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Evaluating the Accuracy of Homeowners’ Self-Assessed Rent in Metropolitan Lima (英语)

Attributing a rental value to homeowners’ dwellings is essential in different contexts, including poverty and inequality analysis, the compilation of national accounts, consumer price indexes, and estimation of purchasing power parity indexes. The solution is often to use homeowners’ estimates of the market rent they would pay for their dwelling if they were renting it, which is usually referred to as homeowners’ self-assessed rent. Lack of alternative...
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