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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| Format: | Article |
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Wiley Blackwell
2018
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| Online Access: | http://hdl.handle.net/1721.1/114165 https://orcid.org/0000-0002-1528-8102 |
| _version_ | 1826212830286708736 |
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| author | Samphantharak, Krislert Schuh, Scott Townsend, Robert |
| author2 | Massachusetts Institute of Technology. Department of Economics |
| author_facet | Massachusetts Institute of Technology. Department of Economics Samphantharak, Krislert Schuh, Scott Townsend, Robert |
| author_sort | Samphantharak, Krislert |
| collection | MIT |
| description | 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) |
| first_indexed | 2024-09-23T15:38:35Z |
| format | Article |
| id | mit-1721.1/114165 |
| institution | Massachusetts Institute of Technology |
| last_indexed | 2024-09-23T15:38:35Z |
| publishDate | 2018 |
| publisher | Wiley Blackwell |
| record_format | dspace |
| spelling | mit-1721.1/1141652022-10-02T03:07:59Z INTEGRATED HOUSEHOLD SURVEYS: AN ASSESSMENT OF U.S. METHODS AND AN INNOVATION Samphantharak, Krislert Schuh, Scott Townsend, Robert Massachusetts Institute of Technology. Department of Economics Townsend, Robert 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) Eunice Kennedy Shriver National Institute of Child Health and Human Development (NICHD) (grant number R01 HD027638) Private Enterprise Development in Low-Income Countries (Centre for Economic Policy Research (CEPR) and the Department for International Development (DFID) (contract reference MRG002_1255)) John Templeton Foundation (grant number 12470) University of Chicago. Consortium on Financial Systems and Poverty (Bill & Melinda Gates Foundation (grant number 51935)) Thailand Research Fund Bank of Thailand 2018-03-15T18:30:26Z 2018-03-15T18:30:26Z 2017-10 2017-05 2018-03-01T16:59:41Z Article http://purl.org/eprint/type/JournalArticle 00952583 http://hdl.handle.net/1721.1/114165 Samphantharak, Krislert, Scott Schuh, and Robert M. Townsend. “INTEGRATED HOUSEHOLD SURVEYS: AN ASSESSMENT OF U.S. METHODS AND AN INNOVATION.” Economic Inquiry 56, no. 1 (October 12, 2017): 50–80. https://orcid.org/0000-0002-1528-8102 http://dx.doi.org/10.1111/ECIN.12489 Economic Inquiry Creative Commons Attribution-Noncommercial-Share Alike http://creativecommons.org/licenses/by-nc-sa/4.0/ application/pdf Wiley Blackwell SSRN |
| spellingShingle | Samphantharak, Krislert Schuh, Scott Townsend, Robert INTEGRATED HOUSEHOLD SURVEYS: AN ASSESSMENT OF U.S. METHODS AND AN INNOVATION |
| title | INTEGRATED HOUSEHOLD SURVEYS: AN ASSESSMENT OF U.S. METHODS AND AN INNOVATION |
| title_full | INTEGRATED HOUSEHOLD SURVEYS: AN ASSESSMENT OF U.S. METHODS AND AN INNOVATION |
| title_fullStr | INTEGRATED HOUSEHOLD SURVEYS: AN ASSESSMENT OF U.S. METHODS AND AN INNOVATION |
| title_full_unstemmed | INTEGRATED HOUSEHOLD SURVEYS: AN ASSESSMENT OF U.S. METHODS AND AN INNOVATION |
| title_short | INTEGRATED HOUSEHOLD SURVEYS: AN ASSESSMENT OF U.S. METHODS AND AN INNOVATION |
| title_sort | integrated household surveys an assessment of u s methods and an innovation |
| url | http://hdl.handle.net/1721.1/114165 https://orcid.org/0000-0002-1528-8102 |
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