Crossley, Thomas F.; Schmidt, Tobias; Tzamourani, Panagiota - 2017 - This version: 28 April 2017
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, Panel on Household Finances (PHF). We have access to extensive paradata … survey. We find that interviewer effects explain a significant fraction of the variance of the financial literacy score, and …