The debt aversion survey module: An experimentally validated tool to measure individual debt aversion

Research output: Working paper / PreprintWorking paper

Abstract

We develop an experimentally validated, short and easy-to-use survey module for measuring individual debt aversion. To this end, we first estimate debt aversion on an individual level, using choice data from Meissner and Albrecht (2022). This data also contains responses to a large set of debt aversion survey items, consisting of existing items from the literature and novel items developed for this study. Out of these, we identify a survey module comprising two qualitative survey items to best predict debt aversion in the incentivized experiment.
Original languageEnglish
PublisherCornell University - arXiv
Number of pages29
DOIs
Publication statusPublished - 2022

Publication series

SeriesarXiv.org
Number2211.02742
ISSN2331-8422

Keywords

  • debt aversion
  • preference measurement
  • survey validation

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