Online Data Archive

Three Family-Finance-Related Datasets from the Federal Reserve, 1962-1964

This collection consists of three datasets collected by the Board of Governors of the U.S. Federal Reserve in the early 1960s. The first survey, the Survey of Financial Characteristics of Consumers, 1962-1963, includes variables which measure the size of wealth, diffusion of wealth and debt (home ownership, automobiles, liquid assets, business and profession, investment assets, miscellaneous assets, debts), and consumer preferences for holding different assets (composition of wealth and portfolio). A follow-up survey, the Survey of Changes in Family Finances, 1964, returns to the same respondents to measure the size and composition of consumer savings in 1963 in relation to income, net worth, and other characteristics. The third dataset, Capital Gains Data on Common Stock for Respondents of the Surveys of Financial Characteristics, 1962-1963, and Changes in Family Finances, 1964, contains capital gains data which can be merged directly into the previous two surveys.