Households as Corporate Firms: An Analysis of Household Finance Using Integrated Household Surveys and Corporate Financial Accounting

ISBN-13: 9780521195829 / Angielski / Twarda / 2009 / 214 str.

Krislert Samphantharak; Robert M. Townsend

Opis

This investigation proposes a conceptual framework for measurement necessary for an analysis of household finance and economic development.

Recenzje

'A wealth of new insights is brought to thinking about the financial health of individuals and households. Ideas from financial economics are integrated with the economics of household behavior to develop a powerful framework for better understanding household decision-making and financial well-being. The framework also points to important ways to improve measurement in household surveys. A must-read for anyone interested in development.' Duncan Thomas, Duke University

Spis treści

Part I. Households as Corporate Firms: 1. Introduction; 2. Conceptual framework; Part II. Household Financial Accounting: 3. Household surveys; 4. Constructing household financial statements from a household survey; Part III. Household Finance: 5. Financial analysis; 6. An application: liquidity constraints, kinship networks, and the financing of household investment; 7. Discussion: measurement and modeling.