WLS Codebooks and Flowcharts

Note: Codebooks contain frequency data from the private data release. For some variables, these differ from the frequencies in the public release. Variables that differ between the public and private versions include "(not available on public release)" as part of the variable description, or a note indicating the difference between the public and private versions.

Phone: Assets Summary

rr020re-rr023rec       Home ownership, value of home, amount owed,
                       and home equity.

rr024re-rr027rec       Other real estate ownership, value of, amount 
                       owed, and equity.

rr028re-rr031rec       Business or farm ownership, value of, amount
                       owed, and equity.

rr032re-rr035rec       Motor vehicle ownership, value of, amount owed,
                       and equity.

rr036re-rr039re        Debt not including mortgage, vehicle or previously
                       reported real estate.

rr040re-rr041re        Value of savings and investments.

rr042rec               Bracketed value of debts.

rr043rec-rr045rec      Respondent and spouse net worth and flags indicating 
                       number of missing and valid reports of assets 
                       included in net worth. 

Imputed data for a subset of variables in this module are available in 
"Ancillary Data: Economic Imputations"

rr020re: Do you own your own home or are you renting?

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 814m, s814m

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-3 REFUSED, NOT ASCERTAINED 105 81 186
-1 DON'T KNOW 2 0 2
1 OWN HOME 3528 3952 7480
2 RENT HOME 291 417 708
3 LIVES WITH PARENT(S) 22 21 43
4 LIVES WITH CHILD(REN) 1 5 6
5 LIVES WITH OTHER RELATIVE(S) 1 6 7
6 LIVES WITH OTHER NON-RELATIVE(S) 6 2 8
7 LIVES IN CHURCH-OWNED OR RELIGIOUS ORGANIZATION-OWNED HOME 9 11 20
8 OTHER 15 18 33
Note: An imputed version of this variable is available in:
"Ancillary Data: Economic Imputations"

rr021re: How much do you think your home would sell for now?

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 814s
Revisions: Updated 8/96     

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-3 REFUSED, NOT ASCERTAINED 75 86 161
-2 452 561 1013
-1 DON'T KNOW 46 155 201
5000 $5000 OR LESS 7 7 14
6000 - 975000 $6000-$975000 3389 3698 7087
999999 $999,999 OR MORE 11 6 17
Note: $999,999 was the maximum amount allowed in the questionnaire.

An imputed version of this variable is available in:
"Ancillary Data: Economic Imputations"

rr022re: How much, if anything, do you owe on your home?

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 814z
Revisions: Updated 5/96, 8/96     

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-3 REFUSED, NOT ASCERTAINED 103 116 219
-2 452 561 1013
-1 DON'T KNOW 45 190 235
0 1212 1659 2871
200 - 730000 $200-$730,000 2167 1987 4154
999999 $ 999,999 or more 1 0 1
Note: $999,999 was the maximum amount allowed in the questionnaire.

In the public release, this variable is top-coded at $350,000.

An imputed version of this variable is available in:
"Ancillary Data: Economic Imputations"

rr023rec: Respondent's home equity.

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 814s, 814z
Revisions: Updated 5/96, 8/96, 2/2014     

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-610000 - -1000 $1,000 - $610,000 IN DEBT 14 9 23
-3 REFUSED, NOT ASCERTAINED 108 119 227
-2 458 564 1022
-1 DON'T KNOW 80 305 385
0 17 15 32
500 - 975000 $500-$975,000 3298 3500 6798
999999 $ 999999 or more 5 1 6
Note: $999,999 was the maximum amount allowed in the questionnaire for
value of home (RR021RE) and amount owed (RR022RE). If RR021RE is
$999,999 and RR022RE is any valid amount other than 0, then RR023REC
is -2 and RR023REF is 1. If RR021RE is $999,999 and RR022RE is 0,
then RR023REC is 999999.

In the public release, this variable is top-coded at $900,000 and
bottom-coded at -$15,000.

rr023ref: Flag for top-coding in respondent's home equity.

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 814s, 814z
Revisions: Added 2/2014     

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-2 3974 4510 8484
1 UNDETERMINED DUE TO TOP-CODING 6 3 9
Note: $999,999 was the maximum amount allowed in the questionnaire for
value of home (RR021RE) and amount owed (RR022RE). If RR021RE is
$999,999 and RR022RE is any valid amount other than 0, then RR023REC
is -2 and RR023REF is 1. If RR023REC is any valid amount, including
999999, then RR023REF is -2.

rr024re: Do you own any real estate other than a first home, business, or farm?

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 816f
Revisions: Updated 8/96     

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-3 REFUSED/NOT ASCERTAINED 112 90 202
-1 DON'T KNOW 2 2 4
1 YES 1431 1436 2867
2 NO 2435 2985 5420
Note: An imputed version of this variable is available in:
"Ancillary Data: Economic Imputations"

rr025re: How much do you think this real estate that is not your first home, a business, or a farm would sell for now?

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 816m
Revisions: Updated 8/96     

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-3 REFUSED, NOT ASCERTAINED 23 24 47
-2 2549 3077 5626
-1 DON'T KNOW 33 147 180
0 8 7 15
10 - 950000 $10-$950,000 1330 1240 2570
999999 $999,999 OR MORE 37 18 55
Note: $999,999 was the maximum value allowed in the questionnaire.

An imputed version of this variable is available in:
"Ancillary Data: Economic Imputations"

rr026re: How much, if anything, do you owe on your real estate, that is not your first home, a business, or a farm?

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 816z
Revisions: Updated 8/96     

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-3 REFUSED, NOT ASCERTAINED 25 30 55
-2 2549 3077 5626
-1 DON'T KNOW 16 86 102
0 843 914 1757
10 - 800000 $10-$800000 536 406 942
999999 $999,999 OR MORE 11 0 11
Note: $999,999 was the maximum value allowed in the questionnaire.

An imputed version of this variable is available in:
"Ancillary Data: Economic Imputations"

rr027rec: Respondent's other real estate equity that is not first home, a business, or a farm.

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 816m, 816z
Revisions: Updated 5/96, 8/96, 2/2014     

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-500000 - -5000 $5,000 - $500,000 IN DEBT 9 6 15
-3 REFUSED, NOT ASCERTAINED 28 28 56
-2 2574 3087 5661
-1 DON'T KNOW 44 189 233
0 15 12 27
10 - 950000 $10-$950,000 1299 1185 2484
999999 $999,999 OR MORE 11 6 17
Note: $999,999 was the maximum amount allowed in the questionnaire for
value of other real estate (RR025RE) and amount owed (RR026RE). If
RR025RE is $999,999 and RR026RE is any valid amount other than 0, then
RR027REC is -2 and RR027REF is 1. If RR025RE is $999,999 and RR026RE
is 0, then RR027REC is 999999.

In the public release this variable is bottom-coded at -$15,000.

rr027ref: Flag for top-coding in respondent's other real estate equity that is not first home, a business, or a farm.

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 816m, 816z
Revisions: Added 2/2014     

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-2 3955 4503 8458
1 UNDETERMINED DUE TO TOP-CODING 25 10 35
Note: $999,999 was the maximum amount allowed in the questionnaire for
value of other real estate (RR025RE) and amount owed (RR026RE). If
RR025RE is $999,999 and RR026RE is any valid amount other than 0, then
RR027REC is -2 and RR027REF is 1. If RR025RE is $999,999 and RR026RE
is 0, then RR027REC is 999999. If RR027REC is any valid amount,
including 999999, then RR027REF is -2.

rr028re: Do you own a business or farm?

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 818

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-3 REFUSED/NOT ASCERTAINED 108 87 195
-1 DON'T KNOW 3 1 4
1 YES 1001 852 1853
2 NO 2868 3573 6441
Note: An imputed version of this variable is available in:
"Ancillary Data: Economic Imputations"

rr029re: How much do you think your business or farm would sell for now?

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 818f

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-3 REFUSED, NOT ASCERTAINED 25 26 51
-2 2979 3661 6640
-1 DON'T KNOW 103 213 316
0 75 55 130
10 - 999998 $10-$999998 725 516 1241
999999 $999,999 OR MORE 73 42 115
Note: $999,999 was the maximum value allowed in the questionnaire.

An imputed version of this variable is available in:
"Ancillary Data: Economic Imputations"

rr030re: How much, if anything, do you owe on your business or farm?

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 818z

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-3 REFUSED, NOT ASCERTAINED 29 29 58
-2 2979 3661 6640
-1 DON'T KNOW 35 84 119
0 623 503 1126
10 - 912000 $10-$912000 303 232 535
999999 $999,999 OR MORE 11 4 15
Note: $999,999 was the maximum value allowed in the questionnaire.

An imputed version of this variable is available in:
"Ancillary Data: Economic Imputations"

rr031rec: Respondent's business or farm equity.

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 818f, 818z
Revisions: Updated 5/96, 8/96, 2/2014     

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-500000 - -951 $951 - $500,000 IN DEBT 20 7 27
-3 REFUSED, NOT ASCERTAINED 30 29 59
-2 3012 3681 6693
-1 DON'T KNOW 117 238 355
0 70 54 124
100 - 999998 $100-$999,998 697 487 1184
999999 $999,999 OR MORE 34 17 51
Note: $999,999 was the maximum amount allowed in the questionnaire for
value of farm or business (RR029RE) and amount owed (RR030RE). If
RR029RE is $999,999 and RR030RE is any valid amount other than 0, then
RR031REC is -2 and RR031REF is 1. If RR029RE is $999,999 and RR030RE
is 0, then RR031REC is 999999.

In the public release this variable is bottom-coded at -$50,000.

rr031ref: Flag for top-coding in respondent's business or farm equity.

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 818f, 818z
Revisions: Added 2/2014     

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-2 3947 4493 8440
1 UNDETERMINED DUE TO TOP-CODING 33 20 53
Note: $999,999 was the maximum amount allowed in the questionnaire for
value of farm or business (RR029RE) and amount owed (RR030RE). If
RR029RE is $999,999 and RR030RE is any valid amount other than 0, then
RR031REC is -2 and RR031REF is 1. If RR029RE is $999,999 and RR030RE
is 0, then RR031REC is 999999. If RR031REC is any valid amount,
including 999999, then RR031REF is -2.

rr032re: Do you own any motor vehicles, including cars, trucks, campers, boats, and other RVs?

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 818s

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-3 REFUSED/NOT ASCERTAINED 104 83 187
-1 DON'T KNOW 2 1 3
1 YES 3782 4261 8043
2 NO 92 168 260
Note: An imputed version of this variable is available in:
"Ancillary Data: Economic Imputations"

rr033re: Altogether how much do you think these motor vehicles, including cars, trucks, campers, boats, and other RVs would sell for now?

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 820m

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-3 REFUSED, NOT ASCERTAINED 37 31 68
-2 198 252 450
-1 DON'T KNOW 78 535 613
0 8 16 24
10 - 99000 $10-$99000 3613 3649 7262
99999 $99,999 OR MORE 46 30 76
Note: $99,999 was the maximum value allowed in the questionnaire.

An imputed version of this variable is available in:
"Ancillary Data: Economic Imputations"

rr034re: How much, if anything, do you owe on these motor vehicles, including cars, trucks, campers, boats, and other RVs?

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 820z
Revisions: Updated 5/96     

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-3 REFUSED, NOT ASCERTAINED 41 39 80
-2 198 252 450
-1 DON'T KNOW 24 161 185
0 2523 2857 5380
30 - 8000 754 806 1560
8200 - 90000 438 397 835
99999 $ 99,999 OR MORE 2 1 3
Note: $99,999 was the maximum value allowed in the questionnaire.

In the public release, this variable is top-coded at $60,000.

An imputed version of this variable is available in:
"Ancillary Data: Economic Imputations"

rr035rec: Motor vehicle equity, includes cars, trucks, campers, boats, and other RVs.

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 820m, 820z
Revisions: Updated 5/96, 8/96, 2/2014     

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-60000 - -460 $460 - $60,000 IN DEBT 24 33 57
-3 REFUSED, NOT ASCERTAINED 43 38 81
-2 212 263 475
-1 DON'T KNOW 90 603 693
0 42 75 117
12 - 99000 $12-$99000 3537 3483 7020
99999 $99,999 OR MORE 32 18 50
Note: $99,999 was the maximum amount allowed in the questionnaire for
value of vehicle (RR033RE) and amount owed (RR034RE). If RR033RE is
$99,999 and RR034RE is any valid amount other than 0, then RR035REC is
1 and RR035REF is 1. If RR033RE is $99,999 and RR034RE is 0, then
RR035REC is 99999.

In the public release this variable is bottom-coded at -$7,000.

rr035ref: Flag for top-coding in motor vehicle equity.

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 820m, 820z
Revisions: Added 2/2014     

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-2 3966 4502 8468
1 UNDETERMINED DUE TO TOP-CODING 14 11 25
Note: $99,999 was the maximum amount allowed in the questionnaire for
value of vehicle (RR033RE) and amount owed (RR034RE). If RR033RE is
$99,999 and RR034RE is any valid amount other than 0, then RR035REC is
1 and RR035REF is 1. If RR033RE is $99,999 and RR034RE is 0, then
RR035REC is 99999. If RR035REC is any valid amount, including 99999,
then RR035REF is -2.

rr036re: Do you owe a total of $5,000 or more for anything other than mortgages, cars, trucks, campers, boats, other RVs, a business, a farm or real estate that we have already talked about?

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 820n

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-3 REFUSED/NOT ASCERTAINED 133 101 234
-1 DON'T KNOW 6 8 14
1 YES 303 370 673
2 NO 3538 4034 7572
Note: An imputed version of this variable is available in:
"Ancillary Data: Economic Imputations"

rr037re: How much do you owe for anything other than mortgages, cars, trucks, campers, boats, other RVs, a business, a farm or real estate that we have already talked about? Direct report.

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 820s
Revisions: Updated 5/96     

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-3 REFUSED, NOT ASCERTAINED 5 12 17
-2 3677 4143 7820
-1 DON'T KNOW 11 33 44
5000 43 100 143
5100 - 7000 61 73 134
7400 - 10000 61 71 132
11000 - 22000 70 52 122
23000 - 250000 52 29 81
Note: In the public release, this variable is top-coded at $70,000.

An imputed version of this variable is available in:
"Ancillary Data: Economic Imputations"

rr038re: Would your debts for anything other than mortgages, cars, trucks, campers, boats, other RVs, a business, a farm or real estate that we have already talked about amount to $10,000 or more?

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 821f

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-2 3969 4480 8449
-1 DON'T KNOW 2 4 6
1 YES 5 12 17
2 NO 4 17 21
Note: RR038RE only has responses for those R's who indicate they owe at
least $ 5000 in RR036RE and then respond with don't know for
amount in RR037RE.

rr039re: Would your debts for anything other than mortgages, cars, trucks, campers, boats, other RVs, a business, a farm or real estate that we have already talked about amount to $25,000 or more?

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 821m

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-2 3975 4501 8476
-1 DON'T KNOW 0 2 2
1 YES 2 7 9
2 NO 3 3 6

rr040re: Total value of respondent and spouse's savings.

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 822

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-3 REFUSED, NOT ASCERTAINED 365 484 849
-1 DON'T KNOW 148 568 716
0 - 4000 597 797 1394
4200 - 15000 674 724 1398
15500 - 40000 758 728 1486
40700 - 100000 781 745 1526
105000 - 9,999,999 650 466 1116
10000000 $ 10,000,000 OR MORE 7 1 8
Note: $10,000,000 was the maximum value allowed in the questionnaire.

In the public release, this variable is top-coded at $2,000,000.

An imputed version of this variable is available in:
"Ancillary Data: Economic Imputations"

rr041re: Total value of respondent and spouse's investments.

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 822f

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-3 REFUSED, NOT ASCERTAINED 352 486 838
-2 683 627 1310
-1 DON'T KNOW 162 715 877
0 1062 1286 2348
38 - 9,100,000 $38-$9,100,000 1718 1399 3117
10000000 $10,000,000 OR MORE 3 0 3
Note: $10,000,000 was the maximum value allowed in the questionnaire.

In the public release, this variable is top-coded at $2,000,000.

An imputed version of this variable is available in:
"Ancillary Data: Economic Imputations"

rr042rec: How much do you owe for anything other than mortgages, cars, trucks, campers, boats, other RVs, a business, a farm or real estate that we have already talked about? Bracketed report.

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 820s, 821f, 821m
Revisions: Updated 5/96, 8/96     

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-3 REFUSED, NOT ASCERTAINED 138 113 251
-1 DON'T KNOW 8 14 22
0 LESS THAN $5,000 3538 4034 7572
1 $5,000-$9,999 135 228 363
2 $10,000-$24,999 110 89 199
3 $25,000 OR MORE 51 35 86

rr043rec: Respondent and spouse net worth.

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 814s, 814z, 816m, 816z, 818f, 818z, 820m, 820z, 820s, 822, 822f
Revisions: Updated 5/96, 8/96, 2/2014     

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-486000 - -39500 $39,500 - $48,600 IN DEBT 8 3 11
-39400 - -460 18 28 46
-2 123 78 201
0 NO ASSETS, DO NOT KNOW OR REFUSED 177 328 505
65 - 20,380,000 $65-$20,380,000 3654 4076 7730
Note: $999,999 was the maximum amount allowed in the questionnaire for
many of the components of this sum. If any component was top-coded
during data collection, then RR043REC is -2 and RR043REF is 1.

WARNING: zeros are used for don't knows and refusals when computing
the sum. Thus the code "0" can indicate either no assets or don't know/
refused for all items summed for net worth. RR044REC indicates the
number of occurrences of don't knows and refusals in the sum. RR045REC
indicates the total number of reports of assets included in the sum.

In the public release, this variable is top-coded at $2,000,000
and bottom-coded at -$45,000.

rr043ref: Flag for top-coding in respondent and spouse net worth.

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 814s, 814z, 816m, 816z, 818f, 818z, 820m, 820z, 820s, 822, 822f
Revisions: Added 2/2014     

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
-2 3857 4435 8292
1 UNDETERMINED DUE TO TOP-CODING 123 78 201
Note: $999,999 was the maximum amount allowed in the questionnaire for
many of the components of this sum. If any component was top-coded
during data collection, then RR043REC is -2 and RR043REF is 1. If
RR043REC is any valid amount, then RR043REF is -2.

rr044rec: Number of missing reports included in respondent's total asset net worth, RR043REC.

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 814s, 814z, 816m, 816z, 818f, 818z, 820m, 820z, 820s, 822, 822f
Revisions: Added 3/97     

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
0 NO MISSING REPORT 3158 2686 5844
1 ONE MISSING REPORT 336 682 1018
2 TWO MISSING REPORTS 326 625 951
3 THREE MISSING REPORTS 83 273 356
4 FOUR MISSING REPORTS 50 161 211
5 FIVE MISSING REPORTS 16 66 82
6 SIX MISSING REPORTS 11 18 29
7 SEVEN MISSING REPORTS 0 2 2

rr045rec: Number of valid reports of assets included in respondent's total asset net worth, RR043REC.

Data source: Graduate Respondent      Collected in: 1992-93      Mode: phone
Source variables: 814s, 814z, 816m, 816z, 818f, 818z, 820m, 820z, 820s, 822, 822f
Revisions: Added 3/97     

Frequencies
Value Label Male Female Total
. System missing - NR 1011 813 1824
0 NO VALID ASSET REPORTS 163 255 418
1 ONE VALID ASSET REPORT 77 253 330
2 TWO VALID ASSET REPORTS 216 541 757
3 THREE VALID ASSET REPORTS 649 1011 1660
4 FOUR VALID ASSET REPORTS 1526 1471 2997
5 FIVE VALID ASSET REPORTS 1004 783 1787
6 SIX VALID ASSET REPORTS 334 181 515
7 SEVEN VALID ASSET REPORTS 11 18 29

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