Compiling Representative Macroeconomic Statistics Using Objectified Housing Sales and Rent Prices in Household Surveys

M. Denisa Naidin
Luxembourg Institute of Socio-Economic Research (LISER) & University of Luxembourg

Sofie R. Waltl
Luxembourg Institute of Socio-Economic Research (LISER) & Vienna University of Economics and Business (WU)

Michael H. Ziegelmeyer
Banque centrale du Luxembourg (BCL) & Munich Center for the Economics of Aging (MEA)



JEL Codes: E58; G51; R21; R31.
Keywords: Macroeconomic Statistics; Housing and Rent Markets; Household Surveys; Affordability; Housing Wealth; Price-to-Rent Ratios; Price-to-Income Ratios.

This research benefits from funding by the FNR Luxembourg National Research Fund, CORE Grant No. 3886 (ASSESS). This article uses data from the Luxembourg L’Observatoire de l’Habitat and the Luxembourg Household Finance and Consumption Survey. The views expressed are solely those of the authors and may not be shared by the data providers nor the BCL or the Eurosystem.


Presentations (incl. scheduled): [National Bank of Slovakia Research Webinar][2021 Economic Statistics Centre of Excellence (ESCoE) Conference on Economic Measurement][European Central Bank (DG Statistics)][Banque centrale du Luxembourg][2022 ASSA Virtual Annual Meeting]