An introduction to the FRBNY consumer credit panel

Arbeitspapier

In this paper, we introduce the FRBNY Consumer Credit Panel, a new longitudinal database with detailed information on consumer debt and credit. The panel uses a unique sample design and information derived from consumer credit reports to track individuals' and households' access to and use of credit at a quarterly frequency. In any given quarter ranging from the first quarter of 1999 to the present, the panel can be used to compute nationally representative estimates of the levels and changes in various aspects of individual and household liabilities. In addition to describing the sample design, the use of sample weights, and the credit report information included in the database, we provide some comparisons of population statistics and consumer debt estimates derived from our panel with those based on data from the American Community Survey and the Flow of Funds Accounts of the United States.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Staff Report ; No. 479

Classification and Topics

• Classification: Wirtschaft ; Household Saving; Personal Finance ; Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts ; Survey Methods; Sampling Methods ; Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
• Subject: Household credit ; consumer debt ; mortgage liabilities ; panel data

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Lee, Donghoon ; van der Klaauw, Wilbert
• Event: Veröffentlichung
• (who): Federal Reserve Bank of New York
• (where): New York, NY
• (when): 2010

Further information

• Handle: http://hdl.handle.net/10419/60759
• Last update: 10.03.2025, 11:43 AM CET