Arbeitspapier

Fatigue in payment diaries - empirical evidence from Germany

In this paper we analyse whether the recording behaviour of consumers keeping a payment diary changes over the diary period. Using data from a large study on the payment behaviour of German consumers we find that individuals tend to report a higher number of transactions on the first day of the diary period than on subsequent days. Contrary to existing literature we also find that the number of small cash payments recorded does not decrease during the one-week diary period. Our findings indicate that short diaries may be enough to reflect adequately the payment behaviour of all consumers. However, the precision of the estimates increases with longer diaries, at small additional costs. Longer diaries are especially helpful when it comes to analysing subgroups of payment types or rare events.

ISBN
978-3-86558-715-2
Sprache
Englisch

Erschienen in
Series: Discussion Paper Series 1 ; No. 2011,11

Klassifikation
Wirtschaft
Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
Consumer Economics: Empirical Analysis
Demand for Money
Thema
payment behaviour
survey design
diary studies
Zahlungsverkehr
Privater Haushalt
Befragung
Deutschland

Ereignis
Geistige Schöpfung
(wer)
Schmidt, Tobias
Ereignis
Veröffentlichung
(wer)
Deutsche Bundesbank
(wo)
Frankfurt a. M.
(wann)
2011

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Schmidt, Tobias
  • Deutsche Bundesbank

Entstanden

  • 2011

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