Catalog of Holdings

Study Report

Study Number: CA-037-008-2-1-USA-ICPSR-1983

Subject Area: Economic Attitudes and Behavior

Bibliographic Citation: Survey of consumer finances panel survey, 1983-1989.  [machine-readable data file] / Kennickell, Arthur  [principal investigator(s)] / Ann Arbor, MI: Inter-university Consortium for Political and Social Research  [distributor].

Originating Archive Number: 6892

Date Accessioned: 11/1/1997

Number of Files Received: 7

Comments: This study is on ICPSR Periodic Release 97003. The Periodic Release CD-ROM is a product designed for use on a Windows- or DOS-based personal computer and is intended for use as a means of data distribution. It may also be used within the Macintosh environment utilizing either system 7.0 and above or system 6.08 and the appropriate PC emulation software. The CD-ROM does not contain software for text or data searches, extraction or analyses. The files with the .EXE extension are self extracting files that were generated using Info-ZIP's ZIP compressor/archiver and PKWARE's ZIP2EXE utility for generating self-extracting files. Self-extracting files allow PC users to easily and quickly decompress and transfer the files to their equipment, usually a hard disk, without the need to install any extraction software locally. Files with .PDF extensions are provided as an electronic image file in Portable Document File (PDF) format. The PDF format was developed by Adobe Systems Incorporated and can be accessed using the Adobe Acrobat Reader. A copy of Acrobat Reader can be downloaded from the Adobe Systems Incorporated Website at: 7/08 This CD-Rom is superseded because this study is available from ICPSR Direct.

Access Status: Access restricted to U.W. Madison

Date Ordered: 11/1/1997

Documentation: Machine-readable documentation (PDF) + SAS data definition statement. Much of the available machine-readable documentation can be obtained freely via the ICPSR Web Site.

Abstract: The 1983-1989 Survey of Consumer Finances (SCF) Panel dataset provides a linked set of panel data from respondents to both the 1983 (ICPSR 9751) and the 1989 (ICPSR 9687) SCF surveys. Data from these surveys were used to construct variables for the panel cases that are comparable to those available directly for the cross-section cases. In addition, this data collection includes panel data not available in the previously released 1983 and 1989 cross-sectional SCF studies. Data from the 1986 SCF (ICPSR 9753) were treated only as a source of limited information for the construction of the cross-sectional variables and are otherwise not included. This dataset is not intended to reproduce the cross-section results from the 1983 or 1989 SCF. Cross-sectional items from 1983 and 1989 in this data collection include the composition of family balance sheets, terms of loans, relationships with financial institutions, pension status of the survey respondent and the spouse or partner of the respondent, economic assets and liabilities of families, attitudes of consumers toward credit use, and their reactions to consumer credit regulations. Demographic variables include age, gender, marital status, housing, and financial independence. Panel survey issues focused on changes in marital status, household composition, and work history, including number of employers in the past 36 months, reason for leaving job, number of months of full-time and part-time work in the past 36 months, and pension plan status for the respondent and the respondent's spouse. Gender, marital status, and age data were also collected for new household members.

Surveys of Consumer Finances were conducted annually from 1946 through 1971. The survey was again administered in 1977, 1983, 1986, and 1989 and is expected to be updated on a triennial basis. The major focus of these surveys is the collection of statistics on the distribution of consumer income, assets, debt, and major transactions. Interviewing is conducted in January-August of each year with questions covering (1) ownership of assets and financial balances, (2) source, purpose, and amount of debt, including installment debt, and (3) wage earners, and amount and source of current income, as well as previous year's income. Also explored are respondents' attitudes toward their personal financial situation and toward general economic conditions and prices, and respondents' expectations for the coming year. Information is sought on current and planned expenditures for housing, automobiles, and major durables. Personal characteristics reported include age and education of head of household, household composition, and occupation. Samples for the surveys are made up of a national cross-section of dwelling units representing the total population of the United States. In the early years the interviewing unit was the spending unit, but in 1964 it was changed to the family unit. In the last decade several financial innovations were instituted, including the introduction of new financial instruments such as money market funds and the deregulation of financial markets. To assess the effects of these changes on the financial positions and behaviors of households, seven governmental agencies joined together to sponsor the 1983 Survey of Consumer Finances. For a discussion of the data, see the Federal Reserve Board, ''Reports on the Surveys of Consumer Finances,'' FEDERAL RESERVE BULLETIN, and publications of the principal investigators. General reports of the data from the Surveys of Consumer Finances appear in these publications.

Media/File Reports:

ICPSR Direct