Household Saving and Portfolio Change: Evidence from the 1983-89 Scf Panel

Posted: 30 Apr 1998

See all articles by Arthur B. Kennickell

Arthur B. Kennickell

Federal Reserve Board - Department of Research & Statistics

Martha Starr

American University - Department of Economics

Date Written: April 29, 1996

Abstract

There are very few sources of high-quality data on the dynamics of wealth accumulation. This paper uses newly-available data from the 1983-89 panel of the Survey of Consumer Finances to examine household saving and portfolio change over the 1980s. The 1983 SCF collected detailed information on households' assets, liabilities, income and other characteristics for a sample of 4,103 families. In 1989, 1,479 of these families were re-interviewed using a similar questionnaire. After describing the sample and methodology of the panel survey, we analyze changes in household wealth over the 1983-89 period. We also investigate changes in the structure of households' assets and liabilities.

JEL Classification: E21, G11, D31

Suggested Citation

Kennickell, Arthur B. and Starr, Martha, Household Saving and Portfolio Change: Evidence from the 1983-89 Scf Panel (April 29, 1996). Board of Governors of the Federal Reserve System Finance and Economics DiscussionSeries FEDS Paper Number 96-18. Available at SSRN: https://ssrn.com/abstract=7648

Arthur B. Kennickell

Federal Reserve Board - Department of Research & Statistics ( email )

20th & C. St., N.W.
Washington, DC 20551
United States
202-452-2247 (Phone)
202-452-5295 (Fax)

Martha Starr (Contact Author)

American University - Department of Economics ( email )

4400 Massachusetts Avenue, N.W.
Washington, DC 20016-8029
United States
202-885-3747 (Phone)

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