Econ Papers Daily / 期刊论文
测量金融行为与预期中的固定样本连续调查偏差
Panel conditioning in measuring financial behavior and expectations
摘要
This study investigates the phenomenon of panel conditioning and its impact on the reliability and stability of financial behavior and expectation measurements collected through a high-frequency longitudinal survey. Panel conditioning occurs when repeated participation in a survey influences respondents' behaviors and responses, potentially leading to biased data. Utilizing a quasi-experimental design and structural equation modelling, we analyze data from a monthly online survey to assess whether panel participation affects data quality, namely, reliability and stability. Our findings indicate that panel conditioning can lead to a slight increase in the reliability and stability over time. This research contributes to the broader understanding of panel conditioning effects, offering methodological guidance for future studies in this domain.
中文摘要
本研究探讨了固定样本条件化现象及其对通过高频纵向调查所收集的金融行为与预期测量的可靠性和稳定性的影响。固定样本条件化是指反复参与调查会影响受访者的行为和回答，从而可能导致数据偏误。我们采用准实验设计和结构方程模型，分析了一项月度在线调查的数据，以评估样本参与是否会影响数据质量，即可靠性和稳定性。研究结果表明，固定样本条件化可能随着时间推移导致可靠性和稳定性略有提高。本研究有助于加深对固定样本条件化效应的整体理解，并为该领域的未来研究提供方法学指导。