Health, Wealth, and Time Use Over the Life Course and Across Generations
Funding: National Institute on Aging, 2016-2021 (2 R01 AG 040213 06)
Since 1968, the Panel Study of Income Dynamics (PSID) has collected 38 waves of data on a nationally representative sample of U.S. families and their descendants. Its long-term measures of economic and social wellbeing have allowed researchers and policymakers to better understand the dynamics of social and behavioral processes, increasingly in the context of an aging society. This project will collect, process, and disseminate health, wealth, and time use modules in the 2017 and 2019 waves of the PSID. Specifically, the project will: (1) Collect health status, health behaviors, health insurance coverage, and health care expenditure data and continue linkages to the National Death Index and Medicare claims; (2) collect wealth, active savings, and pensions data and develop multiply imputed measures of wealth; and (3) develop and collect a new module on time use and, for a subsample, collect objective physical activity and proximity data. After collection, data will be processed and distributed via PSID's Online Data Center, with sensitive data made available to qualified users under contract. These modules will make the PSID the only long-term panel representative of the full U.S. population equipped to study life course and multigenerational aspects of health, wealth, and time use.