The wealth dynamics of American families, 1984-94

Article Abstract:

A primary framework of distribution of wealth and income among American families from the periods of 1984 to 1989 and 1989 to 1994 is presented. Wealth distribution increased along with median wealth as evidenced by the increased number of families owning corporate shares between 1989 and 1994. A $1.8 tril increase in net worth was posted for the same time frame. Moreover, a 20% of these families did not hold any bank accounts, more particularly among African American families. African American families only have a small share in the total number of families in the upper bracket of society.

Family Income, Social aspects, United States economic conditions, Savings, Wealth, 1980s (Decade) AD

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Data watch: the Panel Study of Income Dynamics

Article Abstract:

The Panel Study of Income Dynamics (PSID) comprises a national probability data source inclusive of all levels of incomes among US populations. Initiated in 1968 as a short-term study, the annual sampling has continued as of 1996 with lavish funding from official and non-official sources. The data base is annually updated and carefully documented to be more representative of the vast economic and demographic realities in the US. PSID's worth as a research base for comprehending economic behaviors has been invaluable.

Analysis, Reports, Census, Censuses, Economic surveys, Income distribution

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Wage levels and method of pay

Article Abstract:

A study was done to analyze wage levels and method of pay. Method of pay separates workers into a group receiving time rate pay and a group receiving piece rate pay. Time rate earners are further classified into a group whose wages depend on supervisory ratings and a group which does not. The study employed wage data from more than 3,000 manufacturing establishments. Theory predicts that piece-rate workers earn more while time rate workers under supervisory ratings receive more than their counterparts.

Research, Wages, Wages and salaries, Wage payment systems, Pay structure

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