A researcher wants to study how wealth is passed down from generation to generation. The best dataset to use for this is called:
A) The National Educational Longitudinal Survey
B) The National Longitudinal Study of Adolescent Health
C) The National Survey of Families and Households
D) The Panel Study of Income Dynamics

Question

Quizplus · Accepted Answer

The Panel Study of Income Dynamics (PSID) is a dataset that has followed the same families and their descendants since 1968, making it an ideal choice for studying intergenerational wealth transfer. The other datasets listed may provide some information related to family and household dynamics, but they do not specifically focus on wealth transfer across generations.

A Researcher Wants to Study How Wealth Is Passed Down