Digital assets and fintech

• I Am So Tired! I Don’t Know What to Do! Survey Fatigue and Financial Literacy: Results from a Randomized Experiment

  Staff working paper 2026-5 Anna Chernesky, Kim Huynh, Marcel Voia

  We use a randomization of question placement in surveys to estimate the causal effect on financial literacy results. We find that financial literacy questions placed at the end of a survey lead to a drop in financial literacy of 5%–15%. This research suggests a measure of financial literacy adapted for survey length.

  Content Type(s): Staff research, Staff working papers JEL Code(s): C, C8, C81, C83, D, D1, D12, G, G5, G53 Research Theme(s): Models and tools, Econometric, statistical and computational methods, Money and payments, Cash and bank notes, Digital assets and fintech, Payment and financial market infrastructures, Retail payments