The Dataset Section of the SCF Research Group covers issues such as weighting and imputation in the SCF datasets
Multiple Imputation in the 1992 Survey of Consumer Finances
Article by Montalto and Sung in 1996 issue of Financial Counseling and Planning plus links to SAS code
There will be a panel session on SCF data imputation issues at the 1997 ACCI meeting.
1995 Dataset to be released
Federal Reserve Board home page for 1995 SCF dataset
Excerpts from Jan. 1997 Federal Reserve Board Bulletin article
Download entire article: Family Finances in the U.S.: Recent Evidence from the Survey of
Consumer Finances (Acrobat format, 138 KB PDF)
Using data that have just become available from the 1995 Survey of
Consumer Finances along with data from the 1989 and 1992 versions of
the survey, this article provides a detailed picture of recent changes
in the income, net worth, assets, and liabilities of U.S. families.
It also presents information on families’ saving, unrealized capital
gains, debt payments, and institutional providers of credit. Of the
developments the article reports, a few are particularly noteworthy.
First, between the 1992 and 1995 surveys, both median family income
and median family net worth rose in constant dollars. The former,
however, remained below the level measured in 1989, whereas the latter
returned to the 1989 level. Second, the percentage of families who
owned publicly traded stock and the amount of their holdings expanded
greatly over the six-year period. Finally, there was little evidence
of a serious rise in debt payment problems between 1992 and 1995, even
though both the share of families with debt and the median amount of
their debt rose.
Household Saving and Portfolio Change: Evidence from the 1983-89 SCF Panel,
Arthur B. Kennickell and Martha Starr-McCluer, abstract and link to download Acrobat file
A Comparison of the Household Sector from the Flow of
Funds Accounts and the Survey of Consumer Finances Downloadable paper in Acrobat format. Covers many data issues.
Asked and Answered
Census Occupational Codes
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The Section Chair is Catherine Montalto, an assistant professor in the Consumer Sciences Department at The Ohio State University.
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