Households as corporate firms : an analysis of household finance using integrated household surveys and corporate financial accounting / Krislert Samphantharak, Robert M. Townsend.

Format:

Book

Author/Creator:

Krislert Samphantharak, author.

Townsend, Robert M., 1948- author.

Series:

Econometric Society monographs ; 46.

Econometric Society monographs ; 46

Language:

English

Subjects (All):

Households--Economic aspects.

Households.

Household surveys--Accounting.

Household surveys.

Physical Description:

1 online resource (xii, 199 pages) : digital, PDF file(s).

Place of Publication:

Cambridge : Cambridge University Press, 2010.

Language Note:

English

Summary:

This investigation proposes a conceptual framework for measurement necessary for an analysis of household finance and economic development. The authors build on and, where appropriate, modify corporate financial accounts to create balance sheets, income statements, and statements of cash flows for households in developing countries, using an integrated household survey. The authors also illustrate how to apply the accounts to an analysis of household finance that includes productivity of household enterprises, capital structure, liquidity, financing, and portfolio management. The conceptualization of this analysis has important implications for measurement, questionnaire design, the modeling of household decisions, and the analysis of panel data.

Contents:

Introduction

Conceptual framework

Household surveys

Constructing household financial statements from a household survey

Financial analysis

An application: liquidity constraints, kinship networks, and the financing of household investment

Discussion: measurement and modeling.

Notes:

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Includes bibliographical references and index.

ISBN:

0-511-84772-6

1-316-08669-0

0-511-80821-6

1-282-48666-7

9786612486661

0-511-67408-2

0-511-67527-5

0-511-67202-0

0-511-67074-5

0-511-67329-9

OCLC:

609856518