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Data Watch: The Panel Study of Income Dynamics

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  • Charles Brown
  • Greg J. Duncan
  • Frank P. Stafford

Abstract

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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File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jep.10.2.155
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Bibliographic Info

Article provided by American Economic Association in its journal Journal of Economic Perspectives.

Volume (Year): 10 (1996)
Issue (Month): 2 (Spring)
Pages: 155-168

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Handle: RePEc:aea:jecper:v:10:y:1996:i:2:p:155-68

Note: DOI: 10.1257/jep.10.2.155
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  1. Blank, Rebecca M, 1990. "Why Are Wages Cyclical in the 1970s?," Journal of Labor Economics, University of Chicago Press, University of Chicago Press, vol. 8(1), pages 16-47, January.
  2. Barro, Robert J, 1974. "Are Government Bonds Net Wealth?," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 82(6), pages 1095-1117, Nov.-Dec..
  3. Stephen Zeldes, . "Consumption and Liquidity Constraints: An Empirical Investigation," Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research 24-85, Wharton School Rodney L. White Center for Financial Research.
  4. Gary Solon & Mary Corcoran & GRoger Gordon & Deborah Laren, 1991. "A Longitudinal Analysis of Sibling Correlations in Economic Status," Journal of Human Resources, University of Wisconsin Press, vol. 26(3), pages 509-534.
  5. Mary Jo Bane & David T. Ellwood, 1986. "Slipping into and out of Poverty: The Dynamics of Spells," Journal of Human Resources, University of Wisconsin Press, vol. 21(1), pages 1-23.
  6. Shaw, Kathryn L, 1987. "The Quit Propensity of Married Men," Journal of Labor Economics, University of Chicago Press, University of Chicago Press, vol. 5(4), pages 533-60, October.
  7. Lawrance, Emily C, 1991. "Poverty and the Rate of Time Preference: Evidence from Panel Data," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 99(1), pages 54-77, February.
  8. Jakubson, George, 1988. "The Sensitivity of Labor-Supply Parameter Estimates to Unobserved Individual Effects: Fixed- and Random-Effects Estimates in a Nonlinear Model Using Panel Data," Journal of Labor Economics, University of Chicago Press, University of Chicago Press, vol. 6(3), pages 302-29, July.
  9. Mankiw, N.G. & Zeldes, S.P., 1990. "The Consumption Of Stockholders And Non-Stockholders," Weiss Center Working Papers, Wharton School - Weiss Center for International Financial Research 23-90, Wharton School - Weiss Center for International Financial Research.
  10. Katharine G. Abraham & John C. Haltiwanger, 1995. "Real Wages and the Business Cycle," Journal of Economic Literature, American Economic Association, vol. 33(3), pages 1215-1264, September.
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  12. Bound, John, et al, 1994. "Evidence on the Validity of Cross-Sectional and Longitudinal Labor Market Data," Journal of Labor Economics, University of Chicago Press, University of Chicago Press, vol. 12(3), pages 345-68, July.
  13. Beaudry, Paul & DiNardo, John, 1991. "The Effect of Implicit Contracts on the Movement of Wages over the Business Cycle: Evidence from Micro Data," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 99(4), pages 665-88, August.
  14. Bover, Olympia, 1991. "Relaxing Intertemporal Separability: A Rational Habits Model of Labor Supply Estimated from Panel Data," Journal of Labor Economics, University of Chicago Press, University of Chicago Press, vol. 9(1), pages 85-100, January.
  15. Daniel S. Hamermesh, 1984. "The Costs of Worker Displacement," NBER Working Papers 1495, National Bureau of Economic Research, Inc.
  16. Joan R. Rodgers & John L. Rodgers, 1993. "Chronic Poverty in the United States," Journal of Human Resources, University of Wisconsin Press, vol. 28(1), pages 25-54.
  17. Brown, James N & Light, Audrey, 1992. "Interpreting Panel Data on Job Tenure," Journal of Labor Economics, University of Chicago Press, University of Chicago Press, vol. 10(3), pages 219-57, July.
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Cited by:
  1. Dizioli, Allan & Pinheiro, Roberto B., 2012. "Health insurance as a productive factor," MPRA Paper 39743, University Library of Munich, Germany.
  2. Fisher, Monica G., 2004. "On The Empirical Finding Of A Higher Risk Of Poverty In Rural Areas: Is Rural Residence Endogenous To Poverty?," Working Papers, Oregon State University, Rural Poverty Research Center (RPRC) 18917, Oregon State University, Rural Poverty Research Center (RPRC).
  3. Thomas S. Dee & William N. Evans & Sheila E. Murray, 1999. "Data Watch: Research Data in the Economics of Education," Journal of Economic Perspectives, American Economic Association, American Economic Association, vol. 13(3), pages 205-216, Summer.
  4. Lucie Schmidt, 2008. "Risk preferences and the timing of marriage and childbearing," Demography, Springer, Springer, vol. 45(2), pages 439-460, May.
  5. Chatterjee, Swarn & Zahirovic-Herbert, Velma, 2009. "Retirement Plan Participation in the United States: Do Public Sector Employees Save More?," MPRA Paper 13546, University Library of Munich, Germany.
  6. Fisher, Monica G. & Foster, Kenneth A., 2004. "Measuring The Effect Of Rural Residence On Individual Employment Outcomes: Is Rural Residence Endogenous?," 2004 Annual meeting, August 1-4, Denver, CO, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) 19928, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  7. Jürgen Schupp & Joachim R. Frick, 2010. "Multidisciplinary Household Panel Studies under Academic Direction," Working Paper Series of the German Council for Social and Economic Data, German Council for Social and Economic Data (RatSWD) 140, German Council for Social and Economic Data (RatSWD).
  8. Fisher, Monica G. & Weber, Bruce A., 2004. "Does Economic Vulnerability Depend On Place Of Residence? Asset Poverty Across The Rural-Urban Continuum," Working Papers, Oregon State University, Rural Poverty Research Center (RPRC) 18911, Oregon State University, Rural Poverty Research Center (RPRC).
  9. Soep, 1998. "Funktion und Design einer Ergänzungsstichprobe für das Sozio-oekonomische Panel (SOEP)," Discussion Papers of DIW Berlin 163, DIW Berlin, German Institute for Economic Research.
  10. Fisher, Monica G., 2005. "Why Is U.S. Poverty Higher In Nonmetropolitan Than Metropolitan Areas? Evidence From The Panel Study Of Income Dynamics," Working Papers, Oregon State University, Rural Poverty Research Center (RPRC) 18904, Oregon State University, Rural Poverty Research Center (RPRC).
  11. William N. Evans & Helen Levy & Kosali I. Simon, 2000. "Data Watch: Research Data in Health Economics," Journal of Economic Perspectives, American Economic Association, American Economic Association, vol. 14(4), pages 203-216, Fall.
  12. Maude Toussaint-Comeau, 2004. "The occupational assimilation of Hispanics in the U.S.: evidence from panel data," Working Paper Series, Federal Reserve Bank of Chicago WP-04-15, Federal Reserve Bank of Chicago.
  13. Chatterjee, Swarn & Palmer, Lance & Goetz, Joseph, 2010. "Individual wealth accumulation: Why does dining together as a family matter?," MPRA Paper 26334, University Library of Munich, Germany, revised 21 Aug 2010.

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