Arbeitspapier

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 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.

Language
Englisch

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

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

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

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Samphantharak, Krislert
  • Schuh, Scott
  • Townsend, Robert M.
  • Federal Reserve Bank of Boston

Time of origin

  • 2017

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