LWS - United States 2001 : household file Codebook generated: 2016-06-24 ------------------------------------------------------------------------------------------------------------------------------------------------ IDENTIFIERS ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- hid unique unit identifier 22210 1 4475 2237.2 1291.47 did unique country/year number -------------------------------------------------- N value 22210 178 dname country/year identifier -------------------------------------------------- N value 22210 "us01" cname country name -------------------------------------------------- N value 22210 "United States" iso2 2-letter country abbreviation -------------------------------------------------- N value 22210 "us" year reference year -------------------------------------------------- N value 22210 2001 wave data wave -------------------------------------------------------------------------------- N code label 22210 5 Wave V ------------------------------------------------------------------------------------------------------------------------------------------------ FILE INFORMATION ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- hwgt household weight (normalised) 22210 0 6.28 2.25 1.46 hpopwgt household weight (inflated) 22210 5.35 66887.48 23974.7 15495.9 inum implicate number 22210 1 5 3 1.41 svyunit survey unit -------------------------------------------------------------------------------- N code label 22210 2 economic family ------------------------------------------------------------------------------------------------------------------------------------------------ GEOGRAPHICAL CHARACTERISTICS ------------------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------------------ DWELLING CHARACTERISTICS ------------------------------------------------------------------------------------------------------------------------------------------------ own owned/rented housing -------------------------------------------------------------------------------- N code label 15 100 owned 6371 110 owned outright 9464 120 owned with mortgage 5995 210 rented 365 220 free housing dweltyp type of dwelling -------------------------------------------------------------------------------- N code label 13870 100 house 1330 200 multi-unit residential building 860 310 movable dwelling 6150 . NOTES: 1. [us01] Missings (.) represents those who live in a house/townhouse/apartment and pay rent. ------------------------------------------------------------------------------------------------------------------------------------------------ FARMING CHARACTERISTICS ------------------------------------------------------------------------------------------------------------------------------------------------ farm farm household (dummy) -------------------------------------------------------------------------------- N code label 21665 0 not farm household 545 1 farm household agriland ownership of agricultural land -------------------------------------------------------------------------------- N code label 545 100 owns or rents agricultural land 21665 200 does not own nor rent agricultural land farming farming activity -------------------------------------------------------------------------------- N code label 255 100 runs a farming activity 21955 200 does not run a farming activity ------------------------------------------------------------------------------------------------------------------------------------------------ HOUSEHOLD COMPOSITION ------------------------------------------------------------------------------------------------------------------------------------------------ hhtype household composition -------------------------------------------------------------------------------- N code label 5410 100 one person household 7380 210 couple without children 6760 220 couple with children 1665 230 one parent with children 190 310 couple without children and relatives 235 320 couple with children and relatives 145 330 one parent with children and relatives 205 400 relatives living together (no family nucleus) 85 510 couple without children and nonrelatives 50 520 couple with children and nonrelatives 30 530 one parent with children and nonrelatives 5 610 couple without children and relatives and nonrelatives 20 620 couple with children and relatives and nonrelatives 30 800 nonrelatives living together hpartner head living with partner -------------------------------------------------------------------------------- N code label 13355 110 married couple 1370 120 non-married cohabiting couple 7485 200 head not living with partner nhhmem number of household members -------------------------------------------------------------------------------- N code label 5410 1 1 hh member 8355 2 2 hh members 3010 3 3 hh members 3285 4 4 hh members 1455 5 5 hh members 450 6 6 hh members 155 7 7 hh members 60 8 8 hh members 10 9 9 hh members 20 10 10 hh members nhhmem65 number of household members 65 or older -------------------------------------------------------------------------------- N code label 17415 0 no hh members 65 or older 2732 1 1 hh member 65 or older 2038 2 2 hh members 65 or older 25 3 3 hh members 65 or older nhhmem17 number of household members 17 or younger -------------------------------------------------------------------------------- N code label 14115 0 no hh members 17 or younger 3145 1 1 hh member 17 or younger 3150 2 2 hh member 17 or younger 1240 3 3 hh member 17 or younger 405 4 4 hh member 17 or younger 105 5 5 hh member 17 or younger 35 6 6 hh member 17 or younger 15 7 7 hh member 17 or younger ------------------------------------------------------------------------------------------------------------------------------------------------ CURRENT INCOME ------------------------------------------------------------------------------------------------------------------------------------------------ NOTES: hiap: 1. [us01] the amounts refer to net income from Social Security or other pensions, annuities, or other disability or retirement programs(IRS form 1040 line number 16a,20a). Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- hi total income, household 22205 -539000 95701000 454282 2300000 hil labour income, household 22205 -1e+06 95678000 315277 1900000 hile paid employment income, household 22210 -69000 19370000 129216 564642 hils self-employment income, household 22205 -1e+06 9.5e+07 186032 1800000 hic capital income, household 22210 -707000 26745000 128678 928973 hicid interest and dividends, household 22210 0 13070000 74825.4 490730 hit transfer income, household 22210 0 5200000 8532.66 86748 hits social security transfers, household 22210 0 5200000 8296.21 86740 hitsi work-related insurance transfers, household 22210 0 5200000 8152.18 86744 hitsa assistance benefits, household 22210 0 33000 144.03 1019.7 hitp private transfers, household 22210 0 65000 236.46 2200.27 hitpih inter-household transfers, household 22210 0 65000 236.46 2200.27 hiap total pension income, household 22210 0 5200000 8046.67 86748.2 ------------------------------------------------------------------------------------------------------------------------------------------------ WINDFALL INCOME ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- hwc windfall capital income, household 22210 -1e+06 91200000 132705 2e+06 hwcg capital gains, household 22210 -1e+06 91200000 132705 2e+06 ------------------------------------------------------------------------------------------------------------------------------------------------ NON-CONSUMPTION EXPENDITURE ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- hxit income taxes and social contributions, household 22210 -2583 41550388 202326 1100000 hxiti income taxes, household 22210 -4113 41524148 193953 1100000 hxits social security contributions, household 22210 0 571179 8373.75 17749.7 hxot other taxes, household 22210 0 332000 3750.69 10425.2 hxotp property taxes, household 22210 0 332000 3750.69 10425.2 hxih inter-household transfers paid, household 22210 0 1.2e+07 8594.27 182758 hxch donations to charity, household 22210 0 13190000 46831.1 430701 ------------------------------------------------------------------------------------------------------------------------------------------------ CONSUMPTION ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- hchous housing and utilities, household 22210 0 240000 2163.11 6957.1 hchousa actual rent, household 22210 0 240000 2163.11 6957.1 ------------------------------------------------------------------------------------------------------------------------------------------------ ASSETS - LIABILITIES TRANSACTIONS ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- hts proceeds from sales, household 22210 0 175000 309.65 4596.78 htsf sales of financial products, household 22210 0 175000 309.65 4596.78 htil inflows from loans, household 22170 0 91250000 48369.4 846352 htilm mortgage, household 22210 0 10630000 14488.1 180825 htilo other loans, household 22210 0 91250000 33280 824994 htilr repayments from borrowings, household 22170 0 680000 748.11 13974.5 htp purchases, household 22210 0 18590000 23433.5 323022 htpr purchases of real estate, household 22210 0 18590000 23433.5 323022 htol outflows from loans, household 21490 0 8404800 30049.5 188508 htolm mortgage repayments, household 22168 0 1800000 9228.49 34553.8 htolo other loans repayments, household 21522 0 8404800 20962.2 177552 ------------------------------------------------------------------------------------------------------------------------------------------------ MAJOR AGGREGATES ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- dhi disposable household income 22205 -16625308 54235564 251952 1300000 ------------------------------------------------------------------------------------------------------------------------------------------------ ADDITIONAL INFORMATION ------------------------------------------------------------------------------------------------------------------------------------------------ currency currency units -------------------------------------------------------------------------------- N code label 22210 840 USD - US Dollar Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- deflator deflation factor 22210 1 1 1 0 grossnet gross/net income information -------------------------------------------------------------------------------- N code label 22210 120 gross, taxes and contributions imputed ------------------------------------------------------------------------------------------------------------------------------------------------ ASSETS ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- han non-financial assets 22210 0 529700000 3900000 2.2e+07 hanr real estate 22210 0 284800000 1200000 6400000 hanrp principal residence 22210 0 2e+07 424653 1100000 hanro other real estate 22210 0 284600000 746164 6100000 hann non-housing assets 22210 0 514700000 2700000 2e+07 hannb business equity 22210 -4880 5e+08 2600000 1.9e+07 hannc consumer goods 22210 0 15773300 103916 686556 hanncv vehicles 22210 0 15272000 60084.2 496401 hanncd other durables and valuables 22210 0 10510000 43831.9 393546 hanno other non-financial assets 22210 0 29380000 31351 655411 haf financial assets (excluding pensions) 22210 0 439700000 3e+06 1.6e+07 hafc deposit accounts and cash 22210 0 60181300 259096 1700000 hafi financial investments 22210 0 438100000 2700000 1.6e+07 hafib bonds and other debt securities 22210 0 136400000 367409 3600000 hafis stocks and other equity 22210 0 399800000 1700000 1.2e+07 hafii investment funds and alternative investments 22210 0 1.08e+08 583963 3800000 hafo other non-pension financial assets 22210 0 28900000 45017.3 634380 hasi life insurance and voluntary individual pensions 22210 0 21906000 246714 941940 hasil life insurance accounts 22210 0 21820000 65539.4 567465 hasip individual voluntary pension accounts 22210 0 1.8e+07 181175 690981 hasodc occupational pensions (DC schemes) 22210 0 1.6e+07 36852.3 339679 ------------------------------------------------------------------------------------------------------------------------------------------------ LIABILITIES ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- hl total liabilities 22210 0 69170000 193629 1400000 hlr real estate liabilities 22210 0 20470000 98209.3 377037 hlrp principal residence loans 22210 0 7790000 75116.3 247938 hlro other real estate loans 22210 0 2e+07 23093 249172 hln non-housing liabilities 22210 0 69170000 95420.2 1300000 hlni investment loans 22210 0 64710000 63984.5 1200000 hlnc consumer goods loans 22210 0 64580000 19901.4 468420 hlncv vehicle loans 22210 0 9760000 8280.19 154762 hlncd other loans for goods and consumption 22210 0 64580000 11621.2 442257 hlne education loans 22210 0 180000 1227.65 6536.25 hlno other non-housing liabilities 22210 0 11210000 10306.6 198751 hlsr institutional loans secured by real estate 22210 0 20470000 104085 368701 hlsrp secured by principal residence 22210 0 7790000 80991.9 237284 hlsro secured by other real estate 22210 0 2e+07 23093 249172 hlsn loans not secured by real estate 22210 0 1.5e+08 262995 3300000 hlsng guaranteed institutional loans 22210 0 1.5e+08 202833 3e+06 hlsnn non-guaranteed institutional loans 22210 0 11210000 12716.2 199719 hlsni informal (non-institutional) loans 22210 0 7450000 1928.17 91028 ------------------------------------------------------------------------------------------------------------------------------------------------ HOUSEHOLD NET WORTH ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- dnw disposable net worth 22210 -3277300 591200000 6700000 3.1e+07 anw adjusted disposable net worth 22210 -3226300 591200000 6900000 3.1e+07 ------------------------------------------------------------------------------------------------------------------------------------------------ CONTINGENT ASSETS, LIABILITIES AND RELATED VARIABLES ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- cir expects to receive inheritance/gift 22210 0 1 0.14 0.35 cia1 amount of expected inheritance/gift,(1) 22210 0 71660000 142008 1600000 cig expects to give inheritance/gift 22210 0 2 0.86 0.75 chc home equity line of credit (dummy) 22210 0 1 0.09 0.29 cha amount of home equity line of credit 22203 0 6357000 13959.5 157903 cnc non-home equity lines of credit (dummy) 22210 0 1 0.05 0.21 cna amount of non-home equity lines of credit 22198 0 2.5e+07 30672 641372 ------------------------------------------------------------------------------------------------------------------------------------------------ ASSETS ACQUIRED IN THE PAST AND RELATED VARIABLES ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- ppr purchase price of principal residence 22210 0 18590000 210973 633809 ppy year of purchase of principal residence 15835 1941 2001 1987.19 12.23 pir inheritance/gift received (dummy) -------------------------------------------------------------------------------- N code label 17333 0 did not receive inheritance/gift 4877 1 received inheritance/gift Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- pia1 amount of inheritance/gift received,(1) 22210 0 1e+07 53789.4 360477 pia2 amount of inheritance/gift received,(2) 22210 0 10960000 15020.5 225522 pia3 amount of inheritance/gift received,(3) 22210 0 5e+06 4783.57 99718 pia4 amount of inheritance/gift received,(4) 22210 0 3710000 3149.69 64235.6 piy1 year inheritance/gift received,(1) 4877 1940 2000 1989.36 11.65 piy2 year inheritance/gift received,(2) 1463 1940 2000 1988.82 11.75 piy3 year inheritance/gift received,(3) 475 1940 2000 1990.95 11.38 pit1 type of inheritence/gift received,(1) -------------------------------------------------------------------------------- N code label 3867 20 financial 1010 30 both non-financial and financial 17333 . pit2 type of inheritence/gift received,(2) -------------------------------------------------------------------------------- N code label 1048 20 financial 415 30 both non-financial and financial 20747 . pit3 type of inheritence/gift received,(3) -------------------------------------------------------------------------------- N code label 233 20 financial 242 30 both non-financial and financial 21735 . piw1 from whom inheritance/gift received,(1) -------------------------------------------------------------------------------- N code label 728 1 grandparent(s)(incl in-laws) 3421 2 parent(s)(incl in-laws) 101 3 sibling(s)(incl in-laws) 22 4 child(ren)(incl in-laws) 497 5 other relative(s) 108 6 non-relative(s) 17333 . piw2 from whom inheritance/gift received,(2) -------------------------------------------------------------------------------- N code label 218 1 grandparent(s)(incl in-laws) 949 2 parent(s)(incl in-laws) 38 3 sibling(s)(incl in-laws) 192 5 other relative(s) 66 6 non-relative(s) 20747 . piw3 from whom inheritance/gift received,(3) -------------------------------------------------------------------------------- N code label 28 1 grandparent(s)(incl in-laws) 316 2 parent(s)(incl in-laws) 13 3 sibling(s)(incl in-laws) 107 5 other relative(s) 11 6 non-relative(s) 21735 . ------------------------------------------------------------------------------------------------------------------------------------------------ OTHER BEHAVIOURAL VARIABLES ------------------------------------------------------------------------------------------------------------------------------------------------ bopc possession of credit cards (dummy) -------------------------------------------------------------------------------- N code label 4282 0 does not have credit cards 17928 1 has credit cards bonc_c number of credit cards -------------------------------------------------------------------------------- N code label 4282 0 no credit cards 2490 1 1 card 3230 2 2 cards 2831 3 3 cards 2388 4 4 cards 1842 5 5 cards 1242 6 6 cards 957 7 7 cards 811 8 8 cards 498 9 9 cards 422 10 10 cards 274 11 11 cards 255 12 12 cards 217 13 13 cards 145 14 14 cards 95 15 15 cards 71 16 16 cards 40 17 17 cards 35 18 18 cards 10 19 19 cards 27 20 20 cards 18 21 21 cards 20 22 22 cards 10 23 23 cards Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- boue amount needed to cover unexpected expenses 22210 0 30230000 199837 1200000 boea ability to get emergency financial aid (dummy) -------------------------------------------------------------------------------- N code label 5547 0 not able to get emergency financial aid 16663 1 able to get emergency financial aid bolc loan consolidation (dummy) -------------------------------------------------------------------------------- N code label 22177 0 did not consolidate loan(s) 33 1 consolidated loan(s) bocc1_c objective credit constraints,(1) -------------------------------------------------------------------------------- N code label 10427 110 applied and got what asked for 110 121 applied for mortgage and got less what asked for 87 122 applied for car/other vehicle loan and got less what asked for 45 123 applied for other loans for consumer goods and consumption and got less what asked for 10 124 applied for business/investment loan and got less what asked for 5 125 applied for student loan and got less what asked for 431 131 applied for mortgage and was rejected 727 132 applied for car/other vehicle loan and was rejected 2299 133 applied for other loans for consumer goods and was rejected 15 134 applied for business/investment loan and was rejected 21 135 applied for student loan and and was rejected 8033 200 did not apply NOTES: 1. [us01] refers to application for any type of credit or loan in the last five years bocc2_c objective credit constraints,(2) -------------------------------------------------------------------------------- N code label 285 111 reapplied for mortgage and got what asked for 457 112 reapplied for car/other vehicle loan and got what asked for 130 113 reapplied for other loans for consumer goods and consumption and got what asked for 10 114 reapplied for business/investment loan and got what asked for 10 115 reapplied for student loan and got what asked for 141 121 reapplied for mortgage and did not get what asked for 195 122 reapplied for car/other vehicle loan and did not get what asked for 2063 123 reapplied for other loans for consumer goods and consumption and did not get what asked for 10 124 reapplied for business/investment loan and did not get what asked for 10 125 reapplied for student loan and did not get what asked for 439 200 did not reapply 18460 . NOTES: 1. [us01] refers to those who applied for loan and were rejected, and then re-applied again or did not re-apply bocs_c subjective credit constraints -------------------------------------------------------------------------------- N code label 19433 0 no, did not fear to be turned down 80 1 fear of being turned down because personal characteristics, family background/life history of borrower 111 2 fear of being turned down because credit rating service/credit bureau reports 882 3 fear of being turned down because credit records/history from other institution; other loans; previous payment records; bankruptcy 225 4 fear of being turned down because amount of debt; size of other payments; ability to repay loan 306 5 fear of being turned down because insufficient credit history/references 72 6 fear of being turned down because lack of/not enough assets to secure the loan, size of down payment, or financial status 506 7 fear of being turned down because bad credit, n.e.c. 122 8 fear of being turned down because employment activity, intensity, and characteristics 251 9 fear of being turned down because of income 222 10 fear of being turned down because of other reasons NOTES: 1. [us01] refers to those who did not re-apply for a loan after after they got rejected ------------------------------------------------------------------------------------------------------------------------------------------------ ADDITIONAL INFORMATION (WEALTH) ------------------------------------------------------------------------------------------------------------------------------------------------ bus1_c type of first actively managed business -------------------------------------------------------------------------------- N code label 15439 0 does not own a business 316 11 LLP/LLC (include professional LLC) 1086 12 partnership/cooperative 1611 13 subchapter S corporation 824 14 other corporation (including C chapter corps) 2106 15 sole proprietorship 828 20 does not have actively managed business NOTES: 1. [us01] codes 11-17 refer to the legal form of the first actively managed business owned by anyone in the household. bus2_c type of second actively managed business -------------------------------------------------------------------------------- N code label 15439 0 does not own a business 4150 10 owns only one business 239 11 LLP/LLC (include professional LLC) 364 12 partnership/cooperative 366 13 subchapter S corporation 330 14 other corporation (including C chapter corps) 494 15 sole proprietorship 828 20 does not have actively managed business NOTES: 1. [us01] codes 11-15 refer to the legal form of the second actively managed business owned by anyone in the household. bus3_c number of actively managed businesses -------------------------------------------------------------------------------- N code label 15439 0 does not own a business 4150 1 owns 1 actively managed business 1095 2 owns 2 actively managed businesses 362 3 owns 3 actively managed businesses 336 4 owns 4 or more actively managed businesses 828 20 does not have actively managed business