White Papers
Managing Data Quality on the 2004 Survey of Consumer Finances
Overview The Survey of Consumer Finances gathers detailed household financial information from a sample of 4500 Americans. This survey faces the challenge of collecting high-quality numerical data from a complex interview on a subject that is often poorly understood by respondents and untrained interviewers alike. For the 2004 round of this triennial survey, the Federal Reserve Board and NORC teamed to improve the quality of the financial information collected by interviewers. Attempted improvements included changes to interviewer recruitment, training, testing and retention strategies; and provision of both rapid turnaround and more in-depth feedback to interviewers about their data quality during data collection. This paper presents both a description of the attempted improvements and an estimate of their impact on the quality of the financial information collected.
| Publisher | Federal Reserve Board | File Format | |
|---|---|---|---|
| Date Published | June 2005 | ||
| Format | White Papers | ||
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