In a randomized survey experiment, I test how variations in question wording and format influence response behavior. Participants from a representative sample in Germany are divided into four groups, each…
How does government control over mass media affect banking system? Our theoretical model predicts that if the media are biased, depositors are less likely to run on their bank, but also less likely to deposit…
Women are less likely to correctly answer the “Big-3” financial literacy questions, and a substantial share of the gap reflects women’s lower confidence. In our experiment, women are more likely to choose “do…