INTEGRATED HOUSEHOLD SURVEYS: AN ASSESSMENT OF U.S. METHODS AND AN INNOVATION.

We present a vision for improving household financial surveys by integrating responses from questionnaires more completely with financial statements and combining them with payments data from diaries. Integrated household financial accounts-balance sheet, income statement, and statement of cash flow...

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Publicado en:Economic Inquiry Vol. 56; no. 1; pp. 50 - 81
Autores principales: Samphantharak, Krislert, Schuh, Scott, Townsend, Robert M.
Formato: Artículo
Publicado: Wiley-Blackwell Jan2018
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: INTEGRATED HOUSEHOLD SURVEYS: AN ASSESSMENT OF U.S. METHODS AND AN INNOVATION.
      aug:
        au:
          Samphantharak, Krislert
          Schuh, Scott
          Townsend, Robert M.
        affil:
          Associate Professor, Department of Economics, University of California San Diego, La Jolla, CA 92093‐0519.
          Director, Research Department, Federal Reserve Bank of Boston, Boston, MA, 01887.
          Elizabeth & James Killian Professor, Department of Economics, Massachusetts Institute of Technology, Cambridge, MA 02142‐1347
      su:
        United States
        Household budgets
        Household surveys
        Households
        Cash flow
        Payment systems
      sug:
        subj:
          Household budgets
          Household surveys
          Households
          United States
          Private Households
          Financial Transactions Processing, Reserve, and Clearinghouse Activities
          Cash flow
          Payment systems
      ab: We present a vision for improving household financial surveys by integrating responses from questionnaires more completely with financial statements and combining them with payments data from diaries. Integrated household financial accounts-balance sheet, income statement, and statement of cash flows-are used to assess the degree of integration in leading U.S. household surveys, focusing on inconsistencies in measures of the change in cash. Diaries of consumer payment choice can improve dynamic integration. Using payments data, we construct a statement of liquidity flows: a detailed analysis of currency, checking accounts, prepaid cards, credit cards, and other payment instruments, consistent with conventional cash flow measures and the other financial accounts. ( JEL D12, D14, E41, E42)
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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