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Income, employment, family composition, health and retirement - are all topics on which the Panel Study of Income Dynamics (PSID) has annually gathered information from more than 4,800 US households. Hill sets out to make this wealth of data more accessible to researchers by reviewing key analysis issues and identifying key variables for the user. Several detailed analysis examples show how to make use of the PSID to estimate earnings regressions, changes in women's income following divorce and the correlation between parents' income and a child's adult income, as well as to create a longitudinal poverty measure.
