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Consistent Weight Design for the 1989, 1992 and 1995 SCFs, and the Distribution of Wealth

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  • Kennickell, Arthur B
  • Woodburn, R Louise

Abstract

Estimates using survey data are determined by two factors: the data collected and the survey weights. This paper discusses the design and calculation of a set of consistent weights for the Surveys of Consumer Finances. Taking both these weights and the multiply imputed survey data, the authors look at estimates of changes in the distribution of wealth over the first half of the 1990s. Copyright 1999 by The International Association for Research in Income and Wealth.

Suggested Citation

  • Kennickell, Arthur B & Woodburn, R Louise, 1999. "Consistent Weight Design for the 1989, 1992 and 1995 SCFs, and the Distribution of Wealth," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 45(2), pages 193-215, June.
  • Handle: RePEc:bla:revinw:v:45:y:1999:i:2:p:193-215
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    Cited by:

    1. Friedline, Terri & Elliott, William & Nam, Ilsung, 2013. "Small-dollar children's saving accounts and children's college outcomes by race," Children and Youth Services Review, Elsevier, vol. 35(3), pages 548-559.
    2. Wolff, Edward N., 2007. "The retirement wealth of the baby boom generation," Journal of Monetary Economics, Elsevier, vol. 54(1), pages 1-40, January.
    3. Kennickell, Arthur & Lusardi, Annamaria, 2005. "Disentangling the importance of the precautionary saving motive," CFS Working Paper Series 2006/15, Center for Financial Studies (CFS).
    4. Elliott, William, 2013. "Small-dollar children's savings accounts and children's college outcomes," Children and Youth Services Review, Elsevier, vol. 35(3), pages 572-585.
    5. Yao, Rui & Sharpe, Deanna L. & Wang, Feifei, 2011. "Decomposing the age effect on risk tolerance," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 40(6), pages 879-887.
    6. Elliott, William & Song, Hyun-a & Nam, Ilsung, 2013. "Small-dollar children's savings accounts and children's college outcomes by income level," Children and Youth Services Review, Elsevier, vol. 35(3), pages 560-571.
    7. Galizzi, Monica & Zagorsky, Jay L., 2009. "How do on-the-job injuries and illnesses impact wealth?," Labour Economics, Elsevier, vol. 16(1), pages 26-36, January.
    8. Elliott, William & Song, Hyun-a & Nam, Ilsung, 2013. "Small-dollar accounts, children's college outcomes, and wilt," Children and Youth Services Review, Elsevier, vol. 35(3), pages 535-547.
    9. Edward N. Wolff, 2012. "The Asset Price Meltdown and the Wealth of the Middle Class," NBER Working Papers 18559, National Bureau of Economic Research, Inc.

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