Data Watch: The Panel Study of Income Dynamics
Author(s) -
Charles Brown,
Greg J. Duncan,
Frank P. Stafford
Publication year - 1996
Publication title -
the journal of economic perspectives
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 9.614
H-Index - 196
eISSN - 1944-7965
pISSN - 0895-3309
DOI - 10.1257/jep.10.2.155
Subject(s) - microdata (statistics) , panel study of income dynamics , economics , panel data , quarter (canadian coin) , poverty , consumption (sociology) , sample (material) , demographic economics , permanent income hypothesis , labour economics , econometrics , census , economic growth , macroeconomics , geography , population , sociology , social science , chemistry , demography , archaeology , chromatography , market liquidity
By collecting annual economic and demographic information from a large and representative sample of U.S. households for over a quarter century, the Panel Study of Income Dynamics has compiled a remarkably useful set of microdata. This article describes the PSID and how its unique longitudinal and, in some cases, intergenerational features have been used for studies of intertemporal models of labor supply; wages, employment, and job tenure; consumption; poverty dynamics; extended-family behavior; and the intergenerational transmission of economic status.
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