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Journal of Economic Perspectives: Vol. 10 No. 2 (Spring 1996)

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Data Watch: The Panel Study of Income Dynamics

Article Citation

Brown, Charles, Greg J. Duncan, and Frank P. Stafford. 1996. "Data Watch: The Panel Study of Income Dynamics." Journal of Economic Perspectives, 10(2): 155-168.

DOI: 10.1257/jep.10.2.155

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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Authors

Brown, Charles (U MI and NBER)
Duncan, Greg J. (Northwestern U)
Stafford, Frank P. (U MI)

JEL Classifications

D30: Distribution: General
D10: Household Behavior: General

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