Search Results

SORT BY: PREVIOUS / NEXT
Author:Kennickell, Arthur B. 

Journal Article
Recent Changes in U.S. Family Finances: Results from the 1998 Survey of Consumer Finances

Using data from the Federal Reserve Board's two most recent Surveys of Consumer Finances, this article provides a detailed picture of changes in the financial condition of U.S. families between 1995 and 1998. The financial situation of families changed notably in the three-year period. While income continued a moderate upward trend, net worth grew strongly, and the increase in net worth was broadly shared by different demographic groups. A booming stock market accounts for a substantial part of the rise in net worth, but the data also suggest that improvements in financial circumstances ...
Federal Reserve Bulletin , Volume 86 , Issue 1 , Pages pp. 1-29

Working Paper
Saving and permanent income: evidence from the 1992 SCF

Finance and Economics Discussion Series , Paper 95-41

Journal Article
Changes in U.S. family finances from 2007 to 2010: evidence from the Survey of Consumer Finances

The Federal Reserve Board's Survey of Consumer Finances for 2010 provides insights into changes in family income and net worth since the 2007 survey. The survey shows that, over the 2007?10 period, the median value of real (inflation-adjusted) family income before taxes fell 7.7 percent, while mean income fell more sharply, an 11.1 percent decline. Both median and mean net worth decreased even more dramatically than income over this period, though the relative movements in the median and the mean are reversed; the median fell 38.8 percent, and the mean fell 14.7 percent. This article reviews ...
Federal Reserve Bulletin , Volume 98 , Issue June , Pages 1-80

Working Paper
Surveying the aftermath of the storm: changes in family finances from 2007 to 2009

In 2009, the Federal Reserve Board implemented a survey of families that participated in the 2007 Survey of Consumer Finances (SCF) to gain detailed information on the effects of the recent recession on all types of households. Using data from the 2007-09 SCF panel, we highlight the variation in households' financial experiences by examining the distribution of changes in families' balance sheets. Further, we use information on changes in families' saving, investing, and spending behavior to consider the potential longer-term consequences of the current recession on households' finances and ...
Finance and Economics Discussion Series , Paper 2011-17

Journal Article
Recent changes in U.S. family finances: evidence from the 1998 and 2001 Survey of Consumer Finances

Data from the Federal Reserve Board's Survey of Consumer Finances show a striking pattern of growth in family income and net worth between 1998 and 2001. Inflation-adjusted incomes of families rose broadly, although growth was fastest among the group of families whose income was higher than the median. The median value of family net worth grew faster than that of income, but as with income, the growth rates of net worth were fastest for groups above the median. The years between 1998 and 2001 also saw a rise in the proportion of families that own corporate equities either directly or ...
Federal Reserve Bulletin , Volume 89 , Issue Jan

Journal Article
Family Finance in the U.S.: Recent Evidence from the Survey of Consumer Finances

Using data that have just become available from the 1995 Survey of Consumer Finances along with data from the 1989 and 1992 versions of the survey, this article provides a detailed picture of recent changes in the income, net worth, assets, and liabilities of U.S. families. It also presents information on families' saving, unrealized capital gains, debt payments, and institutional providers of credit. Of the developments the article reports, a few are particularly noteworthy. First, between the 1992 and 1995 surveys, both median family income and median family net worth rose in constant ...
Federal Reserve Bulletin , Volume 83 , Issue 1 , Pages pp. 1-24

Conference Paper
Who uses electronic banking? results from the 1995 Survey of Consumer Finances

Proceedings , Paper 534

Journal Article
Changes in the use of transaction accounts and cash from 1984 to 1986

Federal Reserve Bulletin , Issue Mar , Pages 179-196

Working Paper
The other, other half: changes in the finances of the least wealthy 50 percent, 2007-2009

In discussions of household wealth, it is not surprising that discussion often tends to focus on the upper half of the wealth distribution: According to the 2007 Survey of Consumer Finances (SCF), that group held 97.5 percent of all directly owned household wealth. This paper investigates the wealth dynamics of this group using data from the 2007-2009 SCF panel to examine the degree of distributional mobility among this group, the demographic characteristics associated with such change and the role of initial portfolio allocation. It also provides information from earlier SCFs and the 2010 ...
Finance and Economics Discussion Series , Paper 2012-40

Working Paper
Demographics and household savings

Finance and Economics Discussion Series , Paper 123

FILTER BY year

FILTER BY Content Type

FILTER BY Jel Classification

D31 3 items

D12 2 items

D14 2 items

B41 1 items

C81 1 items

C83 1 items

show more (4)

FILTER BY Keywords

PREVIOUS / NEXT