Catalog of Holdings

Study Report

Study Number: CA-037-004-2-1-United States-USFRS-1989

Subject Area: Economic Attitudes and Behavior

Bibliographic Citation: Survey of consumer finances, 1989.  [machine-readable data file] / U.S. Federal Reserve System  [principal investigator(s)] / Washington, D.C.: Federal Reserve System. Board of Governors  [distributor].

Originating Archive Number: 9687

Date Accessioned: 6/12/1995

Number of Files Received: 1

Comments: Data file received as SAS CIMPORT transport file. File was read on the SSC Ultrix machine and written out as a system file. It was then rewritten in another step to a xport SAS transport file, TAR'd and gnuzip compressed before transfer to DAT tape. The internal SAS filename is save.scf89c. These data were received from the Fed via John Karl Scholz. It is PRESUMED that they supercede the ICPSR edition received in 1993. We are told that they have been 'cleaned' but since there is no evidence that they actually do supercede edition 1 that edition remains cataloged at this time.

Access Status: Unlimited access

Date Ordered: 6/12/1995

Documentation: At this time consists of one volume of printed SAS PROC CONTENTS.

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.

Media/File Reports:

7380 (CD-Rom)
7381 (CD-Rom)
9002 (USB Flask Drive)
9003 (USB Flask Drive)
9004 (SSCC network drive)