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Support #2129

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Income received from source in BHPS and UKHLS

Added by Yiwen Wu 5 months ago. Updated 5 months ago.

Status:
In Progress
Priority:
Normal
Category:
Income
Start date:
07/20/2024
% Done:

10%


Description

I would like to ask about the components used for deriving income variables. For example, in BHPS, individual pension income (wFIMNP) is constructed by ‘summing the amount received, converted to a monthly basis, for all wINCOME Records where the wFICODE takes the values 2, 3 or 4, and where the amount is currently being received’. However, in UKHLS the definition changed, pension income (w_fimnpen_dv) includes ‘receipts reported in the income data file where w_ficode equals [2] “a pension from a previous employer”, or [3] “a pension from a spouse’s previous employer”.’ I want to create a consistent pension income measure that include income receipt from sources where wFICODE takes the values 2, 3 or 4, but I don’t know which variable in the _income datafiles represent the amount received that is used to derive these variables. For example, in UKHLS, adding values from the w_frval column where wficode is 2 or 3 does not always equal to the derived value of w_fimnpen_dv (similarly in BHPS, adding w_frval column where wficode is 2, 3 or 4 does not always equal to the derived value of w_fimnp).

I suppose in UKHLS, instead of w_frval, w_frmnthimp_dv for each income source is used to calculate the total income of a category, but is there an equivalent of w_frmnthimp_dv for BHPS? Thank you!

Actions #1

Updated by Understanding Society User Support Team 5 months ago

  • Category set to Income
  • Status changed from New to In Progress
  • % Done changed from 0 to 10
  • Private changed from Yes to No

Many thanks for your enquiry. The Understanding Society team is looking into it and we will get back to you as soon as we can. We aim to respond to simple queries within 48 hours and more complex issues within 7 working days.

Best wishes,
Understanding Society User Support Team

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