Integrated household surveys: An assessment of U.S. methods and an innovation

Arbeitspapier

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-flows measures and the other financial accounts.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Working Papers ; No. 17-7

Classification and Topics

• Classification: Wirtschaft ; Consumer Economics: Empirical Analysis ; Household Saving; Personal Finance ; Demand for Money ; Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems
• Subject: Surveys ; diaries ; payments ; financial statements ; cash flows

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Samphantharak, Krislert ; Schuh, Scott ; Townsend, Robert M.
• Event: Veröffentlichung
• (who): Federal Reserve Bank of Boston
• (where): Boston, MA
• (when): 2017

Further information

• Handle: http://hdl.handle.net/10419/202906
• Last update: 10.03.2025, 11:41 AM CET