Survey of Consumer Finances, 1960 (ICPSR 7440)
Version Date: Jan 10, 2014 View help for published
Principal Investigator(s): View help for Principal Investigator(s)
University of Michigan. Survey Research Center. Economic Behavior Program
Series:
https://doi.org/10.3886/ICPSR07440.v2
Version V2
Summary View help for Summary
This data collection is one in a series of surveys of consumer finances conducted annually between 1946 and 1971. In a nationally representative sample, the head of each spending unit (usually the husband, the main earner, or the owner of the home) was interviewed. The basic unit of reference in the study was the spending unit, but some family data are also available. The questions in the 1960 survey covered the respondent's attitudes toward national economic conditions and price activity, as well as the respondent's own financial situation. Other questions examined the spending unit head's occupation, and the nature and amount of the spending unit's income, debts, liquid assets, changes in liquid assets, savings, investment preferences, and actual and expected purchases of cars and other major durables. In addition, the survey explored in detail the subject of housing, e.g., previous and present home ownership, value of respondent's dwelling, and mortgage information. Demographic variables include number of people in the spending unit, age, sex, and education of the head, and the race and sex of the respondent.
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Geographic Coverage View help for Geographic Coverage
Smallest Geographic Unit View help for Smallest Geographic Unit
None.
Distributor(s) View help for Distributor(s)
Time Period(s) View help for Time Period(s)
Date of Collection View help for Date of Collection
Sample View help for Sample
National cross-section of spending units representative of the total population of the United States. The number of spending units interviewed in 1960 was 2,972, in approximately 2,760 family units.
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Universe View help for Universe
Spending units in the United States.
Unit(s) of Observation View help for Unit(s) of Observation
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HideOriginal Release Date View help for Original Release Date
1984-07-02
Version History View help for Version History
- University of Michigan. Survey Research Center. Economic Behavior Program. Survey of Consumer Finances, 1960. ICPSR07440-v2. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2014-01-10. http://doi.org/10.3886/ICPSR07440.v2
2014-01-10 The SPSS and SAS setups were updated by adding values and value labels to the variables documentation. Stata setup files, as well as SPSS and Stata system files, a SAS transport (CPORT) file, an R data file, and a tab-delimited file have been added to the collection. The codebook was updated.
1984-07-02 ICPSR data undergo a confidentiality review and are altered when necessary to limit the risk of disclosure. ICPSR also routinely creates ready-to-go data files along with setups in the major statistical software formats as well as standard codebooks to accompany the data. In addition to these procedures, ICPSR performed the following processing steps for this data collection:
- Performed consistency checks.
- Created variable labels and/or value labels.
- Standardized missing values.
- Checked for undocumented or out-of-range codes.
Notes
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