Panel conditioning in measuring financial behavior and expectations

Beschreibung

"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." (Author's abstract, IAB-Doku, © 2026 The Authors. Published by Elsevier B.V.) ((en))

Zitationshinweis

Cernat, Alexandru, Joseph W. Sakshaug, Bella Struminskaya, Susanne Helmschrott & Tobias Schmidt (2026): Panel conditioning in measuring financial behavior and expectations. In: Journal of Economic Psychology, Jg. 116. DOI:10.1016/j.joep.2026.102936