Since 1968, the Panel Study of Income Dynamics (PSID) has collected annual data from a representative sample of U.S. men, women, and children, and the families in which they reside. These data include information on employment, income, wealth, housing and food expenditures, transfer income, and marital and fertility behavior. From the 4,800 families surveyed in 1968, the study has grown to more than 7,000 families, including more than 2,000 families of Cuban, Puerto Rican, and Mexican descent added in 1997. The study collects high-quality intergenerational data on economic capacity, income, and the transmission of wealth, as well as information such as the relationship of life events (e.g., early childbearing, divorce, and illness) to economic well-being; the relationship of business cycles to economic well-being; and the interaction of labor mobility and geographic mobility. In recent years, the value of this study has been further extended through matching PSID respondents to Census geocodes, which permits adding valuable data on neighborhood characteristics to individual files.
|Funding:||National Institute on Aging|
National Science Foundation
Project website: http://psidonline.isr.umich.edu/
Country of Focus: USA