The Great Recession and charitable giving |
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| Authors: | Jonathan Meer David Miller Elisa Wulfsberg |
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| Institution: | 1. Department of Economics, Texas A&2. M University, Texas, USA |
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| Abstract: | We examine the impact of the Great Recession on charitable giving. Using the Panel Study of Income Dynamics, we estimate a variety of specifications and find sharp declines in overall donative behaviour that is not accounted for by shocks to income or wealth. These results suggest that overall attitudes towards giving changed over this time period. |
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| Keywords: | Altruism Great Recession charitable giving philanthropy |
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