Catalog of Holdings

Study Report

Study Number: CA-037-004-1-1-United States-ICPSR-1989

Subject Area: Economic Attitudes and Behavior

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

Originating Archive Number: 9687

Number of Files Received: 3

Access Status: Access limited to UW-Madison campus

Documentation: 1 volume hard copy codebook plus machine-readable version. SAS xport file also available.

Abstract: The purpose of this data collection effort was to provide an accurate representation of the distribution of elements composing family balance sheets across families in the United States. To that end, the 1989 Survey of Consumer Finances was designed to gather household-level information closely comparable to that obtained in the 1983 Survey of Consumer Finances. Detailed data were collected on the composition of household budgets, the terms of loans, and relationships with financial institutions. Information was also obtained on employment history and pension rights of the survey respondent and the spouse or partner of the respondent. In addition to recording data on the economic assets and liabilities of families, the survey examined the attitudes of consumers toward credit use and their reactions to consumer credit regulations. Demographic variables include age, sex, marital status, housing, and financial independence.

SOURCE: personal interviews and telephone interviews

UNIVERSE: Households within the 48 contiguous United States.

SAMPLE: To obtain a sufficiently large and unbiased sample of wealthier households, the Survey of Consumer Finances employs a two-part strategy for sampling households. Of the 3,143 households in the sample, 2,277 were selected by standard multistage area-probability sampling methods from the 48 contiguous states. The remaining 866 households in the survey were selected using tax data. This second group of households was specifically selected to oversample wealthier households. There are also weighting adjustments for survey nonrespondents and a systematic imputation of unanswered questions. In this dataset, values have been multiply imputed. The imputations are stored as complete replicates of each case. There are five copies of each survey observation.

NOTE: The data collection instrument is hardcopy and available upon request only.

EXTENT OF COLLECTION: 1 data file + machine-readable documentation (text) + data collection instrument.

DATA TYPE: survey data

DATA FORMAT: LRECL with SAS Transport File


DATE OF COLLECTION: June 1989-May 1990

FUNDING AGENCY: Federal Reserve Board, Department of the Treasury, Department of Health and Human Services, National Institute on Aging, Small Business Administration, General Accounting Office, Comptroller of the Currency, and Congressional Joint Committee on Taxation.



Kennickell, A., and Janice Shack-Marquez. ''Changes in Family Finances From 1983 to 1989: Evidence From the Survey of Consumer Finances.'' FEDERAL RESERVE BULLETIN, January 1992.

Media/File Reports:

7351 (CD-ROM)