On December 12, 2019, Fed in Print will introduce its new platform for discovering content. Please direct your questions to Anna Oates

Home About Latest Browse RSS Advanced Search

Federal Reserve Bank of Boston
Working Papers
Integrated household surveys: an assessment of U.S. methods and an innovation
Krislert Samphantharak
Scott Schuh
Robert M. Townsend
Abstract

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.


Download Summary
Download Full text
Cite this item
Krislert Samphantharak & Scott Schuh & Robert M. Townsend, Integrated household surveys: an assessment of U.S. methods and an innovation, Federal Reserve Bank of Boston, Working Papers 17-7, 22 May 2017.
More from this series
JEL Classification:
Subject headings:
Keywords: surveys; diaries; payments; financial statements; cash flows
For corrections, contact Catherine Spozio ()
Fed-in-Print is the central catalog of publications within the Federal Reserve System. It is managed and hosted by the Economic Research Division, Federal Reserve Bank of St. Louis.

Privacy Legal