Household and SME Financial Surveys
       Household and SME Financial Surveys: The Townsend Thai project, Comparisons, and Ideas for the Next Generation of Integrated Surveys

报告人:Robert Townsend教授

地点:理科5号楼438教室(Room 438, No.5 Science Building)

        Abstract: In order to understand the financial lives of households and  SME businesses, we need extensive survey data. In recent years, a wide number of surveys have been initiated in countries across the world by a range of actors and for a variety of purposes. Some of these surveys focus on specific questions (for instance, consumer expenditures), while others are integrated, in the sense that they try to capture a wider range of information. Survey integration can take a number of forms, including integration along topics, frequencies, survey subjects, and secondary data sources. In this presentation, we argue that integrated surveys are very useful in many cases in order in order to understand the financial lives and situations of households and businesses  and more fully answer pertinent economic questions.  We first describe, and critique,  one key example of an integrated survey, the Townsend Thai Project, in order to demonstrate what an integrated survey is, how it is implemented, and why it is useful. We then  analyze several types of non-integrated surveys, including a detailed discussion of their advantages and potential improvements. The goal is to begin a discussion of possible  extensions of existing household and SME surveys in order to expand their usefulness for researchers and policymakers alike.

         Elizabeth & James Killian Professor of Economics,Department of Economics, MIT Robert M. Townsend is a theorist, macroeconomist, and development economist who analyzes the role and impact of economic organization and financial systems through applied general equilibrium models, contract theory and the use of micro data. The Elizabeth and James Killian Professor of Economics at MIT and a Research Professor at the University of Chicago, he is known for his seminal work on costly state verification, the revelation principle, optimal multi-period contracts, decentralization of economies with private information, models of money with spatially separated agents, forecasting the forecasts of others, and insurance and credit in developing countries.
最后更新时间:2014-10-13 04:24:05