupied housing costs (OOHCs) in the EU's harmonised index of consumer prices (HICP). We briefly review the main methods used for including these costs into consumer price indices, and in particular the reasons why the EU authorities prefer to adopt the net acquisitions approach rather than the rent equivalence approach, as other major countries did. We also argue that in the current scenario an acceleration of the EU's roadmap towards a full inclusion of OOHCs in the HICP would be desirable. This paper was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 15 November 2021.
- Publicado:
- Autor(es) colectivo(s): Dirección General de Políticas Interiores de la Unión (Parlamento Europeo)
- Тemas: Economía — Finanzas
- Tema: armonización de precios , arrendamiento inmobiliario , Banco Central Europeo , coste de la vida , inflación , política de la vivienda , política monetaria , precio al consumidor , vivienda , índice de precios
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| ISSN | ISBN 978-92-846-8684-1 | DOI 10.2861/577102 | Número de catálogo QA-01-21-383-EN-N |
- Released on EU publications website:
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