Estimates using survey data are determined by two factors: the data collected and the survey weights. This paper discusses the design and calculation of a set of consistent weights for the Surveys of Consumer Finances. Taking both these weights and the multiply‐imputed survey data, we look at estimates of changes in the distribution of wealth over the first half of the 1990s.
for suggestions and comments. Any errors are our responsibility. Ryan Bledsoe and Amber Lytle provided excellent research assistance. Lusardi acknowledges financial support from the Rockefeller Center at Dartmouth College. The opinions expressed in this paper are those of the authors and do not necessarily reflect the views of the Board of Governors of the Federal Reserve System. The views expressed herein are those of the author(s) and not necessarily those of the National Bureau of Economic Research.
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