Question

Status:Closed    Asked:Jan 19, 2017 - 09:47 PM

income variable

Is ftotval a yearly level household income variable?


Is there monthly level household income variable?

 
Do you have the same question? Follow this Question
 

Staff Answer

avatar

Jeff Bloem

Staff

First, FTOTVAL represents annual *family* income. See my previous answer for the subtle yet important distinction between household and family.


Second, most of the income variables come from the ASEC (Annual Social and Economic) supplement of the CPS. Therefore, these variables represent annual income figures. You can estimate a monthly figure by dividing annual figures by 12. Other income variables are availabe in the basic monthly samples via the outgoing rotation group ("earner study") questions. The "earner study" questions concern the respondent's periodicity of pay, hourly wage, usual weeks worked per year at that rate, usual hours worked a week, and overtime pay. For more details on the "earner study" questions see the notes page here.

 

Jan 20, 2017 - 09:57 AM

0
0
Report it

OTHER QUESTIONS NEEDING ANSWERS

Is there a continuous income variable in the ATUS?
How do I create a measure of household income inequality from person-level da...
Does the eitcred variable (earned income tax credit) include state level earn...
Household income by race
Login   |   Register

Recently Active Members

View More »

Share |