Economic Behavior of the Affluent, 1964

This study investigated high-income individuals in their roles as investors and workers. Questions were asked about savings objectives and investment policies, trust fund ownership, delegation of investment management, sources of information on investing, kinds of assets held, reasons for choosing particular assets, gifts and inheritances received, philanthropic giving and gifts to relatives, and capital gains and losses. Respondents' acquisition, handling, and expected disposition of assets were also explored, along with factors affecting portfolio decisions and the work effort of heads of households and their spouses. Finally, information was collected on occupation and work experience of both family head and spouse, family income and income patterns, and taxes and tax considerations, as well as structure and social characteristics of the family. Demographic data on respondents include sex, race, year of birth, marital status, number of dependents, level of education, religious preference, and political identification.