00000cam 2200000zi 4500 9.961212 CaOODSP 20260323132417 m o d f cr cn||||||||| 260323e20260304oncd obs f000 0 eng d CaOODSP eng rda CaOODSP eng eng fre n-cn--- FB3-5/2026-5E-PDF Chernesky, Anna, author. I am so tired! I don't know what to do! Survey fatigue and financial literacy : results from a randomized experiment / Anna Chernesky, Kim P. Huynh, Marcel C. Voia. I don't know what to do! Survey fatigue and financial literacy : results from a randomized experiment Survey fatigue and financial literacy : results from a randomized experiment [Ottawa] : Bank of Canada = Banque du Canada, March 4, 2026. ©2026 1 online resource (ii, 62 pages) : graphs. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff working paper = Document de travail du personnel, 1701-9397 ; 2026-5 Cover title. Includes bibliographical references (pages 16-18). "Cross-country evidence finds that there are low levels of financial literacy. Financial literacy is often measured using the "Big Three" questions about interest rates, inflation, and risk. These questions are usually part of a longer survey. Respondents in long surveys may suffer survey fatigue and have lower quality responses. Therefore, the placement of the questions (and survey fatigue) may play a role in the results. We use a randomization of question placement to estimate the casual effect on financial literacy results. We find that when financial literacy questions are placed at the end of a survey, respondents are more likely to answer "Don't know." The increase in "Don't know" responses comes largely at the expense of correct responses. We find that this leads to a drop in financial literacy by 5%-15%. This research suggests a measure of financial literacy that is adapted to account for survey length"--Abstract, page ii. Includes abstracts in English and French. Financial literacy Canada Statistics. Household surveys Canada Statistical methods. Sampling (Statistics) Culture financière Canada Statistiques. Ménages (Statistique) Enquêtes Canada Méthodes statistiques. Échantillonnage (Statistique) Statistics lcgft Statistiques rvmgf Bank of Canada, issuing body. Staff working paper (Bank of Canada) 1701-9397 ; 2026-5. (CaOODSP)9.806221 PDF 1.95 MB https://publications.gc.ca/collections/collection_2026/banque-bank-canada/FB3-5-2026-5-eng.pdf