Catalog of Holdings

Study Report

Study Number: CA-037-003-1-1-United States-ICPSR-1986

Subject Area: Economic Attitudes and Behavior

Bibliographic Citation: Survey of consumer finances, 1986.  [machine-readable data file] / University of Michigan. Survey Research Center. Economic Behavior Program  [principal investigator(s)] / Ann Arbor, MI: Inter-university Consortium for Political and Social Research  [distributor].

Originating Archive Number: 9753

Access Status: Access limited to UW-Madison campus

Documentation: Hard copy codebook, 1 duplicate.

Abstract: This is the second in a series of triennial Surveys of Consumer Finances begun in 1983. Surveys of Consumer Finances were conducted annually from 1946 through 1971 and again in 1977. The 1986 survey was designed primarily to update essential information such as household balance sheet and employment data for family units in the sample. Limited information was solicited on the disposition of assets, purchase and sale of homes, and major expenditures for health, durables, charity, and education. Data were also collected to compute savings for the sample households over the period 1983-1986. In addition, the 1986 survey added new lines of inquiry to explore the broad role of the family in economic behavior. Substantial new information was collected on gifts made or received by the household. Data were also gathered on the sharing of living quarters over the previous three years. Information on income and on marital and employment history for those three years was recorded as well.

SOURCE: telephone interviews

UNIVERSE: National cross-section of dwelling units (exclusive of institutional quarters) representing the total population of the 48 contiguous United States.

SAMPLE: The total survey sample of 4,103 households was drawn from the completed interviews of the SURVEY OF CONSUMER FINANCES, 1983 (ICPSR 9751). The sample included a supplemental sample of high-income households drawn from 1980 Federal Income Tax returns created by the Statistics of Income Division of the Internal Revenue Service. When couples from the 1983 survey divorced or separated, the survey followed both parties. However, other members who left the household, such as young adults, were not followed. A net total of 2,822 reinterviews were completed. The same questionnaire was used for both subsets of respondents.

NOTE: Data for this collection exist in two versions: raw data prepared by the University of Michigan's Survey Research Center, and recoded data prepared by the Federal Reserve Board. The latter file was produced by the Federal Reserve Board using a series of consistency checks and imputation procedures to edit the raw data and estimate values for missing data. Additional weights were constructed and included in the recoded data file. New variables were also constructed directly from original variables and, in addition, were created by matching information from other sources such as the United States Census. Users should be aware that some values given in the documentation do not coincide with those derived from the data. Those known to ICPSR are contained in the Federal Reserve Board recoded data section entitled ''Calculated Relative Real Wage Growth Variables'' (C1822 to C1830 and C1922 to C1930). The Federal Reserve Board affirms that the data values are correct but that no additional documentation is available. The first four variables in the recoded data are undocumented ID variables. The SAS and SPSS Control Cards provided with this collection are incomplete. Only SAS Input Statements and SPSS Data Lists are supplied.

EXTENT OF COLLECTION: 2 data files + SAS Control Cards + SPSS Control Cards + data collection instrument.

DATA TYPE: survey data

DATA FORMAT: LRECL with SAS and SPSS Control Cards

TIME PERIOD: 1985-1986

DATE OF COLLECTION: June-September 1986

FUNDING AGENCY: Department of Health and Human Services, Department of the Treasury. Office of Tax Analysis, Federal Trade Commission, Department of Labor, Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve System.



Avery, Robert B., and Arthur B. Kennickell. 1986 SURVEY OF CONSUMER FINANCES: TECHNICAL MANUAL AND CODEBOOK. Board of Governors of the Federal Reserve System, 1988. Avery, Robert B., Gregory E. Elliehausen, and Arthur B. Kennickell. ''Changes in Consumer Installment Debt: Evidence From the 1983 and 1986 Surveys of Consumer Finances.'' FEDERAL RESERVE BULLETIN 73 (October 1987), 761-778.

Media/File Reports:

ICPSR Direct