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Can Survey Participation Alter Household Saving Behaviour

Bibliographic Data

ID9703524
AuthorsThomas F Crossley (0000-0003-0952-7450, Essex University and Institute for Fiscal Studies, London), Jochem De Bresser (0000-0001-9213-1929, University of Groningen), Liam Delaney (0000-0002-3644-1161, University of Stirling), Joachim Winter (0000-0003-2460-619X, Ludwig-Maximilians-Universität München)
Year2017
Volume127
Issue606
Pages2332-2357
Publication date2017-11-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Economic Journal (JOURNAL)
Journal identifiersISSN: 0013-0133 • E-ISSN: 1468-0297
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1111/ecoj.12398
OpenAlexW1566740384
LanguageEN
Citations received6
References cited36

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

Business · Demographic economics · Economics · Environmental health · Identification (biology · Labour economics · Panel survey · Population · Public economics · Salience (neuroscience · Shock (circulatory · Socioeconomics · Survey data collection · Survey research · Financial Literacy, Pension, Retirement Analysis · Gender, Labor, and Family Dynamics · Housing Market and Economics · Psychology

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Unique citing works6
Citations per year0,46
Citation span2013 - 2024 (12)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 6

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