Financial Literacy Diagnostic Surveys 2008 and 2009 (Panel)

Russian Federation, 2008 - 2009

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Reference ID

RUS_2008_FLDS_v01_M

Producer(s)

National Agency for Financial Studies (NAFS)

Metadata

DDI/XML JSON

Created on

May 17, 2012

Last modified

Sep 26, 2013

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Money buys more/less if deposited in bank at 8% interest rate with 10% inflation (Q26)

Data file: World_Bank_Russia_Panel_FinLit_survey

Overview

Valid: 1600

Invalid: 1366

Type: Discrete

Decimal: 0

Start: 550

End: 552

Width: 3

Range: 1 - 999

Format: Numeric

Questions and instructions

Literal question

Imagine, than you deposited the money in a bank account at 8% interest rate, while the annual inflation rate was 10%. Do you think the money from your account can buy more or less, or the same amount of goods and services on average now as a year ago? Card # 15

Categories

Value	Category	Cases
1	More than a year ago	70	4.4%
2	The same	258	16.1%
3	Less than a year ago	870	54.4%
99	Don't know	402	25.1%
999	No answer	0	0%
Sysmiss		1366

Warning: these figures indicate the number of cases found in the data file. They cannot be interpreted as summary statistics of the population of interest.

Question post text

Interviewer: if a respondent says that he cannot come up with estimates, as the price fluctuations for goods he buys can vary from the inflation rate, then ask him to suppose that there are no such variations.

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