Interviewer Effects and the Measurement of Financial Literacy
| Autor: | Tobias Schmidt, Panagiota Tzamourani, Joachim Winter, Thomas F. Crossley |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
Statistics and Probability
Economics and Econometrics Interviewer Effect Interview 05 social sciences Applied psychology Variance (accounting) Paradata 0506 political science Political science 0502 economics and business 050602 political science & public administration Financial literacy 050207 economics Statistics Probability and Uncertainty Set (psychology) Social psychology Social Sciences (miscellaneous) |
| Zdroj: | Journal of the Royal Statistical Society Series A: Statistics in Society. 184:150-178 |
| ISSN: | 1467-985X 0964-1998 |
| DOI: | 10.1111/rssa.12617 |
| Popis: | In this paper, we ask whether interviewers influence the answers to a standard set of survey questions on financial literacy. We study data from Germany's wealth survey, the Panel on Household Finances (PHF). We have access to extensive auxiliary data, including interviewer identifiers, background characteristics of interviewers and measures of interviewer activity through the survey. We find that interviewer effects explain a significant fraction of the variance of the financial literacy score, and intra-interviewer correlations are notably larger for the financial literacy score than for other survey variables. We explore how accounting for interviewer effects can improve estimates of the effects of financial literacy on financial behaviours and outcomes. |
| Databáze: | OpenAIRE |
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