LWS - United States 2010 : household file Codebook generated: 2016-06-24 ------------------------------------------------------------------------------------------------------------------------------------------------ IDENTIFIERS ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- hid unique unit identifier 32410 1 6555 3277.92 1892.14 did unique country/year number -------------------------------------------------- N value 32410 279 dname country/year identifier -------------------------------------------------- N value 32410 "us10" cname country name -------------------------------------------------- N value 32410 "United States" iso2 2-letter country abbreviation -------------------------------------------------- N value 32410 "us" year reference year -------------------------------------------------- N value 32410 2010 wave data wave -------------------------------------------------------------------------------- N code label 32410 8 Wave VIII ------------------------------------------------------------------------------------------------------------------------------------------------ FILE INFORMATION ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- hwgt household weight (normalised) 32410 0 5.81 1.54 0.81 hpopwgt household weight (inflated) 32410 9.28 68298.64 18144 9582.56 inum implicate number 32410 1 5 3 1.41 svyunit survey unit -------------------------------------------------------------------------------- N code label 32410 2 economic family ------------------------------------------------------------------------------------------------------------------------------------------------ GEOGRAPHICAL CHARACTERISTICS ------------------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------------------ DWELLING CHARACTERISTICS ------------------------------------------------------------------------------------------------------------------------------------------------ own owned/rented housing -------------------------------------------------------------------------------- N code label 8030 110 owned outright 13640 120 owned with mortgage 10195 210 rented 545 220 free housing dweltyp type of dwelling -------------------------------------------------------------------------------- N code label 19190 100 house 1585 200 multi-unit residential building 1375 310 movable dwelling 10260 . NOTES: 1. [us10] Missings (.) represents those who live in a house/townhouse/apartment and pay rent. ------------------------------------------------------------------------------------------------------------------------------------------------ FARMING CHARACTERISTICS ------------------------------------------------------------------------------------------------------------------------------------------------ farm farm household (dummy) -------------------------------------------------------------------------------- N code label 31640 0 not farm household 770 1 farm household agriland ownership of agricultural land -------------------------------------------------------------------------------- N code label 770 100 owns or rents agricultural land 31640 200 does not own nor rent agricultural land farming farming activity -------------------------------------------------------------------------------- N code label 330 100 runs a farming activity 32080 200 does not run a farming activity ------------------------------------------------------------------------------------------------------------------------------------------------ HOUSEHOLD COMPOSITION ------------------------------------------------------------------------------------------------------------------------------------------------ hhtype household composition -------------------------------------------------------------------------------- N code label 8695 100 one person household 9550 210 couple without children 9720 220 couple with children 2810 230 one parent with children 250 310 couple without children and relatives 450 320 couple with children and relatives 375 330 one parent with children and relatives 320 400 relatives living together (no family nucleus) 55 510 couple without children and nonrelatives 50 520 couple with children and nonrelatives 30 530 one parent with children and nonrelatives 20 620 couple with children and relatives and nonrelatives 10 630 one parent with children and relatives and nonrelatives 70 800 nonrelatives living together 5 . hpartner head living with partner -------------------------------------------------------------------------------- N code label 17815 110 married couple 2285 120 non-married cohabiting couple 12310 200 head not living with partner nhhmem number of household members -------------------------------------------------------------------------------- N code label 8695 1 1 hh member 11280 2 2 hh members 4585 3 3 hh members 4500 4 4 hh members 2240 5 5 hh members 690 6 6 hh members 255 7 7 hh members 95 8 8 hh members 30 9 9 hh members 30 10 10 hh members 5 11 11 hh members 5 12 12 hh members nhhmem65 number of household members 65 or older -------------------------------------------------------------------------------- N code label 25542 0 no hh members 65 or older 4278 1 1 hh member 65 or older 2580 2 2 hh members 65 or older 5 3 3 hh members 65 or older 5 . nhhmem17 number of household members 17 or younger -------------------------------------------------------------------------------- N code label 21075 0 no hh members 17 or younger 4470 1 1 hh member 17 or younger 4070 2 2 hh member 17 or younger 1920 3 3 hh member 17 or younger 625 4 4 hh member 17 or younger 130 5 5 hh member 17 or younger 60 6 6 hh member 17 or younger 40 7 7 hh member 17 or younger 15 8 8 hh member 17 or younger 5 . ------------------------------------------------------------------------------------------------------------------------------------------------ CURRENT INCOME ------------------------------------------------------------------------------------------------------------------------------------------------ NOTES: hiap: 1. [us10] 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 32135 -851000 204200000 493735 4e+06 hil labour income, household 32280 -1e+06 99320000 161755 1700000 hile paid employment income, household 32410 0 99320000 139110 1700000 hils self-employment income, household 32280 -1e+06 28950000 22145 435327 hic capital income, household 32240 -993700 109700000 320055 3e+06 hicid interest and dividends, household 32410 0 50741000 96766.3 1100000 hit transfer income, household 32410 0 3217500 9978.5 33904.3 hits social security transfers, household 32410 0 620000 9277.73 20675.2 hitsi work-related insurance transfers, household 32410 0 620000 8752.54 20726.8 hitsa assistance benefits, household 32410 0 53000 525.2 2125.35 hitp private transfers, household 32410 0 3210000 700.77 26985.5 hitpih inter-household transfers, household 32410 0 3210000 700.77 26985.5 hiap total pension income, household 32410 0 620000 8059.71 20670.2 ------------------------------------------------------------------------------------------------------------------------------------------------ WINDFALL INCOME ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- hwc windfall capital income, household 32410 -1e+06 1.16e+08 81887.8 2300000 hwcg capital gains, household 32410 -1e+06 1.16e+08 81887.8 2300000 ------------------------------------------------------------------------------------------------------------------------------------------------ NON-CONSUMPTION EXPENDITURE ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- hxit income taxes and social contributions, household 32410 -6603 70496080 154511 1400000 hxiti income taxes, household 32410 -9586 67602848 145190 1300000 hxits social security contributions, household 32410 0 2893523 9320.54 49340 hxot other taxes, household 32410 0 337000 4740.98 13004 hxotp property taxes, household 32410 0 337000 4740.98 13004 hxih inter-household transfers paid, household 32410 0 5e+06 7644.13 80010.1 hxch donations to charity, household 32410 0 60940000 50204 897721 ------------------------------------------------------------------------------------------------------------------------------------------------ CONSUMPTION ------------------------------------------------------------------------------------------------------------------------------------------------ NOTES: hcresto: 1. [us10] includes only amounts spend on food delivered to the customer's home as well as eating out. Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- hcfood food and non-alcoholic beverages, household 32410 0 140400 6512.42 5374.66 hchous housing and utilities, household 32410 0 3e+05 3146.34 7875.97 hchousa actual rent, household 32410 0 3e+05 3146.34 7875.97 hcresto restaurants and hotels, household 3727 0 71760 4989.77 7121.25 ------------------------------------------------------------------------------------------------------------------------------------------------ ASSETS - LIABILITIES TRANSACTIONS ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- hts proceeds from sales, household 32410 0 2030000 2239.56 30231.1 htsf sales of financial products, household 32410 0 2030000 2239.56 30231.1 htil inflows from loans, household 32385 0 1e+08 54016.3 1400000 htilm mortgage, household 32410 0 3590000 17043.7 112800 htilo other loans, household 32410 0 1e+08 36857.7 1400000 htilr repayments from borrowings, household 32385 0 276000 291.13 5260.32 htp purchases, household 32410 0 9660000 13115.8 178017 htpr purchases of real estate, household 32410 0 9660000 13115.8 178017 htol outflows from loans, household 31983 0 66656400 35475.7 577688 htolm mortgage repayments, household 32395 0 672000 9096.06 22228.9 htolo other loans repayments, household 31998 0 66552000 26420.5 574816 ------------------------------------------------------------------------------------------------------------------------------------------------ MAJOR AGGREGATES ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- dhi disposable household income 32135 -864897 133700000 340096 2600000 ------------------------------------------------------------------------------------------------------------------------------------------------ ADDITIONAL INFORMATION ------------------------------------------------------------------------------------------------------------------------------------------------ currency currency units -------------------------------------------------------------------------------- N code label 32410 840 USD - US Dollar Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- deflator deflation factor 32410 1 1 1 0 grossnet gross/net income information -------------------------------------------------------------------------------- N code label 32410 120 gross, taxes and contributions imputed ------------------------------------------------------------------------------------------------------------------------------------------------ ASSETS ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- han non-financial assets 32410 0 1.02e+09 4400000 3.2e+07 hanr real estate 32410 0 872500000 1400000 1.5e+07 hanrp principal residence 32410 0 58090000 525813 1900000 hanro other real estate 32410 0 870300000 912187 1.4e+07 hann non-housing assets 32410 -7e+05 935600000 3e+06 2.6e+07 hannb business equity 32410 -7e+05 932400000 2800000 2.6e+07 hannc consumer goods 32410 0 107900000 161184 2100000 hanncv vehicles 32410 0 99428000 93210.7 1600000 hanncd other durables and valuables 32410 0 54250000 67973.2 1e+06 hanno other non-financial assets 32410 0 62580000 16169.3 744946 haf financial assets (excluding pensions) 32410 0 8.77e+08 3100000 2.4e+07 hafc deposit accounts and cash 32410 0 2.25e+08 324575 3400000 hafi financial investments 32410 0 875900000 2700000 2.2e+07 hafib bonds and other debt securities 32410 0 105400000 272859 3100000 hafis stocks and other equity 32410 0 824900000 1200000 1.4e+07 hafii investment funds and alternative investments 32410 0 5.5e+08 1200000 1.4e+07 hafo other non-pension financial assets 32410 0 173500000 92214.9 2300000 hasi life insurance and voluntary individual pensions 32410 0 40380000 236762 1200000 hasil life insurance accounts 32410 0 19990000 32366.7 347893 hasip individual voluntary pension accounts 32410 0 39430000 204395 1100000 hasodc occupational pensions (DC schemes) 32410 0 16100000 42596.3 379078 ------------------------------------------------------------------------------------------------------------------------------------------------ LIABILITIES ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- hl total liabilities 32410 0 110800000 274709 2200000 hlr real estate liabilities 32410 0 79934000 152142 1100000 hlrp principal residence loans 32410 0 7530000 100516 300281 hlro other real estate loans 32410 0 79205000 51625.7 1e+06 hln non-housing liabilities 32410 0 110800000 122567 1800000 hlni investment loans 32410 0 110800000 73431.7 1600000 hlnc consumer goods loans 32410 0 67590000 43178.6 940063 hlncv vehicle loans 32410 0 2.5e+07 17725.5 402777 hlncd other loans for goods and consumption 32410 0 67590000 25453.1 842183 hlne education loans 32410 0 488000 4483.48 19474 hlno other non-housing liabilities 32410 0 3180000 1472.97 41691 hlsr institutional loans secured by real estate 32410 0 79934000 176618 1300000 hlsrp secured by principal residence 32410 0 50070000 124992 735035 hlsro secured by other real estate 32410 0 79205000 51625.7 1e+06 hlsn loans not secured by real estate 32410 0 221600000 299615 3300000 hlsng guaranteed institutional loans 32410 0 1e+08 233596 2600000 hlsnn non-guaranteed institutional loans 32410 0 3180000 4904.26 43509.9 hlsni informal (non-institutional) loans 32410 0 110800000 6305.16 636842 ------------------------------------------------------------------------------------------------------------------------------------------------ HOUSEHOLD NET WORTH ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- dnw disposable net worth 32410 -550839 1.057e+09 7300000 4.4e+07 anw adjusted disposable net worth 32410 -550839 1.094e+09 7500000 4.5e+07 ------------------------------------------------------------------------------------------------------------------------------------------------ CONTINGENT ASSETS, LIABILITIES AND RELATED VARIABLES ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- cir expects to receive inheritance/gift 32410 0 1 0.13 0.33 cia1 amount of expected inheritance/gift,(1) 32410 0 1e+08 162465 2400000 cig expects to give inheritance/gift 32410 0 2 0.89 0.79 chc home equity line of credit (dummy) 32410 0 1 0.12 0.32 cha amount of home equity line of credit 32397 0 22760000 17688 199655 cnc non-home equity lines of credit (dummy) 32410 0 1 0.05 0.22 cna amount of non-home equity lines of credit 32399 0 105900000 71849.1 1800000 ------------------------------------------------------------------------------------------------------------------------------------------------ ASSETS ACQUIRED IN THE PAST AND RELATED VARIABLES ------------------------------------------------------------------------------------------------------------------------------------------------ Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- ppr purchase price of principal residence 32410 0 43880000 316428 1200000 ppy year of purchase of principal residence 21670 1950 2010 1995.5 12.26 pir inheritance/gift received (dummy) -------------------------------------------------------------------------------- N code label 25125 0 did not receive inheritance/gift 7285 1 received inheritance/gift Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- pia1 amount of inheritance/gift received,(1) 32410 0 220100000 138982 2900000 pia2 amount of inheritance/gift received,(2) 32410 0 9250000 13335.6 162029 pia3 amount of inheritance/gift received,(3) 32410 0 1.5e+07 6664.75 212522 pia4 amount of inheritance/gift received,(4) 32410 0 10670000 4580.11 190366 piy1 year inheritance/gift received,(1) 7285 1950 2010 1997.45 11.84 piy2 year inheritance/gift received,(2) 2146 1955 2010 1996.4 11.59 piy3 year inheritance/gift received,(3) 605 1950 2010 1994.86 12.61 pit1 type of inheritence/gift received,(1) -------------------------------------------------------------------------------- N code label 6085 20 financial 1200 30 both non-financial and financial 25125 . pit2 type of inheritence/gift received,(2) -------------------------------------------------------------------------------- N code label 1738 20 financial 408 30 both non-financial and financial 30264 . pit3 type of inheritence/gift received,(3) -------------------------------------------------------------------------------- N code label 409 20 financial 196 30 both non-financial and financial 31805 . piw1 from whom inheritance/gift received,(1) -------------------------------------------------------------------------------- N code label 1092 1 grandparent(s)(incl in-laws) 5432 2 parent(s)(incl in-laws) 95 3 sibling(s)(incl in-laws) 5 4 child(ren)(incl in-laws) 528 5 other relative(s) 133 6 non-relative(s) 25125 . piw2 from whom inheritance/gift received,(2) -------------------------------------------------------------------------------- N code label 336 1 grandparent(s)(incl in-laws) 1451 2 parent(s)(incl in-laws) 47 3 sibling(s)(incl in-laws) 5 4 child(ren)(incl in-laws) 271 5 other relative(s) 36 6 non-relative(s) 30264 . piw3 from whom inheritance/gift received,(3) -------------------------------------------------------------------------------- N code label 137 1 grandparent(s)(incl in-laws) 338 2 parent(s)(incl in-laws) 114 5 other relative(s) 16 6 non-relative(s) 31805 . ------------------------------------------------------------------------------------------------------------------------------------------------ OTHER BEHAVIOURAL VARIABLES ------------------------------------------------------------------------------------------------------------------------------------------------ bopc possession of credit cards (dummy) -------------------------------------------------------------------------------- N code label 9533 0 does not have credit cards 22877 1 has credit cards bonc_c number of credit cards -------------------------------------------------------------------------------- N code label 9533 0 no credit cards 3500 1 1 card 3838 2 2 cards 3524 3 3 cards 2972 4 4 cards 2380 5 5 cards 1701 6 6 cards 1360 7 7 cards 969 8 8 cards 693 9 9 cards 514 10 10 cards 392 11 11 cards 268 12 12 cards 263 13 13 cards 172 14 14 cards 100 15 15 cards 76 16 16 cards 40 17 17 cards 35 18 18 cards 40 19 19 cards 20 20 20 cards 20 21 21 cards Variable Description N Min. Max. Mean SD ----------------------------------------------------------------------------------------------------------------------------------------------- boue amount needed to cover unexpected expenses 32410 0 67600000 153550 1300000 boea ability to get emergency financial aid (dummy) -------------------------------------------------------------------------------- N code label 10783 0 not able to get emergency financial aid 21627 1 able to get emergency financial aid bolc loan consolidation (dummy) -------------------------------------------------------------------------------- N code label 32349 0 did not consolidate loan(s) 61 1 consolidated loan(s) bocc1_c objective credit constraints,(1) -------------------------------------------------------------------------------- N code label 13740 110 applied and got what asked for 242 121 applied for mortgage and got less what asked for 210 122 applied for car/other vehicle loan and got less what asked for 84 123 applied for other loans for consumer goods and consumption and got less what asked for 25 124 applied for business/investment loan and got less what asked for 36 125 applied for student loan and got less what asked for 850 131 applied for mortgage and was rejected 1190 132 applied for car/other vehicle loan and was rejected 3680 133 applied for other loans for consumer goods and was rejected 85 134 applied for business/investment loan and was rejected 86 135 applied for student loan and and was rejected 12182 200 did not apply NOTES: 1. [us10] refers to application for any type of credit or loan in the last five years bocc2_c objective credit constraints,(2) -------------------------------------------------------------------------------- N code label 439 111 reapplied for mortgage and got what asked for 692 112 reapplied for car/other vehicle loan and got what asked for 205 113 reapplied for other loans for consumer goods and consumption and got what asked for 45 114 reapplied for business/investment loan and got what asked for 30 115 reapplied for student loan and got what asked for 389 121 reapplied for mortgage and did not get what asked for 330 122 reapplied for car/other vehicle loan and did not get what asked for 3394 123 reapplied for other loans for consumer goods and consumption and did not get what asked for 55 124 reapplied for business/investment loan and did not get what asked for 47 125 reapplied for student loan and did not get what asked for 862 200 did not reapply 25922 . NOTES: 1. [us10] 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 26854 0 no, did not fear to be turned down 101 1 fear of being turned down because personal characteristics, family background/life history of borrower 1086 2 fear of being turned down because credit rating service/credit bureau reports 1131 3 fear of being turned down because credit records/history from other institution; other loans; previous payment records; bankruptcy 505 4 fear of being turned down because amount of debt; size of other payments; ability to repay loan 508 5 fear of being turned down because insufficient credit history/references 80 6 fear of being turned down because lack of/not enough assets to secure the loan, size of down payment, or financial status 814 7 fear of being turned down because bad credit, n.e.c. 317 8 fear of being turned down because employment activity, intensity, and characteristics 597 9 fear of being turned down because of income 417 10 fear of being turned down because of other reasons NOTES: 1. [us10] 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 24495 0 does not own a business 2298 11 LLP/LLC (include professional LLC) 606 12 partnership/cooperative 1475 13 subchapter S corporation 473 14 other corporation (including C chapter corps) 2373 15 sole proprietorship 5 16 foreign business type 25 17 not a formal business type 660 20 does not have actively managed business NOTES: 1. [us10] 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 24495 0 does not own a business 5335 10 owns only one business 936 11 LLP/LLC (include professional LLC) 202 12 partnership/cooperative 342 13 subchapter S corporation 97 14 other corporation (including C chapter corps) 342 15 sole proprietorship 1 17 not a formal business type 660 20 does not have actively managed business NOTES: 1. [us10] 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 24495 0 does not own a business 5335 1 owns 1 actively managed business 1150 2 owns 2 actively managed businesses 400 3 owns 3 actively managed businesses 370 4 owns 4 or more actively managed businesses 660 20 does not have actively managed business