CAN SURVEY PARTICIPATION ALTER HOUSEHOLD SAVING BEHAVIOUR?

• 成果类型: Article
• 署名作者: Crossley, Thomas F.; de Bresser, Jochem; Delaney, Liam; Winter, Joachim
• 署名单位: University of Essex; University of London; London School Economics & Political Science; University of Groningen; University of Stirling; University of Munich
• 刊物名称: ECONOMIC JOURNAL
• ISSN/ISSBN: 0013-0133
• DOI: 10.1111/ecoj.12398
• 发表日期: 2017
• 页码: 2332-2357
• 关键词: Retirement; field; panel; consumption; questions

摘要

We document an effect of survey participation on household saving. Identification comes from random assignment to modules within a population-representative Internet panel. The saving measure is based on linked administrative wealth data. Households that responded to a detailed questionnaire on needs in retirement reduced their non-housing saving rate by 3.5 percentage points, on a base of 1.5%. The survey may have acted as a salience shock, possibly with respect to reduced housing costs in retirement. Our findings present an important challenge to survey designers. They also add to the evidence of limited attention in household financial decision making.