What does PSID mean in UNCLASSIFIED
PSID (Panel Study on Income Dynamics) is a longitudinal study that collects data on the economic and social well-being of a representative sample of US households. The PSID follows the same households over time, allowing researchers to study changes in income, wealth, and other factors over the life course.
PSID meaning in Unclassified in Miscellaneous
PSID mostly used in an acronym Unclassified in Category Miscellaneous that means Panel Study on Income Dynamics
Shorthand: PSID,
Full Form: Panel Study on Income Dynamics
For more information of "Panel Study on Income Dynamics", see the section below.
The PSID began in 1968 with a sample of 5,000 families. The sample has been refreshed several times since then, and the current sample includes over 8,500 families. The PSID collects data on a wide range of topics, including:
- Income and wealth
- Employment and earnings
- Health and well-being
- Education and training
- Family structure and relationships
The PSID is a valuable resource for researchers studying a variety of topics, including
- The impact of economic policies on families
- The causes and consequences of poverty
- The role of education in social mobility
- The effects of family structure on child development
Final Words: The PSID is a unique and valuable data resource that has been used to inform policy and research for over 50 years. The PSID continues to be an important tool for understanding the economic and social challenges facing American families.