000 07655nam a2201237 4500
001 9780691258041
003 DE-B1597
005 20260416115149.0
006 m|||||o||d||||||||
007 cr || ||||||||
008 260303s2024 nju fo d z eng d
020 _a9780691258041
024 7 _a10.1515/9780691258041
_2doi
035 _a(DE-B1597)BR1302015
035 _z(OCoLC)1430659502
040 _aDE-B1597
_beng
_cDE-B1597
_erda
041 0 _aeng
044 _anju
_cUS-NJ
072 7 _aBUS
_x069030
_2bisacsh
072 7 _aPOL
_x024000
_2bisacsh
072 7 _aBUS
_x027000
_2bisacsh
100 1 _aPaweenawat, Archawa,
_eauthor.
_4aut
_4http://id.loc.gov/vocabulary/relators/aut
245 0 0 _aInequality and Globalization :
_bImproving Measurement through Integrated Financial Accounts /
_cArchawa Paweenawat, Robert M. Townsend.
264 1 _aPrinceton, NJ
_bPrinceton University Press,
_c[2024]
264 4 _c©2024
300 _a1 online resource
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 0 _tFrontmatter --
_tcontents --
_tIllustrations --
_tAcknowledgments --
_t1 Introduction --
_t2 Townsend Thai Surveys and Financial Accounts --
_t3 Constructing Community-Level Economic Accounts --
_t4 A Model Economy for the Thai Data --
_t5 Taking Integrated Financial Accounts to the U.S. --
_t6 U.S. Integrated Macro Accounts --
_t7 Construction of Disaggregated Integrated Accounts for the U.S. --
_tAppendix --
_tReferences --
_tIndex --
_tThe Gorman Lectur es in Economics
_r / Richard Blundell --
_tBiography --
_tA NOTE ON THE TYPE
506 0 _arestricted access
_uhttp://purl.org/coar/access_right/c_16ec
_fonline access with authorization
_2star
520 _aA remedy for the gap between micro and macro data, making measures of inequality and national income consistent with each otherIncreasing inequality, the impact of globalization, and the disparate effects of financial regulation and innovation are extraordinarily important topics that fuel spirited policy debates. And yet the facts underlying these debates are of doubtful accuracy. In reality, as Archawa Paweenawat and Robert Townsend show in Inequality and Globalization, there is a large gap between micro household surveys, which measure key outcomes such as inequality, and aggregated financial accounts, which measure macroeconomic totals and growth. Paweenawat and Townsend propose a remedy: integrated financial accounts, in which the flows in income statements, including saving and investment, are consistent with the changes in financial assets and liabilities in the balance sheet at micro and macro levels. None of the leading US micro household surveys or macro accounts meets this criterion.Drawing on extensive data from fieldwork in Thailand, Paweenawat and Townsend show how consistent integrated financial accounts at the individual household and small enterprise level can be created using household and firm survey data. Aggregated to the village level, these accounts can link anecdotal stories of individual households to their financial accounts, document the real impact on them from growth, and assess what would have happened to them if trade and financial liberalization had not been allowed. Paweenawat and Townsend then describe the next logical step: creating integrated financial accounts for the United States, working from the ground up and the top down. Only with these integrated accounts will policy debates on inequality and globalization have a solid factual basis.
538 _aMode of access: Internet via World Wide Web.
545 _aArchawa Paweenawat, a development economist, is Head of Business Research of the Puey Ungphakorn Institute for Economic Research at the Bank of Thailand. Robert M. Townsend is the Elizabeth and James Killian Professor of Economics at the Massachusetts Institute of Technology. He is the author of Distributed Ledgers: Design and Regulation of Financial Infrastructure and Payment Systems, Chronicles from the Field: The Townsend Thai Project, Households as Corporate Firms: An Analysis of Household Finance Using Integrated Household Surveys and Corporate Financial Accounting.
546 _aIn English.
588 0 _aDescription based on online resource; title from PDF title page (publisher's Web site, viewed March 03 2026)
650 7 _aBUSINESS & ECONOMICS / Economics / Theory.
_2bisacsh
650 7 _aPOLITICAL SCIENCE / Public Policy / Economic Policy.
_2bisacsh
650 7 _aBUSINESS & ECONOMICS / Finance / General.
_2bisacsh
653 0 _avillage economy
653 0 _aregional economy
653 0 _atrade policy
653 0 _atrade liberalization
653 0 _afinancial liberalization
653 0 _ahousehold accounts
653 0 _anational accounts
653 0 _aeconomic transition
653 0 _ainequality
653 0 _aInequality and Globalization: Improving Measurement through Integrated Financial Accounts
653 0 _aRobert M. Townsend and Archawa Paweenawat
653 0 _aBuriram
653 0 _aChachoengsao
653 0 _aDCPC
653 0 _aDiary of Consumer Payment Choice
653 0 _aeconomic model for Thai
653 0 _ahousehold financial statements
653 0 _aIntegrated Macro Accounts
653 0 _aIMAs
653 0 _aLopburi
653 0 _aSCF
653 0 _aSurvey of Consumer Finances
653 0 _aThailand
653 0 _aThai national economy
653 0 _aTownsend Thai data
653 0 _aU.S. household surveys
653 0 _anational income
653 0 _avillage economy
653 0 _aregional economy
653 0 _atrade policy
653 0 _atrade liberalization
653 0 _afinancial liberalization
653 0 _ahousehold accounts
653 0 _anational accounts
653 0 _aeconomic transition
653 0 _ainequality
653 0 _aInequality and Globalization: Improving Measurement through Integrated Financial Accounts
653 0 _aRobert M. Townsend and Archawa Paweenawat
653 0 _aBuriram
653 0 _aChachoengsao
653 0 _aDCPC
653 0 _aDiary of Consumer Payment Choice
653 0 _aeconomic model for Thai
653 0 _ahousehold financial statements
653 0 _aIntegrated Macro Accounts
653 0 _aIMAs
653 0 _aLopburi
653 0 _aSCF
653 0 _aSurvey of Consumer Finances
653 0 _aThailand
653 0 _aThai national economy
653 0 _aTownsend Thai data
653 0 _aU.S. household surveys
653 0 _anational income
700 1 _aTownsend, Robert M.,
_eauthor.
_4aut
_4http://id.loc.gov/vocabulary/relators/aut
773 0 8 _iTitle is part of eBook package:
_dDe Gruyter
_tEBOOK PACKAGE Business and Economics 2024
_z9783111513232
_o978-3-11-151323-2 EBOOK PACKAGE Business and Economics 2024
773 0 8 _iTitle is part of eBook package:
_dDe Gruyter
_tEBOOK PACKAGE Business and Economics 2024 ENG
_z9783111513270
_o978-3-11-151327-0 EBOOK PACKAGE Business and Economics 2024 ENG
773 0 8 _iTitle is part of eBook package:
_dDe Gruyter
_tPrinceton University Press Complete eBook-Package 2024
_z9783110749755
_oZDB-23-9
856 4 0 _uhttps://www.degruyterbrill.com/isbn/9780691258041
856 4 2 _3Cover
_uhttps://www.degruyterbrill.com/document/cover/isbn/9780691258041/original
912 _a978-3-11-151323-2 EBOOK PACKAGE Business and Economics 2024
_b2024
912 _a978-3-11-151327-0 EBOOK PACKAGE Business and Economics 2024 ENG
_b2024
912 _aZDB-23-9
_b2024
912 _aGBV-deGruyter-alles
942 _cE-BOOK
999 _c49531
_d49531