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Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: Can Survey Participation Alter Household Saving Behaviour?
Authors: Crossley, Thomas F
de, Bresser Jochem
Delaney, Liam
Winter, Joachim
Issue Date: Nov-2017
Citation: Crossley TF, de Bresser J, Delaney L & Winter J (2017) Can Survey Participation Alter Household Saving Behaviour?, Economic Journal, 127 (606), pp. 2332-2357.
Abstract: 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.
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Rights: © 2016 The Authors. The Economic Journal published by John Wiley & Sons Ltd on behalf of Royal Economic Society This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited.

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