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Data Watch: The Panel Study of Income Dynamics

Author

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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.

Suggested Citation

  • Charles Brown & Greg J. Duncan & Frank P. Stafford, 1996. "Data Watch: The Panel Study of Income Dynamics," Journal of Economic Perspectives, American Economic Association, vol. 10(2), pages 155-168, Spring.
    • 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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    File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jep.10.2.155
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    Cited by:

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    2. Jürgen Schupp & Joachim R. Frick, 2010. "Multidisciplinary Household Panel Studies under Academic Direction," RatSWD Working Papers 140, German Data Forum (RatSWD).
    3. 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 19928, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Lucie Schmidt, 2008. "Risk preferences and the timing of marriage and childbearing," Demography, Springer;Population Association of America (PAA), vol. 45(2), pages 439-460, May.
    5. 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.
    6. Michaela Benzeval & Thomas F. Crossley & Edith Aguirre, 2023. "A symposium on Understanding Society, the UK Household Longitudinal Study: introduction," Fiscal Studies, John Wiley & Sons, vol. 44(4), pages 317-340, December.
    7. 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, vol. 13(3), pages 205-216, Summer.
    8. Mark Wooden & Nicole Watson, 2007. "The HILDA Survey and its Contribution to Economic and Social Research (So Far)," The Economic Record, The Economic Society of Australia, vol. 83(261), pages 208-231, June.
    9. Fisher, Monica G. & Weber, Bruce A., 2004. "Does Economic Vulnerability Depend On Place Of Residence? Asset Poverty Across The Rural-Urban Continuum," Working Papers 18911, Oregon State University, Rural Poverty Research Center (RPRC).
    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 18904, Oregon State University, Rural Poverty Research Center (RPRC).
    11. Ernest P. Goss & Joseph M. Phillips, 1997. "The Impact of Home Ownership on the Duration of Unemployment," The Review of Regional Studies, Southern Regional Science Association, vol. 27(1), pages 9-27, Summer.
    12. Chatterjee, Swarn & Palmer, Lance & Goetz, Joseph, 2012. "Individual wealth accumulation: Why does dining together as a family matter?," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 8(2), pages 1-22.
    13. Maude Toussaint-Comeau, 2004. "The occupational assimilation of Hispanics in the U.S.: evidence from panel data," Working Paper Series WP-04-15, Federal Reserve Bank of Chicago.
    14. Asena Caner & Ed Wolff, 2002. "Asset Poverty in the United States, 1984-1999: Evidence from the Panel Study of Income Dynamics," Microeconomics 0209002, University Library of Munich, Germany.
    15. William N. Evans & Helen Levy & Kosali I. Simon, 2000. "Data Watch: Research Data in Health Economics," Journal of Economic Perspectives, American Economic Association, vol. 14(4), pages 203-216, Fall.
    16. Marre, Alexander W., 2014. "Rural and Urban Differences in Household Wealth Accumulation: What Role Do Demographics, Wages and Property Values Play?," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170473, Agricultural and Applied Economics Association.
    17. 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.
    18. repec:rre:publsh:v:34:y:2004:i:2:p:137-55 is not listed on IDEAS
    19. Steven J. Haider & Kathleen McGarry, 2018. "Postsecondary Schooling and Parental Resources: Evidence from the PSID and HRS," Education Finance and Policy, MIT Press, vol. 13(1), pages 72-96, Winter.
    20. 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 18917, Oregon State University, Rural Poverty Research Center (RPRC).

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    More about this item

    JEL classification:

    • D30 - Microeconomics - - Distribution - - - General
    • D10 - Microeconomics - - Household Behavior - - - General

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