The housing price index was developed by:

A) Friedman and Phelps.
B) Case and Schiller.
C) Pindyck and Rubinfeld.
D) Greenspan and Bernanke.

Housing Price Index

A statistical measure designed to reflect the price changes of residential housing.

Case And Schiller

Researchers known for their work in analyzing home prices that led to the development of the S&P/Case-Shiller Home Price Indices.

Greenspan And Bernanke

Alan Greenspan and Ben Bernanke, both of whom served as Chairmen of the Federal Reserve, driving significant monetary policy decisions in the United States.