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Description & Citation--Study No. 9687

Bibliographic Description

ICPSR Study No.:9687
 
Persistent URL: http://dx.doi.org/10.3886/ICPSR09687
 
Title:Survey of Consumer Finances, 1989
 
Principal Investigator(s):Arthur Kennickell
 
  Board of Governors of the Federal Reserve System
 
Series:Survey of Consumer Finances Series
 
Funding Agency:Board of Governors of the Federal Reserve System
 
  United States Department of the Treasury. Comptroller of the Currency
 
  United States Department of Health and Human Services
 
  United States National Institutes of Health. National Institute on Aging
 
  United States Small Business Administration
 
  General Accounting Office
 
  United States Congress Joint Committee on Taxation
 
Bibliographic Citation:Kennickell, Arthur, and Board of Governors of the Federal Reserve System. Survey of Consumer Finances, 1989 [Computer file]. ICPSR09687-v2. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2006-03-30. doi:10.3886/ICPSR09687
 

Scope of Study

Summary: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 SURVEY OF CONSUMER FINANCES, 1983 (ICPSR 9751). 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.
 
Subject Term(s):consumer attitudes, consumer protection, credit, debt, financial assets, financial balances, financial institutions, household budgets, job history, loans, pension plans
 
Geographic Coverage:United States
 
Time Period:1989
 
Date(s) of Collection:June 1989 - May 1990
 
Universe:Households within the 48 contiguous United States.
 
Data Type:survey data
 
Data Collection Notes:The data collection instrument is provided as a Portable Document Format (PDF) file. The PDF file format was developed by Adobe Systems Incorporated and can be accessed using PDF reader software, such as the Adobe Acrobat Reader. Information on how to obtain a copy of the Acrobat Reader is provided in the README file through the ICPSR Website on the Internet.
 

Methodology

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.
 
Data Source:personal interviews and telephone interviews
 

Access and Availability

Note:A list of the data formats available for this study can be found in the summary of holdings. Detailed file-level information (such as record length, case count, and variable count) is listed in the file manifest.
 
Some instruments administered as part of this study may contain contents from copyrighted instruments. Reproductions of the instruments are provided solely as documentation for the analysis of the data associated with this collection. Please contact the data producers for information on permissions to use the instruments for other purposes.
 
Original ICPSR Release:1993-05-13
 
Version History:The last update of this study occurred on 2006-03-30.
 
  2006-03-30 - File CB9687.ALL was removed from any previous datasets and flagged as a study-level file, so that it will accompany all downloads.
 
  1997-12-12 - A new weight variable (X42000), computed to be consistent with the final versions of this variable in the 1992 and 1995 Surveys of Consumer Finances, has been added to the collection. A file of replicate weights and multiplicity factors corresponding to X42000 has also been added as Part 2 of the collection, along with a PDF version of the questionnaire, replacing the hardcopy-only version.
 
Dataset(s):
  • DS1: Survey Data
  • DS2: Replicate Weights and Multiplicity Factors
 

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