Survey of Consumer Finances, 1983 (ICPSR 9751)
Version Date: Jan 18, 2006 View help for published
Principal Investigator(s): View help for Principal Investigator(s)
University of Michigan. Survey Research Center. Economic Behavior Program;
Robert B. Avery;
Gregory E. Elliehausen;
Board of Governors of the Federal Reserve System
Series:
https://doi.org/10.3886/ICPSR09751.v1
Version V1
Summary View help for Summary
The focus of this survey was the estimation of the debt obligations and asset holdings of a nationally representative sample of American families, and their use of financial institutions. A complete, detailed inventory of household assets and debts including businesses, pensions, properties, and financial transactions was collected along with demographic data and a comprehensive work history for primary family members. In addition to recording data on the economic assets and liabilities of 4,103 families, the survey examined the attitudes of consumers toward credit use, their reactions to new financial instruments and to consumer credit regulations, and their knowledge of consumer pension rights and benefits. Data on reasons for various financial choices and attitudes toward financial risk and liquidity were also collected. Information that permits estimation of pension and Social Security wealth was gathered as well. 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 U.S. Census.
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Subject Terms View help for Subject Terms
Geographic Coverage View help for Geographic Coverage
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Time Period(s) View help for Time Period(s)
Date of Collection View help for Date of Collection
Data Collection Notes View help for Data Collection Notes
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The SPSS and SAS Control Cards provided with this collection are incomplete. Only SAS Input Statements and SPSS Data Lists are supplied.
Sample View help for Sample
The survey sample of 3,824 randomly selected households in the United States was drawn using a controlled selection by state and degree of urbanization that resulted in a more geographically balanced sample and increased precision of sample estimates relative to a more conventional random design. A supplemental sample of 438 high-income households was drawn from 1980 federal income tax returns created by the Statistics of Income Division of the Internal Revenue Service from the same primary areas that were selected for the area probability sample. A special procedure utilizing the office of the Comptroller of the Currency was used to ensure the anonymity of the respondents. The total sample consisted of 4,262 household respondents. However, 159 sample observations were excluded due to significant missing information, yielding a net 4,103 cases. The same questionnaire was used for both subsets of respondents.
Universe View help for Universe
National cross-section of dwelling units (exclusive of institutional quarters) representing the total population of the 48 contiguous United States.
Data Source View help for Data Source
personal interviews
Data Type(s) View help for Data Type(s)
HideOriginal Release Date View help for Original Release Date
1992-10-31
Version History View help for Version History
- University of Michigan. Survey Research Center. Economic Behavior Program, Robert B. Avery, Gregory E. Elliehausen, and Board of Governors of the Federal Reserve System. Survey of Consumer Finances, 1983. ICPSR09751-v1. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 1992. http://doi.org/10.3886/ICPSR09751.v1
2006-01-18 File CB9751.ALL.PDF was removed from any previous datasets and flagged as a study-level file, so that it will accompany all downloads.
Notes
These data are freely available to data users at ICPSR member institutions. The curation and dissemination of this study are provided by the institutional members of ICPSR. How do I access ICPSR data if I am not at a member institution?