The 2013 Survey of Consumer Payment Choice: Technical Appendix

2015 • No. 15–5
By Marco Angrisani, Kevin Foster, and Marcin Hitczenko

Full Text Document (pdf)

This report serves as the technical appendix to the 2013 Survey of Consumer Payment Choice. The Survey of Consumer Payment Choice (SCPC) is an annual study, conducted since 2008 through a partnership between the Consumer Payments Research Center (CPRC) at the Federal Reserve Bank of Boston and the RAND Corporation, designed primarily to collect data on attitudes to and use of various payment instruments by consumers over the age of 18 in the United States. The main report, which introduces the survey and discusses the principal economic results, can be found here. This data report details the technical aspects of the survey design, implementation, and analysis.

  • Key Findings

    The technical appendix does the following:

    • Establishes the context and goals of the survey.
    • Highlights changes in the survey from the 2012 version to the 2013 version.
    • Details the sample selection strategy in the context of that used in previous years and presents statistics relating to survey response and completion.
    • Delineates the methodology used to generate the sample weights that are used to make inferences about the entire population of U.S. consumers.
    • Discusses the general philosophy taken toward data preprocessing of categorical and quantitative variables and provides detailed algorithms for key data-editing procedures
    • Presents the statistical methodology used for estimating and comparing population estimates.
    • Conducts a variety of hypothesis tests.
    • Briefly describes the work being done by the CPRC and RAND to improve the survey and its analysis.
    • Presents results of the hypothesis tests.
  • Implications

    Providing a detailed technical appendix is intended to enable users of the SCPC data and researchers who study the results and approach of the 2013 SCPC to understand and interpret more completely exactly what the data are and what the results indicate.

  • Resources