National Financial Capability Study

National Financial Capability Study appears in New study reveals a "smartphone penalty" that distorts survey results as the repeated survey behind the episode’s financial-knowledge measurement problem. Carly Urban says no respondents used smartphones for the study in 2009, but 55% used smartphones by 2021.

The study matters to the wiki because it turns a time-series result into a Survey Mode Effects case. If respondents use different devices across waves, then Financial Literacy Measurement may confound real knowledge change with Smartphone Survey Penalty.

Connections

• FINRA Foundation - organization connected to the survey trend.
• Carly Urban - researcher explaining the measurement concern.
• Pew Research Center - smartphone-adoption context used to show why device mode changed so much.
• Smartphone Survey Penalty, Survey Mode Effects, and Financial Literacy Measurement - concepts tied to the study’s interpretation.