Wisconsin Longitudinal Study Codebook

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

- 1 - Wisconsin Longitudinal Study Codebook

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 LIVES IN -OWNED OR RELIGIOUS 7 9 11 20 ORGANIZATION-OWNED HOME 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

- 2 - Wisconsin Longitudinal Study Codebook

Frequencies Value Label Male Female Total . System missing - NR 1011 813 1824 -3 REFUSED, NOT ASCERTAINED 75 86 161 INAPPROPRIATE -2 452 561 1013 INAPPROPRIATE (DOESN’T OWN A HOME) -1 DON’T KNOW 46 155 201 5000 $5,000 OR LESS 7 7 14 6000 - 60000 669 861 1530 60500 - 80000 657 769 1426 81000 - 108000 677 741 1418 109000 - 160000 746 737 1483 161000 - 975000 640 590 1230 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

- 3 - Wisconsin Longitudinal Study Codebook

Frequencies Value Label Male Female Total . System missing - NR 1011 813 1824 -3 REFUSED, NOT ASCERTAINED 103 116 219 INAPPROPRIATE -2 452 561 1013 INAPPROPRIATE (DOESN’T OWN A HOME) -1 DON’T KNOW 45 190 235 0 1212 1659 2871 200 - 20000 744 807 1551 20500 - 50000 719 699 1418 51000 - 730000 704 481 1185 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

- 4 - Wisconsin Longitudinal Study Codebook

Frequencies Value Label Male Female Total . System missing - NR 1011 813 1824 -610000 - 14 9 23 -1000 -3 REFUSED, NOT ASCERTAINED 108 119 227 INAPPROPRIATE INAPPROPRIATE, DOESN’T OWN A HOME -2 458 564 1022 (RR020RE ^= 1), OR AMOUNT UNDETERMINED DUE TO TOP-CODING -1 DON’T KNOW 80 305 385 0 - 42000 655 711 1366 42500 - 662 728 1390 63000 63500 - 749 769 1518 85000 85800 - 683 738 1421 130000 131000 - 566 569 1135 975000 999999 $999,999 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

- 5 - Wisconsin Longitudinal Study Codebook

Frequencies Value Label Male Female Total . System missing - NR 1011 813 1824 INAPPROPRIATE -2 3974 4510 8484 INAPPROPRIATE, NO UNDETERMINED TOP CODE 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

- 6 - Wisconsin Longitudinal Study Codebook

Frequencies Value Label Male Female Total . System missing - NR 1011 813 1824 -3 REFUSED, NOT ASCERTAINED 23 24 47 INAPPROPRIATE -2 INAPPROPRIATE (DOESN’T OWN OTHER REAL 2549 3077 5626 ESTATE) -1 DON’T KNOW 33 147 180 0 - 20000 295 324 619 21000 - 45000 271 246 517 47000 - 80000 272 250 522 81000 - 267 256 523 175000 180000 - 233 171 404 950000 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

- 7 - Wisconsin Longitudinal Study Codebook

Frequencies Value Label Male Female Total . System missing - NR 1011 813 1824 -3 REFUSED, NOT ASCERTAINED 25 30 55 INAPPROPRIATE -2 INAPPROPRIATE (DOESN’T OWN OTHER REAL 2549 3077 5626 ESTATE) -1 DON’T KNOW 16 86 102 0 843 914 1757 10 - 50000 316 267 583 51000 - 220 139 359 800000 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

- 8 - Wisconsin Longitudinal Study Codebook

Frequencies Value Label Male Female Total . System missing - NR 1011 813 1824 -500000 - 9 6 15 -5000 -3 REFUSED, NOT ASCERTAINED 28 28 56 INAPPROPRIATE INAPPROPRIATE, DOESN’T OWN OTHER REAL -2 2574 3087 5661 ESTATE (RR024RE ^=1), OR AMOUNT UNDETERMINED DUE TO TOP-CODING -1 DON’T KNOW 44 189 233 0 - 15000 263 301 564 16000 - 314 254 568 35000 36000 - 254 248 502 65000 66000 - 278 229 507 140000 141000 - 205 165 370 950000 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

- 9 - Wisconsin Longitudinal Study Codebook

Frequencies Value Label Male Female Total . System missing - NR 1011 813 1824 INAPPROPRIATE -2 3955 4503 8458 INAPPROPRIATE, NO UNDETERMINED TOP CODE 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

- 10 - Wisconsin Longitudinal Study Codebook

Frequencies Value Label Male Female Total . System missing - NR 1011 813 1824 -3 REFUSED, NOT ASCERTAINED 25 26 51 INAPPROPRIATE -2 INAPPROPRIATE (DOESN’T OWN A BUSINESS 2979 3661 6640 OR FARM) -1 DON’T KNOW 103 213 316 0 - 20000 182 116 298 22000 - 80000 172 120 292 85000 - 184 129 313 150000 160000 - 158 135 293 350000 360000 - 104 71 175 999998 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

- 11 - Wisconsin Longitudinal Study Codebook

Frequencies Value Label Male Female Total . System missing - NR 1011 813 1824 -3 REFUSED, NOT ASCERTAINED 29 29 58 INAPPROPRIATE -2 INAPPROPRIATE (DOESN’T OWN A BUSINESS 2979 3661 6640 OR FARM) -1 DON’T KNOW 35 84 119 0 623 503 1126 10 - 75000 182 151 333 78000 - 121 81 202 912000 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

- 12 - Wisconsin Longitudinal Study Codebook

Frequencies Value Label Male Female Total . System missing - NR 1011 813 1824 -500000 - 20 7 27 -951 -3 REFUSED, NOT ASCERTAINED 30 29 59 INAPPROPRIATE INAPPROPRIATE, DOESN’T OWN A BUSINESS OR -2 3012 3681 6693 FARM (RR028RE ^= 1), OR AMOUNT UNDETERMINED DUE TO TOP-CODING -1 DON’T KNOW 117 238 355 0 - 15000 162 104 266 16000 - 158 105 263 52000 53000 - 150 114 264 110000 115000 - 157 104 261 235000 239000 - 140 114 254 999998 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

- 13 - Wisconsin Longitudinal Study Codebook

Frequencies Value Label Male Female Total . System missing - NR 1011 813 1824 INAPPROPRIATE -2 3947 4493 8440 INAPPROPRIATE, NO UNDETERMINED TOP CODE 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

- 14 - Wisconsin Longitudinal Study Codebook

Frequencies Value Label Male Female Total . System missing - NR 1011 813 1824 -3 REFUSED, NOT ASCERTAINED 37 31 68 INAPPROPRIATE -2 198 252 450 INAPPROPRIATE (DOESN’T OWN VEHICLES) -1 DON’T KNOW 78 535 613 0 - 6000 692 991 1683 6200 - 11000 707 781 1488 11500 - 18000 866 728 1594 18500 - 30000 944 790 1734 30500 - 99000 412 375 787 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

- 15 - Wisconsin Longitudinal Study Codebook

Frequencies Value Label Male Female Total . System missing - NR 1011 813 1824 -3 REFUSED, NOT ASCERTAINED 41 39 80 INAPPROPRIATE -2 198 252 450 INAPPROPRIATE (DOESN’T OWN VEHICLES) -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

- 16 - Wisconsin Longitudinal Study Codebook

Frequencies Value Label Male Female Total . System missing - NR 1011 813 1824 -60000 - 24 33 57 -460 -3 REFUSED, NOT ASCERTAINED 43 38 81 INAPPROPRIATE INAPPROPRIATE, DOESN’T OWN VEHICLES -2 212 263 475 (RR032RE ^= 1), OR AMOUNT UNDETERMINED DUE TO TOP-CODING -1 DON’T KNOW 90 603 693 0 - 4000 574 854 1428 4100 - 695 747 1442 8000 8200 - 795 688 1483 14000 14200 - 798 663 1461 22000 22500 - 717 606 1323 99000 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

- 17 - Wisconsin Longitudinal Study Codebook

Frequencies Value Label Male Female Total . System missing - NR 1011 813 1824 INAPPROPRIATE -2 3966 4502 8468 INAPPROPRIATE, NO UNDETERMINED TOP CODE 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.

- 18 - Wisconsin Longitudinal Study Codebook

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 INAPPROPRIATE -2 3677 4143 7820 INAPPROPRIATE (RR036RE ^= 1) -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

- 19 - Wisconsin Longitudinal Study Codebook

Frequencies Value Label Male Female Total . System missing - NR 1011 813 1824 INAPPROPRIATE -2 3969 4480 8449 INAPPROPRIATE (RR037RE ^= 999997) -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 INAPPROPRIATE -2 3975 4501 8476 INAPPROPRIATE (RR038RE ^= 1) -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

- 20 - Wisconsin Longitudinal Study Codebook

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

- 21 - Wisconsin Longitudinal Study Codebook

Frequencies Value Label Male Female Total . System missing - NR 1011 813 1824 -3 REFUSED, NOT ASCERTAINED 352 486 838 INAPPROPRIATE -2 INAPPROPRIATE, INVESTMENTS INCLUDED IN 683 627 1310 SAVINGS REPORT -1 DON’T KNOW 162 715 877 0 1062 1286 2348 38 - 18000 575 527 1102 19000 - 80000 640 474 1114 82000 - 503 398 901 9,100,000 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

- 22 - Wisconsin Longitudinal Study Codebook

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 - -460 26 31 57 INAPPROPRIATE -2 INAPPROPRIATE, AMOUNT UNDETERMINED 123 78 201 DUE TO TOP-CODING 0 NO ASSETS, DO NOT KNOW, OR REFUSED 177 328 505 65 - 60000 600 959 1559 60500 - 112000 659 890 1549 112320 - 753 808 1561 182000 182600 - 821 735 1556 330000 331000 - 821 684 1505 20,380,000

- 23 - Wisconsin Longitudinal Study Codebook

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 INAPPROPRIATE -2 3857 4435 8292 INAPPROPRIATE, NO UNDETERMINED TOP CODE 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

- 24 - Wisconsin Longitudinal Study Codebook

Frequencies Value Label Male Female Total . System missing - NR 1011 813 1824 0 3158 2686 5844 1 336 682 1018 2 326 625 951 3 83 273 356 4 50 161 211 5 16 66 82 6 11 18 29 7 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 0 163 255 418 1 77 253 330 2 216 541 757 3 649 1011 1660 4 1526 1471 2997 5 1004 783 1787 6 334 181 515 7 11 18 29

- 25 -

Wisconsin Longitudinal Study Codebook

Table of Contents Phone: Assets Summary ...... 1 rr020re: Do you own your own home or are you renting? ...... 1 rr021re: How much do you think your home would sell for now? ...... 2 rr022re: How much, if anything, do you owe on your home? ...... 3 rr023rec: Respondent’s home equity...... 4 rr023ref: Flag for top-coding in respondent’s home equity...... 5 rr024re: Do you own any real estate other than a first home, business, or farm? .. . . 6 rr025re: How much do you think this real estate that is not your first home, a business, or a farm would sell for now? ...... 6 rr026re: How much, if anything, do you owe on your real estate, that is not your first home, a business, or a farm? ...... 7 rr027rec: Respondent’s other real estate equity that is not first home, a business, or a farm. . 8 rr027ref: Flag for top-coding in respondent’s other real estate equity that is not first home, a business, or a farm...... 9 rr028re: Do you own a business or farm? ...... 10 rr029re: How much do you think your business or farm would sell for now? .. . . . 10 rr030re: How much, if anything, do you owe on your business or farm? ...... 11 rr031rec: Respondent’s business or farm equity...... 12 rr031ref: Flag for top-coding in respondent’s business or farm equity...... 13 rr032re: Do you own any motor vehicles, including cars, trucks, campers, boats, and other RVs? 14 rr033re: Altogether how much do you think these motor vehicles, including cars, trucks, campers, boats, and other RVs would sell for now? ...... 14 rr034re: How much, if anything, do you owe on these motor vehicles, including cars, trucks, campers, boats, and other RVs? ...... 15 rr035rec: Motor vehicle equity, includes cars, trucks, campers, boats, and other RVs. .. . 16 rr035ref: Flag for top-coding in motor vehicle equity...... 17 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? . 18 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. . 18 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? 19 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? 20 rr040re: Total value of respondent and spouse’s savings...... 20 rr041re: Total value of respondent and spouse’s investments...... 21 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...... 22 rr043rec: Respondent and spouse net worth...... 23 rr043ref: Flag for top-coding in respondent and spouse net worth...... 24 rr044rec: Number of missing reports included in respondent’s total asset net worth, RR043REC. 24 rr045rec: Number of valid reports of assets included in respondent’s total asset net worth, RR043REC...... 25

- i -