Executive Summary Introduction The Consumer Price Index (CPI) is a measure of the change in prices in a typical consumers basket. The elderly tend to consume a different bundle of goods compared to the typical consumer. The Bureau of Labor Statistics (BLS) has introduced an experimental CPI, labeled CPI-E, to determine the relative importance of bundles for … Continue reading
The nation undoubtedly faces an affordable housing problem, one that can be understood through the economic lens of housing supply-and-demand. Since the Great Recession, mortgage rates have remained low but at the expense of overall housing costs, with prices of the average American home soaring to $316,000 in June of 2019. A study by Freddie Mac attributes the rise … Continue reading
Policy Interns 