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Title: HOUSEHOLDS AS CORPORATE FIRMS
AN ANALYSIS OF HOUSEHOLD FINANCE USING INTEGRATED HOUSEHOLD SURVEYS AND CORPORATE FINANCIAL ACCOUNTING
By: Krislert Samphantharak, Robert M. Townsend
Format: Paperback

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ISBN 10: 0521124166
ISBN 13: 9780521124164
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Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 30 November, 2009
Series: Econometric Society Monographs 46
Pages: 214
Description: This investigation proposes a conceptual framework for measurement necessary for an analysis of household finance and economic development.
Synopsis: 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.
Illustrations: 2 b/w illus. 25 tables
Publication: UK
Imprint: Cambridge University Press
Returns: Returnable
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