Crossley, Thomas F.; Bresser, Jochem de; Delaney, Liam; … - 2014
Much empirical research in economics is based on data from household surveys. Panel surveys are particularly valuable … may alter subsequent behavior. We provide novel evidence of survey effects on a central life-cycle choice: household … retirement reduced their non-housing saving rate by 3.5 percentage points, on average. This mean effect is driven by high …