Survey Incentives, Survey Effort, and Survey Costs

38 Pages Posted: 2 Oct 2014

See all articles by Jesse Bricker

Jesse Bricker

Board of Governors of the Federal Reserve System

Date Written: September 9, 2014

Abstract

This paper uses the 2007 and 2010 waves of the Survey of Consumer Finances (SCF) to investigate how monetary incentives affect the time and effort that interviewers expend during the survey field period, and how these incentives affect effort expended by the survey respondent. The results imply that a larger monetary incentive offer helps reduce contact attempts and time in the field while maintaining data quality and effort during the survey by the respondent. Our results are based on a quasi-experiment that varies which families receive an incentive offer letter. Supporting evidence is given through a comparison of field effort outcomes between 2010 and 2007 after the base incentive increased from $20 in 2007 to $50 in 2010.

Keywords: Incentives, data quality, contact attempts, record-of-call paradata

JEL Classification: Y8

Suggested Citation

Bricker, Jesse, Survey Incentives, Survey Effort, and Survey Costs (September 9, 2014). FEDS Working Paper No. 2014-74, Available at SSRN: https://ssrn.com/abstract=2503478 or http://dx.doi.org/10.2139/ssrn.2503478

Jesse Bricker (Contact Author)

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

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